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Problem - Book Value of Fixed Assets

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Problem - Book Value of Fixed Assets

In a recent balance sheet, Microsoft Corporation reported Property, Plant, and Equipment of $15,082 million and Accumulated Depreciation of $7,547 million.

Required -

a. What was the book value of the fixed assets?

b. Would the book value of Microsoft Corporation's fixed assets normally approximate their fair market values?

Reference no: EM132679932

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