The Factory And Firm - What's It Worth?

A printable version of this photos and questions is available for filling in answers.

To find out more about the way the accounts department works, why not have a look at the accounts explanation section?

1. The photo shows the Cameron Balloons factory. What sort of an asset is this known as?
2. How could you value this asset (the factory building) on the firm's balance sheet?
3. The value of a firm is much more than just the factory though. What else would you have to include?
4. The value of a firm also includes not just the assets, but also the "goodwill". What would you include as goodwill in the case of Cameron Balloons?