Business, 16.12.2020 17:00 dogeking12
A company receives a two-year, zero-interest-bearing note with a face value of $200,000 from another company in exchange for property that has a fair value of $140,000 and a book value of$115,000.What is the net value of notes receivable?
a. $85,000
b. $115,000
c. $140,000
d. $200,000
Answers: 3
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A company receives a two-year, zero-interest-bearing note with a face value of $200,000 from another...
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