The market value of a listed company is not put into its balance sheet because: (a) Market
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The market value of a listed company is not put into its balance sheet because:
(a) Market value goes up and down over time.
(b) Buyers of shares generally only buy a few shares.
(c) Readers of financial statements are trying to assess future value of shares not the present value.
(d) Market value is not known until the balance sheet date.
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Related Book For
Financial Accounting An International Introduction
ISBN: 9780273685203
2nd Edition
Authors: David Alexander
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