Book value of fixed assets Obj. 4 In a recent balance sheet, Microsoft Corporation (MSFT) reported Property,
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Book value of fixed assets Obj. 4 In a recent balance sheet, Microsoft Corporation (MSFT) reported Property, Plant, and Equipment of $38,156 million and Accumulated Depreciation of $19,800 million.
a. What was the book value of the fixed assets?
b. Would the book value of Microsoft’s fixed assets normally approximate their fair market values?
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Corporate Financial Accounting
ISBN: 9781337398176
15th Edition
Authors: Carl Warren, Jefferson Jones
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