Business
Business, 20.12.2019 02:31, morgan4411

Steak company acquired a building valued at $170,000 for property tax purposes in exchange for 10,000 shares of its $5 par common stock. the stock is widely traded and selling for $16 per share. at what amount should the building be recorded by steak company?

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Steak company acquired a building valued at $170,000 for property tax purposes in exchange for 10,00...

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