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Assets acquired in a lump-sum purchase are valued based on:a. Their assessed valuation.b. Their relative fair values.c. The present value of their future cash flows.d. Their cost plus the difference between
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Assets acquired in a lump-sum purchase are valued based on:a. Their assessed valuation.b. Their relative fair values.c. The present value of their future cash flows.d. Their cost plus the difference between their cost and fair values

User Luong Ba Linh
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1 Answer

4 votes

Answer:

the correct answer is

b. Their relative fair values.

User Paillou
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