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Subject:  Net book value Date:  8/30/1999  2:31 AM
Author:  harrytuttle Number:  329 of 2244

I have seen net book value defined as assets minus liabilites and as total assets less intagible assets less liabilities. Which one is right? Are both used under diffeent circumstances? It seems that removeing intangible assets gives a better picture of what the stock holders can expect to receive is something goes badly wrong.
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