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E3-25 Book value of fixed assets For a recent year, Barnes & Noble Inc. (BKS) reported (in thousands) Property and Equipment of $2,682,981 and
E3-25 Book value of fixed assets For a recent year, Barnes & Noble Inc. (BKS) reported (in thousands) Property and Equipment of $2,682,981 and Accumulated Depreciation of $2,406,859. a. What was the book value of the fixed assets? b. Would the book values of Barnes & Noble's fixed assets normally approximate their fair market values?
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College Accounting
Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille
11th edition
978-1111528300, 1111528128, 1111528306, 978-1111528126
