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The TNT Company has five plants nationwide that cost $300 million. The current fair value of the plants is $500 million. The plants will be
The TNT Company has five plants nationwide that cost $300 million. The current fair value of the plants is $500 million. The plants will be reported as assets at?
A. $300 million.
B. $200 million.
C. $500 million.
D. $800 million.
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