Book value (or Net book value) refers to: - 4795

Solution Posted by
UoPExpert

UoPExpert

Rating : (2)F
Solution Detail
Price: $1.30
  • From: ,
  • Posted on: Thu 29 Mar, 2012
  • Request id: None
  • Purchased: 0 time(s)
  • Average Rating: No rating
Request Description

Book value (or Net book value) refers to:

A. the length of an asset's life when it is issued.

B. the statement of a firm's financial position at one point in time, including its assets and the claims on those assets by creditors (liabilities) and owners (stockholders' equity).

C. the price for which something could be bought or sold in a reasonable length of time, where “reasonable length of time” is defined in terms of the item's liquidity.

D. the net amount shown in the accounting statements.

 
Solution Description

Book value (or Net book value) refers to: