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Book value
BOOK VALUE

Definitions:

i. In business, the book value of an asset is the value it is given in the account books of the company that owns it.

ii. The monetary worth of an article as noted in a firm's books.
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* All six elements should be in.


1. Purposeful and necessary to have a valuation for the asset. (To emphasize, connect to #6.)

2. Professionally and correctly assessed, not an estimated figure. That is, value will be arrived at without manipulation.

3. Current and up-to-date. That is, details (= books) will be of a current financial year - not a figure that is 'historic' or projected or 'incomplete'.

4. Specific and definite, without footnotes or a conditionality. That is, value will not be subject to other variables. And figure will not be nil or zero !

5. Books would have been endorsed or will be certified by the appropriate company official(s) (to emphasize, connect to #2).

6. Figure serves purpose(s) even if company is making losses, or going into administration, or winding up.
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See perfect CREATIVE ACCOUNTING.

See perfect INSIDER TRADING.

See perfect BID PRICE.

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