Question: 12 12 Lecture 2 - Discussion Question In this week's lecture, I stated that one of the problems with the balance sheet was that it

 12 12 Lecture 2 - Discussion Question In this week's lecture,

12 12 Lecture 2 - Discussion Question In this week's lecture, I stated that one of the "problems" with the balance sheet was that it used book (or historical) values versus market values. Briefly discuss why you think the use of book versus market values may be a disadvantage when making financial decisions

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