sue bought land, a building and equipment for a lump sum of $780,000. The appraised market values are as follows: land $450,000, building $400,000, and equipment $150,000. What is the cost of each asset?
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sue bought land, a building and equipment for a lump sum of $780,000. The appraised market values are as follows: land $450,000, building $400,000, and equipment $150,000. What is the cost of each asset?
My Brain...
If you aren't going to help, then don't bother responding. I asked for help because I do not understand this stuff and would like to be successful in my class. I do not know where to start with this and would like some real helpQuote:
Originally Posted by Haleigh012235
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