Examlex
Write the word or phrase that best completes each statement or answers the question.
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Book Value
The net value of a company's assets found on its balance sheet, often compared to its market value.
Extraordinary Item
An unusual and infrequent gain or loss that is reported separately in a company's financial statements to give a clearer picture of its regular income.
Operating Assets
Assets that are used by a business in its daily or regular operations to generate revenue, including cash, inventory, and property, plant, and equipment.
Nonmonetary Asset
Assets that are not convertible directly into a fixed amount of money and do not have a stated monetary value, such as property, equipment, and intellectual property.
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