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ASSET HELD FOR SALE

This topic has 1 reply, 2 voices, and was last updated 7 years ago by MikeLittle.

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May 5, 2018 at 9:13 am #450184
annamalai27
Member
- Topics: 29
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Can a company sell its asset which is in good condition but because the sale value of the asset in current price terms outweighs the probable future economic benefits from its continued use?
May 5, 2018 at 9:49 am #450201
MikeLittle
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- Topics: 27
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A company can sell its assets at any time it wishes – whatever the relationship between market value, replacement cost, written down value, value in use …
If the management of a company wishes to sell an asset, then what is there to prevent it?
OK?
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