Question

If you were a manager at a coal mine which method would you prefer? (Fair value...

If you were a manager at a coal mine which method would you prefer? (Fair value or Book value)

Why?

0 0
Add a comment Improve this question Transcribed image text
Answer #1

It is preferable to go with Fair value or Net realisable value which ever is lower even the standards on accounting say the same to value the coal mine with FV OR NRV

Reason :- its appropriate to value coal mine value with fair value because there are many reason which effect the Price from time to time.

Add a comment
Know the answer?
Add Answer to:
If you were a manager at a coal mine which method would you prefer? (Fair value...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT