12 Chico Company pold $510.000 for a basket purchase thot included office furniture, a building...
70.2K
Verified Solution
Link Copied!
Question
Accounting
12 Chico Company pold $510.000 for a basket purchase thot included office furniture, a building and land. An appraiser provided the following estimates of the market values of the assets if they had been purchased separately, once furniture, $115,000, Building, 5410.000, and Land, $85.000. Based on this Information, what is the cost that should be allocated to the office furniture? (Round your intermediate percentages to two decimal places: Le 0.1589 16%) Murine Choice 596135 $175.000 $137549 $7060
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.