o Relative Market Value Method - Allocate part of the cost to each asset in proportion to its market value Example: A fi
Posted: Fri Jul 01, 2022 8:29 am
o Relative Market Value Method - Allocate part of the cost to each asset in proportion to its market value Example: A firm paid $100,000 on August 1 for land with a building. The appraised (market) value is $30,000 for the land and $90,000 for the building.