For investors, it‟s what you paid for an investment. For companies, it‟s the true value of everything that it owns. If the company had to close its doors and sell everything, the book value is the amount that shareholders would get.
For investors, it‟s what you paid for an investment. For companies, it‟s the true value of everything that it owns. If the company had to close its doors and sell everything, the book value is the amount that shareholders would get.