Value is determined in the market, not on a balance sheet.

Name: Value is determined in the market, not on a balance sheet.
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Question

Quizplus · Accepted Answer

The value of a company or its assets is determined by the market demand and supply, rather than what is portrayed on a balance sheet. The market considers variables such as industry trends, competition, economic conditions, and other external factors while determining the value of a company or its assets.

Value Is Determined in the Market, Not on a Balance