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Question 3

You want to list your flat screen on your balance sheet using its market value. Which website would best be used to find its market value?

A. www.bestbuy.com
B. www.walmart.com
C. www.officedepot.com
D. www.ebay.com

Answer :

Final answer:

The best website to find the market value of your flat screen for your balance sheet is eBay, as it reflects real-time sales and bidding. Unlike other retail websites, eBay allows for a more accurate assessment of market value through various listings. Real sales data from eBay can provide insights into the price range of your item.


Explanation:

Finding the Market Value of Your Flat Screen

To list your flat screen on your balance sheet using its market value, it's crucial to find the most accurate and relevant information. Among the options provided, www.ebay.com is the best site to determine its market value. eBay is known for its extensive marketplace where prices can fluctuate based on demand, making it a reliable source for assessing the current market value of electronic items like flat screens.

Unlike sites such as www.bestbuy.com, www.walmart.com, or www.officedepot.com, which primarily focus on retail prices, eBay reflects actual sales transactions. This means you can see what similar items have sold for recently, providing a more realistic estimate of your flat screen's value.

Why eBay is Effective

  • eBay's auction format allows you to see real-time bidding and pricing.
  • It provides a variety of listings for similar products, showing the range of prices.
  • Historical sales data on eBay helps gauge price trends.

Learn more about market value here:

https://brainly.com/question/41458465


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