This is the value of an asset as it appears on a balance sheet. It is calculated by subtracting the accumulated depreciation from the cost. Anything can possess a book value–corporations, coins, automobiles, rare books, and various collectibles. Book value also refers to a company’s common stock entity that appears on a balance sheet. This indicates how much a certain company would have leftover in assets should it go out of business immediately.
Book value
This is the value of an asset as it appears on a balance sheet. It is calculated by subtracting the accumulated depreciation from the cost. Anything can possess a book value–corporations, coins, automobiles, rare books, and various collectibles. Book value also refers to a company’s common stock entity that appears on a balance sheet. This indicates how much a certain company would have leftover in assets should it go out of business immediately.
