Clervoyantyvonne
06.05.2020 •
Business
Below is the information relative to an exchange of assets by Concord Corporation. The exchange lacks commercial substance. Old Equipment Book Value Fair Value Cash Paid Case I $458000 $517000 $90500 Case II $294500 $265000 $36800 Which of the following would be correct for Concord to record in Case Ia. $90,000 $0
b. $100,000 $10,000
c. $75,000 $(5,000)
d. $90,000 $10,000
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Ответ:
I got a 100%
Someone with analytical/research skills can assess a situation, ask the right questions of the right people, and identify key challenges and opportunities.
Explanation: