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Book value is the value of asset shown in financial statements while fair value is the value at which asset can be sold in market

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11y ago

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Fair value through profit and loss?

Establishing the value of liabilities and assets on a balance sheet is known as fair value. It is a valuation method that is commonly used to find value of financial instruments.


What is the property tax rate in British Columbia?

Property Transfer Tax RatesThe amount of tax due depends on the fair market value of the property that is transferred:If the fair market value is $200,000 or less, the tax is 1% of the fairmarketvalue.If the fair market value is greater than $200,000, the tax is 1% of the fairmarket value up to $200,000, plus 2% on the portion of the fair market value that is greater than $200,000.For example:if fair market value of property is $150,000tax payable is: 1% of $150,000 = $1,500if fair market value of property is $250,000 tax payable is: 1% of $200,000 = $2,000 plus 2% of $50,000 = $1,000 for total tax payable of $3,000


What are non diluted equity shares?

..is the fair value.


When common stock is issued in exchange for an asset that is not cash the transaction should be recorded at?

When common stock is issued in exchange for an asset that is not cash, the transaction should be recorded at the fair market value of the asset received or the fair value of the stock issued, whichever is more clearly evident. If the fair value of both the stock and the asset can be determined, the transaction is typically recorded using the fair value of the asset. This ensures that the financial statements reflect an accurate representation of the value exchanged in the transaction.


Is Book value of common stock the same as the market value?

No. To get book value per share, you would divide book value by shares outstanding. Market value is whatever the current rate is on the stock exchange.

Related Questions

Difference between book value and fair value in accounting?

Book value of asset is the value of asset shown in books of accounts while fair value of asset is the current price at which that product is selling or sellable in market.


What is the value of the 1893 worlds fair shakespeare boiled down book?

It is impossible to guess the value of any book without knowing its condition.


Is book value an estimate of an asset's fair market value?

Not necessarily. Book value is the basis of the item less accumulated depreciation. Book value is rarely the actual cash value of an item, any item. Book value has to do with accounting and taxes, not sales price or actual cash value.


How can you determine the fair market value of a used bucket truck?

You can look on the internet to find the fair market value for trucks and other vehicles. You can also pick up a book listing the Fair market value in a store. Usually these are free.


Can I go to an online real estate school with just a GED?

S&P futures vs fair value: -29.50. Nasdaq futures vs fair value: -46.00. Trade in Europe has soured since the prior session, when many of the region's major bourses bounced for gains greater than 2%. Today, though, concerns about financial.


Where can I find the blue book value for my car online?

you can find fair prices for blue book value for use cars at official Kelly blue book you will get new and use values prices I hope that helps out with what you are looking for.


Value of 1982 20bore browning in fair condition?

What model is it? Recommend looking at the Blue Book of firearms


Where can I compare used car values online?

To check the value of your car and to compare it to others I recommend using Kelly blue book as it offers a fair value and it takes into account all aspects of the car for a fair appraisal.


What is the largest book fair in the world?

frankfurt book fair


How is motorcycle fair market value determined?

Like all vehicles, motorcycle fair market value is comprised of the condition of the bike, the area of the country, and of course, what the market will bear. A good general guideline is the NADA blue book.


What is the book sixty five by vs reid about?

It is about how Deacon Bogle and his men had to fight for equal rights with the whites and the struggles they had to go through just to get a fair treatment.


Fair Market Value of a 200235th Edition Chevrolet Camaro in good condition?

Look on kelley blue book .com.