NACVA Exam CVA Topic 1 Question 17 Discussion

Actual exam question for NACVA's CVA exam

Question #: 17
Topic #: 1

There is no universally accepted conclusion as to what accounts should be ''netted out'' in the estimation of net tangible asset value. For example, various analysts have interpreted net tangible assets to mean any one of the following EXCEPT:

AGross assets net of accumulated depreciation

BNet current value of the financial assets and the tangible assets less current liabilities only

CNet current value of the financial assets and the tangible assets minus all liabilities

DProbable future earnings

Show Suggested Answer

Suggested Answer: D

by Lilli at May 05, 2022, 08:15 AM

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