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Business, 30.09.2019 04:30 Hg1533

Merritt company acquired a building valued at $210,000 for property tax purposes in exchange for 12,000 shares of its $5 par common stock. the stock is widely traded and selling for $18 per share. at what amount should the building be recorded by merritt company

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Merritt company acquired a building valued at $210,000 for property tax purposes in exchange for 12,...
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