17 The book value of a tangible operating asset is the a Acq
17, The book value of a tangible operating asset is the a. Acquisition cost. b. Current estimated market value c. Acquisition cost minus the balance in accumulated depreciation. d. Total depreciation that has been recorded for the asset to date e. Future value of cash flows.
Solution
Book value= Acquisition cost-Depreciation till date i.e. accumulated depreciation
Thus,correct option is C.
