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Question: Analyze the long term assets on the balance sheet.

Use books-a-million's 2009 annual report to answer the following questions.

1. What types of depreciable assets does books-a-million have? What method is used to depreciate these assets?

2. Does books-a-million have intangible assets? How do they account for them?

3. What can you tell about the age/condition of books-a-million's property and equipment?

4. Is the company making good use of its assets? How can you evaluate this?

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92757551

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