Book value (or Net book value) refers to:
A. the length of an asset’s life when it is issued.
B. the statement of a firm’s financial position at one point in time, including its assets and the claims on those assets by creditors (liabilities) and owners (stockholders’ equity).
C. the price for which something could be bought or sold in a reasonable length of time, where “reasonable length of time” is defined in terms of the item’s liquidity.
D. the net amount shown in the accounting statements.
A. the length of an asset’s life when it is issued.
B. the statement of a firm’s financial position at one point in time, including its assets and the claims on those assets by creditors (liabilities) and owners (stockholders’ equity).
C. the price for which something could be bought or sold in a reasonable length of time, where “reasonable length of time” is defined in terms of the item’s liquidity.
D. the net amount shown in the accounting statements.
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