The installed cost of an asset minus its accumulated depreciation is known as Net book value.
Net book value, also known as net asset value, is the value at which a company reports its assets on its balance sheet. They are calculated as the cost of an asset less accumulated depreciation, accumulated depreciation, accumulated depreciation, or accumulated depreciation.
Assets minus liabilities equals the fund's assets (also called net worth). An asset is either something held in cash or something that can be sold or collected and converted into cash. B. Equipment or Claims. A liability is something you owe, such as payment (debt) to a seller or a mortgage on a building.
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