What was the book value of the fixed assets

Assignment Help Financial Accounting

Reference no: EM13753048

Book Value of Fixed Assets

In a recent balance sheet, Microsoft Corporation reported Property, Plant, and Equipment of $742,670 and Accumulated Depreciation of $430,700.

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? Choose "yes" or "no".

Reference no: EM13753048

Questions Cloud

What was it like to live during world war two : What was it like to live during World War two?

When was the moorish conquest in spain : When was the Moorish conquest in Spain?

Decrease the overall total it budget : An increase in spending on items related to hardware, software, and outside IT support services by 4 percent and A decrease the overall total IT budget by 2 percent compared to the original total budget

Capitalist corporate reformer : Recently, the Economic Policy Institute reported that CEO compensation grew more than 725 percent during 1978-2011, substantially more than annual compensation of a typical worker, which grew less than 6 percent over the period.

What was the book value of the fixed assets : In a recent balance sheet, Microsoft Corporation reported Property, Plant, and Equipment of $742,670 and Accumulated Depreciation of $430,700. What was the book value of the fixed assets?

What are three reasons for european overseas exploration : What are three reasons for European overseas exploration? As more countries tried to expand overseas, did these motives change? Or, more directly, which motive was exploited the most?

Cost concept : On February 7, AAA Repair Service extended an offer of $99,000 for land that had been priced for sale at $113,000. On February 21, AAA Repair Service accepted the seller's counteroffer of $108,000. On April 30, the land was assessed at a value of $16..

Careful research analysis and personal insight : Compose your thoughts with careful research, analysis, and personal insight. Your commentary will become mind-opening as you demonstrate critical thinking about your topic. Use visual and precise language, seeking to make connections between ideas an..

What are your thoughts about conducting therapy : What are your thoughts about conducting therapy via the internet, How would you approach a student who either tried to friend you on Facebook, text with you or wanted to tweet with you on Twitter

User Account

All Pages