FA 9 2 Long-lived Assets-Buy & Lump-sum Purchase
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thanks, it really helps me!
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well, she first bought the three assets together for the price of 1,500,000. Then she got an appraisal who says that these three items in fact have a value of 2,000,000 now. In other words, if she wanted to sell those three assets that she bought, she would sell them for 2,000,000. The appraisal specifically says that the building worth 1,000,000. which is 50% of the 2,000,000 and then she figured out what is 50% out of 1,500,000 equals, and there you go 750,000.
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how did she get those figures/ my math stinks
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great great great video. Thank you :)
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patalon... residual salvage value of the asset the estimated selling value of the asset when the asset is fully depreciated.. haiy nakuh...
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thank you soooooooooo much susan
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residual value is the salvage value of assets once their usefull life is expired. not the down payment on a note.
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susan crosson is angel
romeorichie 2 years ago 8
You are a ROCKSTAR!!!
I LOVE YOU!!!
fznjoiao 1 year ago 5