The market value:

a. of an asset is reflected in the balance sheet.

b. of an asset tends to provide a better guide to the actual worth of that asset than does the book value , and is equal to the estimated current cash value of those assets.

c. is decreased annually by the depreciation expense.

d. of accounts receivable is generally higher than the book value of those receivables.

e. of fixed assets will always exceed the book value of those assets.