For a recent year, Barnes & Noble Inc. (BKS) reported (in thousands) Property and Equipment of $2,682,981

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For a recent year, Barnes & Noble Inc. (BKS) reported (in thousands) Property and Equipment of $2,682,981 and Accumulated Depreciation of $2,406,859.

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?

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Survey Of Accounting

ISBN: 9780357132593

9th Edition

Authors: Carl S. Warren, Amanda Farmer

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Question Posted: Sep 25, 2020 05:51 AM

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For a recent year, Barnes & Noble Inc. (BKS) reported (in thousands) Property and Equipment of $2,682,981

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a 276122 2682981 2406859 b No Depreciation is an alloc...View the full answer

Survey Of Accounting

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