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Author Question: The NAV method determines a company's value as the difference between the book value of its assets ... (Read 53 times)

c0205847

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on: Jul 6, 2018
The NAV method determines a company's value as the difference between the book value of its assets and the fair market value of its liabilities.
 
  Indicate whether the statement is true or false

Question 2

____________ furnish proof that a transaction has taken place.
 a. Source documents
   b. Secure documents
   c. Ledgers
   d. Journal entries


dmurph1496

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Reply #1 on: Jul 6, 2018
Answer to Question 1

FALSE
Explanation: The Net Asset Value (NAV) method determines a company's value as the difference between the fair market value of its assets and the fair market value of its liabilities.

Answer to Question 2

a


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