Question

b. Why market value is preferred over book value for precreation of financial
statements.
c. What is the concept of Intrinsic yalue (eynlain with example)​

Answer 1

Answer:

Book Value: the balance sheet value of the assets, liabilities and equity. Market Value: True value, the price at which the assets, liabilities, or equity can actually be bought or sold. Market value is usually more important because it is more up to date