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The raw land that a real estate developer purchased and later on decides to resell to another developer is classified as _________ and is subject
The raw land that a real estate developer purchased and later on decides to resell to another developer is classified as _________ and is subject to ___________. a. Ordinary Asset, 6% VAT b. Ordinary Asset, 12% VAT c. Capital Asset, 12% VAT d. Capital Asset, 6% CGT
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Fundamentals of Corporate Finance
Authors: Richard Brealey, Stewart Myers, Alan Marcus
8th edition
77861620, 978-0077861629
