True actually because look in your text books !!
Answer:
$150,150
Explanation:
Total fair value of all assets:
= Land + Building + Paddleboats
= $67,200 + $158,400 + $254,400
= $480,000
Building accounted for:
= Fair value of building ÷ Total fair value
= $158,400 ÷ $480,000
= 33%
Therefore, the building is 33% of the total fair value of assets.
Cost of acquisition of assets:
= Amount paid + Closing cost to buy out a competitor
= 450,000 + 5,000
= $455,000
Cost to be allocated to the building:
= Cost of acquisition of assets × Percent share in total fair value
= $455,000 × 33%
= $150,150
Answer:
Common Stock
Explanation:
common stock is a security that represents ownership in a corporation. Holders of common stock elect the board of directors and vote on corporate policies. this form of equity ownership typically yields higher rates of return long term.
Answer: Conflicting information is considered fraud and may result in prosecution
important correspondence may be missed
It is illegal to list anyone else's address,
