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What was the book value of the fixed assets

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Reference no: EM132710739

Problem - Book value of fixed assets - For a recent year, Barnes & Noble Inc. (BKS) reported (in thousands) Property and Equipment of $3,076,299 and Accumulated Depreciation of $2,627,007.

Required -

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

b. Would the book values of Barnes & Noble's fixed assets normally approximate their fair market values?

Reference no: EM132710739

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