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Safari Edit Vie Mon 12:49 Dalton Holliman Q E connect Survey of Accounting Fall 2018: Survey of ara Bynum nting Fa CH 6 HWK F18
Safari Edit Vie Mon 12:49 Dalton Holliman Q E connect Survey of Accounting Fall 2018: Survey of ara Bynum nting Fa CH 6 HWK F18 ructions Ihelp Question 4 (of 8) 2.00 points colege campus has an RO of 19% becase its relatively large voume of business generates an ate* n ton you at, exped a 14% ROU Assume that fast-food restaurants average turnoversales assets). The replacement value of he restaurants plant and equipment is S204000 if you were to invest that amour Required a-1. Would you be willing to pay more than $202,000 for the restaurant near the campus? generaly prode an RO 01 14%, but that such a restaurant near a a restaurant elsewhre a-2. What is the maximum price you would be willing to pay for the business? (Do not round intermediate calculations) b. itf you purchased the restaurant near the campus for $274,143 and the fair value of the assets you acquired was $202,000, identify the account along with its balance, that is used to record the additional amount paid over the fair value of the assets
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