Business
Business, 04.10.2019 22:20, Yellowjacket3166

Suppose a company purchased land and a building for $20,000,000 cash. the appraised value of the building was $17,000,000, and the land was appraised at $8,000,000. *note: for calculations, round to nearest whole percentage before calculating the allocation of the purchase price (i. e., if percentage calculates out to be 0.249, then round up to 25%)* what dollar amount of the purchase price will be allocated to the land account?

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Suppose a company purchased land and a building for $20,000,000 cash. the appraised value of the bui...

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