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.

 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 accumul

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