Write down
July 23, 2014 | | Kris Tabetando | 0 Comment
A write down reduces the book value of an asset to a more appropriate current market value.
This is necessary when an asset has actually decreased in value faster than it has been depreciated on the company’s books.
Author: Kris Tabetando
Kris Tabetando provides mergers & acquisitions (M&A) advisory and brokerage services to Internet companies. He also partners with investors to acquire & manage Internet businesses.
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