Explain why a business's liquidation value would be different from its going concern value. because the liquidation value includes the cost of the broker's commission, while the going concern value does not because the liquidation value contains the value of any real estate holdings, while the going concern value does not because the going concern value contains intangible, non-transferable assets like goodwill, while the liquidation value does not because the going concern value is calculated using replacement value, while the liquidation value is calculated using the cost method +
Explain why a business's liquidation value would be different from its going concern value. because the liquidation value includes the cost of the broker's commission, while the going concern value does not because the liquidation value contains the value of any real estate holdings, while the going concern value does not because the going concern value contains intangible, non-transferable assets like goodwill, while the liquidation value does not because the going concern value is calculated using replacement value, while the liquidation value is calculated using the cost method +
Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter15: Using Management And Accounting Information
Section: Chapter Questions
Problem 5DQ
Related questions
Question
![Explain why a business's liquidation value would
be different from its going concern value.
because the liquidation value includes the cost
of the broker's commission, while the going
concern value does not
because the liquidation value contains the value
of any real estate holdings, while the going
concern value does not
because the going concern value contains
intangible, non-transferable assets like goodwill,
while the liquidation value does not
because the going concern value is calculated
using replacement value, while the liquidation
value is calculated using the cost method
+](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc4e52ec2-e758-4b1b-b0ae-41fdc1c3c41c%2F6514dd9f-5b64-4666-afdd-3d7c4ac9c331%2F8i68zx_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Explain why a business's liquidation value would
be different from its going concern value.
because the liquidation value includes the cost
of the broker's commission, while the going
concern value does not
because the liquidation value contains the value
of any real estate holdings, while the going
concern value does not
because the going concern value contains
intangible, non-transferable assets like goodwill,
while the liquidation value does not
because the going concern value is calculated
using replacement value, while the liquidation
value is calculated using the cost method
+
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