Question: For a recent year, Barnes & Noble Inc. reported Property, Plant, and Equipment of $2,400,685,000 and Accumulated Depreciation of $1,576,052,000. a. What was the book

For a recent year, Barnes & Noble Inc. reported Property, Plant, and Equipment of $2,400,685,000 and Accumulated Depreciation of $1,576,052,000.
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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