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Rick Payne, president of Lions Company, has instructed Ken Mason, the head of the accounting department for Lions Company, to report the companys land in

Rick Payne, president of Lions Company, has instructed Ken Mason, the head of the accounting department for Lions Company, to report the companys land in the companys accounting reports at its fair value of $225,000 instead of its cost of $125,000. Payne says, Showing the land at $225,000 will make our company look like a better investment when we try to attract new investors next month

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