Final answer:
A firm's total asset value does not belong entirely to the shareholders. Stock represents ownership of a firm, but shareholders only have a small slice of the overall ownership.
Step-by-step explanation:
False. A firm's total asset value does not belong entirely to the shareholders. While shareholders own a portion of a company's stock, they do not own the entire company. Stock represents ownership of a firm, but large numbers of shareholders each have only a small slice of the overall ownership of the firm.