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At what amount should CART record the building?

User IT Man
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1 Answer

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Final answer:

To accurately record a building's value, financial and accounting details such as purchase cost and expenses are needed. The provided information is metaphorical, making it difficult to offer a precise figure for the CART record of the building.

Step-by-step explanation:

To determine at what amount CART record should list the building, we need additional financial and accounting details. Typically, properties such as buildings are recorded on a company's financial statements at their purchase cost plus any related expenses necessary to make the asset ready for use. Without the specific cost details, it would be speculative to give a precise figure. However, we can infer from the given information, which is admittedly vague and metaphorical, a few possibilities: if the 'shortfall is more than a factor of 200', it might suggest that the initial valuation was significantly under the actual cost. In contrast, 'a bit farther than the record' could imply the building has been valued at a figure beyond historical records, or that it's incurring additional costs. Finally, 'about as thick as a six-story building is tall' has no clear financial implication but may symbolically represent a significant value or volume in another context.

User Sanyi
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