« previous next »

Author Question: An asset's book value represents the true market value of the asset. Indicate whether the ... (Read 82 times)

shenderson6

  • Hero Member
  • *****
  • Posts: 573
on: Jul 6, 2018
An asset's book value represents the true market value of the asset.
  Indicate whether the statement is true or false

Question 2

Which of the following is true of the standards of value used in business valuation?
 
  A) The fair value proposes a hypothetical sale in an open and unrestricted market.
  B) The investment value is often used in dissenting minority interest litigation.
  C) The book value of a business rarely represents its fair market value.
  D) The fair market value is usually greater than the investment value.


wergv

  • Sr. Member
  • ****
  • Posts: 365
Reply #1 on: Jul 6, 2018
Answer to Question 1

F

Answer to Question 2

C
Explanation: C) The book value of a business rarely represents its fair market value. Nonetheless, many buy-sell agreements use net book value as the applicable measure of value.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

A depiction of a platypus from a book for children published in Germany in 1798 A depiction of a platypus from a book for children published in Germany in 1798
A true albino squirrel. Note the pink eyes. A true albino squirrel. Note the pink eyes.
Rule of Nines. A method for determining percentage of body burned. Each different colored section re Rule of Nines. A method for determining percentage of body burned. Each different colored section re
True-color image of layers of haze in Titan's atmosphere. True-color image of layers of haze in Titan's atmosphere.
Here's how comic book heroes are made Here's how comic book heroes are made
Stock Market Tracks Growth in GDP Stock Market Tracks Growth in GDP
Video: Summary of glucose catabolism

For a complete list of videos, visit our video library