In a recent balance sheet, Microsoft Corporation reported Property, Plant, and Equipment of $58,683 million and Accumulated
Question:
In a recent balance sheet, Microsoft Corporation reported Property, Plant, and Equipment of $58,683 million and Accumulated Depreciation of $29,223 million.
a. What was the book value of the fixed assets?
b. Would the book value of Microsoft’s fixed assets normally approximate their market values?
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a The book value of Microsoft Corporations fixed assets is 58683 ...View the full answer
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Related Book For 
Accounting
ISBN: 9781337902687
28th Edition
Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider
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