The reason a company uses the "Market Value" for assets of greater value is they get a larger Depreciation write off, the assets are valued at what they are actually worth, and the cost for selling the asset is far less.
You have got to be joking. Assets are ALWAYS on the books for acquisition costs less accumulated depreciation. Show me 1 reporting company that values their non cash assets at market value. You can find that in any 10-k .. you will usually find this, Property, Plant and Equipment, Net
Property, plant and equipment are stated at cost. Depreciation and amortization are computed using the straight-line method based on the estimated useful lives of the assets except for land as follows:
This was taken from the 10-k of symm.
