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Book value is: a based on historical cost. b equivalent to market value for firms with fixed assets. c more of a financial than an
Book value is:
a | based on historical cost. |
b | equivalent to market value for firms with fixed assets. |
c | more of a financial than an accounting valuation. |
d | the amount a willing buyer will pay for an asset. |
e | adjusted to market value whenever the market value exceeds the stated book value. |
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