Business
Business, 06.09.2019 20:20, LayLay9289

Eight years ago, bravo company purchased land for $170, 000. the current fair market value of the land is $421,000. the rate of general inflation experienced during the 8-year period has averaged 10% per year. at the time the land was purchased, bravo intended to hold it for 20 years. at what amount should the land be carried on bravo's books today

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Eight years ago, bravo company purchased land for $170, 000. the current fair market value of the la...

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