plz explain meaning of book value.
1 Answer(s)
Binny
Assets - Liabilities is the Book Value. This is otherwise called as Net Worth.
This is the residual value of a company after it pays down all its liabilities using its assets. This is the value that is passed on to the shareholders.
Jul 04 2013 11:26 AM
This is the residual value of a company after it pays down all its liabilities using its assets. This is the value that is passed on to the shareholders.