Book value (or Net book value) refers to:A.the length of an assets life when it is issued.B. the statement of a firms financial position at one point intime including its assets and the claims on those assets bycreditors (liabilities) and owners (stockholders equity).C. the price for which something could be bought or sold in areasonable length of time where reasonable length of time isdefined in terms of the items liquidity.D. the net amount shown in the accounting statements