The book value of a depreciable asset is always equal to its market value because depreciation is a valuation technique.

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The book value of a depreciable asset is calculated by subtracting accumulated depreciation from the asset's original cost. The market value of an asset, on the other hand, is based on its market demand and supply and may not always be the same as the book value. Therefore, the book value and market value of a depreciable asset may not always be equal.

The Book Value of a Depreciable Asset Is Always Equal