Princeton company acquired 75 percent of the common stock of sheffield corporation on december 31, 20x9. on the date of acquisition, princeton held land with a book value of $150,000 and a fair value of $300,000; sheffield held land with a book value of $500,000 and fair value of $500,000. at what amount would land be reported in a consolidated balance sheet prepared immediately after the combination?

I'm pretty sure it's true

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan

Is this supposed to be a question or a protest