_____ Is the Net Cash (Selling Price Less Selling Costs)

Multiple Choice

_____ is the net cash (selling price less selling costs) that the firm would receive if it sold the asset today, in orderly fashion in an arm's-length transaction. It is an example of an exit value, because it reflects a price that the firm would receive in a transaction in which an asset leaves the firm.

A) Current Replacement Cost
B) Net Realizable Value
C) Fair Value
D) Present Value of Future Net Cash Flows
E) Acquisition cost