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In a recent balance sheet Microsoft Corporation reported Property, Plant and Equipment of $6078 million and Accumulated Depreciation of $3855 million. The book value of
In a recent balance sheet Microsoft Corporation reported Property, Plant and Equipment of $6078 million and Accumulated Depreciation of $3855 million. The book value of the fixed assets is $2223 million. Would the book value of Microsoft Corporation's fixed assets normally approximate their fair market value? (explain)
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