Alice’ shares have a $200 market price, but the accountants aren’t using that price on the books yet (unless they make a separate move to “mark to market”). Accounting values are not market values. This is one of the major reasons why I have those cautionary notes about accounting conventions throughout the post.
Alice’ shares have a $200 market price, but the accountants aren’t using that price on the books yet (unless they make a separate move to “mark to market”). Accounting values are not market values. This is one of the major reasons why I have those cautionary notes about accounting conventions throughout the post.