Difference between revisions of "Book value"
| (2 intermediate revisions by the same user not shown) | |||
| Line 7: | Line 7: | ||
According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | ||
:[[Book value]]. The original cost minus accumulated depreciation of an asset. | :[[Book value]]. The original cost minus accumulated depreciation of an asset. | ||
| + | According to the [[Strategic Management by David and David (15th edition)]], | ||
| + | :[[Book value]]. Number of shares outstanding times stock price. | ||
==Related concepts== | ==Related concepts== | ||
| − | + | *[[Bookkeeping]]. Recording, filing, and retrieving of [[financial data]], as well as producing those [[financial report]]s that are required by laws. | |
==Related lectures== | ==Related lectures== | ||
*[[Bookkeeping Quarter]]. | *[[Bookkeeping Quarter]]. | ||
| − | [[Category: Septem Artes Administrativi]][[Category: Articles]][[Category: Accounting]] | + | [[Category: Septem Artes Administrativi]][[Category: Articles]][[Category: Accounting]][[Category: Strategic Management]] |
Latest revision as of 20:47, 15 July 2020
Book value (hereinafter, the Value) is cost of equipment less accumulated depreciation. The Value can also refer to the carrying value of bonds.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Book value. Cost of equipment less accumulated depreciation.
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Book value. The original cost minus accumulated depreciation of an asset.
According to the Strategic Management by David and David (15th edition),
- Book value. Number of shares outstanding times stock price.
Related concepts
- Bookkeeping. Recording, filing, and retrieving of financial data, as well as producing those financial reports that are required by laws.
