On a recent balance sheet, Microsoft Corporation (MSFT) reported Property, Plant, and Equipment of $71,807 million and

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On a recent balance sheet, Microsoft Corporation (MSFT) reported Property, Plant, and Equipment of $71,807 million and Accumulated Depreciation of $35,330 million.
a. What was the book value of the fixed assets?
b. Would the book value of Microsoft’s fixed assets normally approximate their fair market values?

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Corporate Financial Accounting

ISBN: 978-0357510384

16th Edition

Authors: Carl S Warren, Jeff Jones

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