answersLogoWhite

0

What else can I help you with?

Related Questions

What are the terms depreciable value salvage value and estimated life mean?

Depreciable Value: It is the value of asset up to which any asset can be depreciated. Salvage Value: It is the value which a company can get on sale of fully depreciated asset. Estimated useful Life: It is that life of an assets which a company determine at the time of purchase for which an asset can be utilized in business to generate revenue.


Difference between book value and par value?

Book value is the value that is written into a company's books for as asset. Par value, is the face value of an asset, as it is entered into the company's charter. The difference between the two is where it is entered, and how one arrives at the figure.


What is fair value accounting?

Fair Value accounting is an accounting term that requires a company to place a value on all of the assets on its balance sheet that is the price at which the assets could be sold. This is easy to do when the asset has a quoted market price. But it is often the case that there is no liquid market for an asset, and thus the company has to make an estimate of fair value. When the marketplace is in turmoil and illiquid, as it has been for much of 2008, companies are sometimes forced to place a very low value on an asset, resulting in a substantial mark-down from the prior value. See related links for complete explanations.


What is fair value?

Fair Value accounting is an accounting term that requires a company to place a value on all of the assets on its balance sheet that is the price at which the assets could be sold. This is easy to do when the asset has a quoted market price. But it is often the case that there is no liquid market for an asset, and thus the company has to make an estimate of fair value. When the marketplace is in turmoil and illiquid, as it has been for much of 2008, companies are sometimes forced to place a very low value on an asset, resulting in a substantial mark-down from the prior value. See related links for complete explanations.


What is account value?

Fair Value accounting is an accounting term that requires a company to place a value on all of the assets on its balance sheet that is the price at which the assets could be sold. This is easy to do when the asset has a quoted market price. But it is often the case that there is no liquid market for an asset, and thus the company has to make an estimate of fair value. When the marketplace is in turmoil and illiquid, as it has been for much of 2008, companies are sometimes forced to place a very low value on an asset, resulting in a substantial mark-down from the prior value. See related links for complete explanations.


What is impairment cost?

When assets are recorded a company's balance sheet, they are valued at historical cost (what was paid for the asset), less any accumulated depreciation or amortization if applicable. This holds true even if the market value of the asset is considerably more than what the company paid for it. However, if the market value of a company's assets drops significantly below the asset's historical cost, then it sometimes becomes necessary to revalue the asset at the lower market value. This revaluation is called impairment. When it is appropriate to impair an asset depends on the type of asset in question. The difference between the current book value of the asset, and the value of the asset after impairment, is your impairment expense (cost).


Is goodwill a tangible asset?

goodwill must be treated as tangible asset because it holds great value for the company. but analysts treat as an intangible asset .


Is goodwill tangible asset?

goodwill must be treated as tangible asset because it holds great value for the company. but analysts treat as an intangible asset .


What is the difference between book value and equity in financial accounting?

Book value in financial accounting refers to the value of an asset as recorded on a company's balance sheet, which is calculated by subtracting accumulated depreciation from the original cost of the asset. Equity, on the other hand, represents the ownership interest in a company's assets after deducting its liabilities. In simple terms, book value is the value of an individual asset, while equity is the overall value of a company's ownership stake.


When determining the value of a fixed Asset and a rebate was given do you reduce the value of the the fixed asset or book at a true cost?

If the company are using cost basis to value their assets then the rebate will reduce the cost.


Is book value reported on the balance sheet?

Yes book value of any asset is the value which is shown in balance sheet of company while market value is not shown anywhere it is the price which any asset is saleable in market.


What is net asset per share?

This is the same thing as book value per share. Net asset value is Total Assets - Total Liabilities. You take this number and divide it by the shares outstanding in the company, and you get net asset per share. Example: AT&T Total Assets: 1000 Total Liabilities: 500 Net asset value: 500 Shares outstanding:100 Net Asset per share: $5