"Fair Market Value" can be defined as the highest price a ready, willing, and able buyer of an object will pay and the lowest a ready, willing, and able seller of that object will accept; granted neither the buyer nor the seller is being "forced" unjustly into the transaction. To be completely accurate, fair market value cannot be established until an object (a house, for example) is actually sold.
what does expected outcome mean for a science fair
Any test administered at a fair, such as a County or State fair can be described as a Fair Test.
the results
experiment means
it means to describe what you did
Assuming the faces are numbered 1 to 12, and the die is fair, the mean value is 6.5
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
No.
Accountants most often refer to current costs as fair value.
Historical cost and fair value are opposite effects. Historical cost, also known as historical value, is what an item is worth due to its age. Fair value is what the actual value of said item is.
A fair value of gold depends on the currency and a fair price can only be estimated at an exact time of purchase. Therefore fair values can range considerably.
same
FAIR MARKET VALUE ABOUT $2-$3 . fAIR RETAIL ABOUT $5
I think you mean 1858. Please see the link below
No, equal does not mean fair even though it may be fair.
$80,000
I think you mean "Mark to Market" which is an accounting technique in which assets are valued at their current market value and not a previous value or future value. Mark to Market is also known as "Fair Value" accounting.