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What is the most popular course offered by the SBA?
Book Value
The net value of a company's assets minus its liabilities, often used to assess its financial worth.
Market Value
The present-day selling or buying price of an asset or service in a market.
Note Payable
A financial obligation or loan documented by a written promissory note specifying the principal amount, interest rate, and maturity date.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded for an asset over its life, effectively reducing its book value.
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