What Does the Carrying Value of Tangible Capital Assets Represent

question 1

Multiple Choice

What does the carrying value of tangible capital assets represent to government?

• A)Source of future cash flows from the capital assets
• B)Tax value of the capital assets
• C)Acquisition cost of Crown assets
• D)Unexpired service potential of the capital assets

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Definitions:

Sells

Transactions in which an asset is transferred from the seller to a buyer for a certain price.

Market Rate

The prevailing interest rate available in the marketplace for securities or loans.

Annual Dividend

The total dividend payments a company makes to its shareholders in one year.

Increase Annually

A repeated growth or rise in value or amount each year.