It approximates present value of what will be received through ownership of property, including profi O a. Market value O b. Salvage value O c. True value O d. Book Value

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter8: Business Organizations
Section: Chapter Questions
Problem 10AA
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It approximates present value of what will be received through ownership of property, including profit.
a. Market value
O b. Salvage value
O c. True value
O d. Book Value
Transcribed Image Text:It approximates present value of what will be received through ownership of property, including profit. a. Market value O b. Salvage value O c. True value O d. Book Value
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