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In a recent balance sheet, Microsoft Corporation (MSFT) reported Property, Plant, and Equipment of $38,156 million and Accumulated Depreciation of

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In a recent balance sheet, Microsoft Corporation (MSFT) reported Property, Plant, and Equipment of $38,156 million and Accumulated Depreciation of $19,800 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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A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...

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a 18 356 million 38 156 19 800 b No Depreciation is an …View the full answer


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Related Book For  answer-question
Forensic And Investigative Accounting

Forensic And Investigative Accounting

ISBN: 9780808056300

10th Edition

Authors: G. Stevenson Smith D. Larry Crumbley, Edmund D. Fenton

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Question Details
Chapter # 3
Section: Exercises
Problem: 20
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Question Posted: August 06, 2019 08:38:01
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