Which of the following statements are correct? i. liquidation value of a firm is equal to the present worth of expected future cash flows from operating activities. ii. when an acquiring firm purchases a target firm's equity, the acquirer must assume the target's liabilities. iii. the market value of a public company reflects the worth of the business to minority investors. iv. the fair market value of a business is usually the lower of its liquidation value and its going-concern value.

II and III

Explanation:

Out of the given option, the following statements are correct:

II. When an acquiring firm purchases a target firm's equity, the acquirer must assume the target's liabilities.

Reason: While acquiring it's important to consider and ponder upon both assets and liabilities of an individual.

III. The market value of a public company reflects the worth of the business to minority investors.

Reason: The value of the organization plays a vital role in several aspects of market and the players inverting in it.

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