nolimitsteve9274 nolimitsteve9274
  • 21-11-2022
  • Business
contestada

sam co. and apple co. have an exchange with no commercial substance. the asset given up by sam co. has a book value of $75,000 and a fair value of $90,000. the asset given up by apple co. has a book value of $120,000 and a fair value of $118,000. boot of $24,000 is received by apple co. what amount should sam co. record for the asset received?

Respuesta :

Otras preguntas

Please someone help me, youvmust find the value of: ​
A man is twice as old as his son. five years ago, their ages was 9:4 .find the sons present ​
2a – 6 (a – 4) = -4 Can I solve this?
Below tell me everything you know about a square's diagonals, angles, and segment lengths.
Write an equation for the following scenario. The sum of 2 times a number and 8 is equal to 3 less than that number.
12b + 9 = 12b + 11 what’s the answer
What were disadvantages of farming in Great Plains In 1800s
When Occupational Safety and Health Act inspectors discover a hazard in which illness or injury incurred is unlikely to cause death or serious physical harm, bu
A product line is a group of products that are physically similar or are intended for a similar market. What is the best example of a product line?
write a brief note on gravitational force​