Question

Both, current assets and non-current assets should be reassessed in order to determine the market value of a business. Group of answer choices True False

Answer 1

It is True, that both, current assets and non-current assets should be reassessed in order to determine the market value of a business.

What are current assets and non-current assets?

• Short-term assets, or those that can be swiftly sold and utilised for a company's urgent requirements, are known as current assets. Non-current Assets are long-term and have an operational life of over a year.
• Cash, marketable securities, inventories, and accounts receivable are a few examples of current assets. Long-term investments, real estate, PP&E, and trademarks are a few examples of noncurrent assets.
• Noncurrent assets are often valued at cost minus depreciation whereas current assets are frequently valued at market pricing.
• Profits from the sale of assets held for more than a year are subject to capital gains tax (noncurrent assets).

To view more questions on market value, refer to : brainly.com/question/15148120

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