Liquidation value is a determination of the net cash that could be obtained through disposing of assets via a quick sale, with liabilities either paid off or negotiated away.

Name: Liquidation value is a determination of the net cash that could be obtained through disposing of assets via a quick sale, with liabilities either paid off or negotiated away.
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Question

Quizplus · Accepted Answer

The definition accurately defines the concept of liquidation value.

Liquidation Value Is a Determination of the Net Cash That