Solved: Would the book value of microsoft corporations fixed assets, Accounting Basics

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Would the book value of microsoft corporations fixed assets

1. In a recent balance sheet, Microsoft Corporation reported Property, Plant, and Equipment of $7,223 million and Accumulated Depreciation of $4,179 million.

(a) What was the book value of the fixed assets?

(b) Would the book value of Microsoft Corporation's fixed assets normally approximate their fair market values?

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Accounting Basics: Would the book value of microsoft corporations fixed assets

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