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Required information [The following information applies to the questions displayed below] Three different companies each purc

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Answer #1

C1) Calculate book value

Book value
Company A 88000-(88000-6000/4*3) = 26500
Company B 88000*50%*50%*50% = 11000
Company C 88000-61008 = 26992

C2) Company C is highest book value

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