Mega corp. Bougt a realestate, land and machinery at a aution that belonged to a competitor that went under. Sale price (on sale) was 75000000. The real estate profit, land and machinery was bought at that pric Fixing and installation costs at Mega corp. were 7500000 to get everything up and running. Estimated fixed cost market value that Mega

Mega corp. Bougt a realestate, land and machinery at a aution that belonged to a competitor that went under. Sale price (on sale) was 75000000. The real estate profit, land and machinery was bought at that pric Fixing and installation costs at Mega corp. were 7500000 to get everything up and running. Estimated fixed cost market value that Mega

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Kindly answer the no. 4 question. Thank you
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Provide Answer with calculation and explanation
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