Since we needed a distraction to save us from falling asleep in our Managerial Accounting Class, our smiles and a camera served us our coffee to keep us awake.
Modified Book Value
An asset-based method of determining how much a business is worth by adjusting the value of its assets and liabilities according to their fair market value. This technique also considers the value of all of the business’ intangible assets such as goodwill and liabilities of litigation
Another Full of Math Saturday. Another torture day.