Question #25
Reading: Reading 33 Real Estate Investments
PDF File: Reading 33 Real Estate Investments.pdf
Page: 11
Status: Incorrect
Correct Answer: A
Your Answer: B
Question
When calculating NAVPS, a real estate company's assets and liabilities are valued at their:
Answer Choices:
A. book value
B. liquidation value
C. market value
Explanation
All assets and liabilities of a company are taken at current market value when calculating
NAVPS. NAVPS is a superior measure of a company's net worth when compared to its book
value per share.