It hasn't done so yet; the fund itself values its assets at about the same level as a year ago.

Various industry experts valued the company's total assets at well over $1 billion.

You will need to take this into account when valuing such assets.

For too long, many companies have followed a similar principle when valuing their assets.

The company valued its assets at $1.4 billion at the end of June.

But why do we value a firm in terms of its liabilities rather than its assets?

In effect, he said, the agency's staff is questioning whether Towers has accurately valued its assets.

The Commerce Department generally values assets at their purchase price.

A ratio devised by a Yale economist that values assets suggests it is.

That was the same amount they reported last year but substantially greater than in 2003, when reports valued their assets at a minimum of $2 million.