The market value: of fixed assets will always exceed the book value of those assets. of an asset is reflected in the balance sheet. of an asset tends to provide a better guide to the actual worth of that asset than does the book value. of accounts receivable is generally higher than the book value of those receivables.

You are a professor of economics at a university.? you've been offered the position of serving as department? head, which comes with an annual salary that is ? $5 comma 500 higher than your current salary.? however, the position will require you to work 200 additional hours per year. suppose the next best use of your time is spending it with your? family, which has value of ? $10 per hour.