The book value of an asset is equal to the


Asked by admin @ in Business viewed by 311 People


The book value of an asset is equal to the A. asset's fair value less its historical cost. B. blue book value relied on by secondary markets. C. replacement cost of the asset. D. asset's cost less accumulated depreciation.

Answered by admin @



Hello! The answer to your question would be as followed:

The book value of an asset is equal to the D. asset's cost less accumulated depreciation.


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