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What was the book value of the fixed assets

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Reference no: EM132748367

Problem - In a recent balance sheet, Microsoft Corporation (MSFT) reported Property, Plant, and Equipment of $38,156 million and Accumulated Depreciation of $19,800 million.

Required -

a. What was the book value of the fixed assets?

b. Would the book value of Microsoft's fixed assets normally approximate their fair market values?

Reference no: EM132748367

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