________ value represents an asset's balance sheet value, derived by subtracting accumulated deprecation from historical acquisition cost.

Question

Quizplus · Accepted Answer

Book value is calculated by subtracting the accumulated depreciation from the historical acquisition cost of an asset. This value represents the amount that the asset is worth on the balance sheet. Liquidation value is the amount that an asset is expected to generate in a quick sale, while market value is the current value of the asset in its respective market. Investment value is the value of an asset to a particular investor or entity.

________ Value Represents an Asset's Balance Sheet Value, Derived by Subtracting