How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Ellen Your Own Question
Ellen, Lawyer
Category: Homework
Satisfied Customers: 36714
Experience:  Lawyer, Accountant and Researcher
Type Your Homework Question Here...
Ellen is online now
A new question is answered every 9 seconds

Market value is important to the financial manager because:

This answer was rated:

Market value is important to the financial manager because:

It reflects the value of the asset based on generally-accepted accounting principles.
Is a crucial component of the balance sheet, and can impact the financial statements.
Market values reflect the amount someone is willing to pay today for an asset. The market value of an asset reflects its historical cost.

You need to spend $3 to view this post. Add Funds to your account and buy credits.
Ellen and 2 other Homework Specialists are ready to help you

Related Homework Questions