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Business, 28.01.2020 03:31 madisyn13

On july 6, zonker company acquired the plant assets of doonesbury company, which had discontinued operations. the appraised value of the property is:

land $ 400,000 buildings 1,200,000 equipment 800,000 total $2,400,000

zonker company gave 12,500 shares of its $100 par value common stock in exchange. the stock had a market price of $168 per share on the date of the purchase of the property.

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On july 6, zonker company acquired the plant assets of doonesbury company, which had discontinued op...
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