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cite the exact codification guidance: Through a business combination, a company acquires a 2-acre grass field that is currently used to grow corn. The company
cite the exact codification guidance: Through a business combination, a company acquires a 2-acre grass field that is currently used to grow corn. The company understands that other companies might use the field as a parking lot. In estimating the fair value of the land, which use should be considered? Describe the fair value measurement principle that you would consider in evaluating this issue
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