Which of the following methods of valuing an asset is based on the amount that a firm could acquire by selling the asset?
A)Replacement cost
B)Entry value
C)Exit value
D)Both a and b

Question

Quizplus · Accepted Answer

Exit value is based on the amount that a firm could acquire by selling an asset. Replacement cost and entry value are based on the cost of acquiring or replacing an asset, rather than the amount that could be obtained by selling it. Therefore, the best choice is C.

Which of the Following Methods of Valuing an Asset Is