Calculate Net Book Value Using Accumulated Amortization
He has extensive experience in wealth management, investments and portfolio management.
Thus, the original cost of an asset may include such items as the purchase price of the asset, sales taxes, delivery charges, customs duties, and setup costs.
It also assists business leaders in making budgeting decisions, particularly for capital expenditures.
Therefore, the net book value of an asset can have a considerable impact on a company’s overall financial standing, and hence its attractiveness to both current and potential investors.
It affects the company valuation, provides a foundation for price consideration, serves as a negotiation point, and acts as an indicator of the financial health and stability of a company.
Accounts Payable Essentials: From Invoice Processing to Payment
