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Q: How is fair value determined in acquisition?
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Are the cost and fair market value of an asset the same at the time of acquisition and in all subsequent periods?

Yes


How is the fair market value determined for a specific item or asset?

The fair market value of a specific item or asset is determined by considering factors such as the item's condition, demand, comparable sales, and other market conditions. This value represents the price that a willing buyer and seller would agree upon in a fair and open market transaction.


How is fair market value determined, and why is it based solely on the price of similar homes in the area?

Fair market value is determined by analyzing the prices of similar homes in the same area. This approach is used because it reflects the current market conditions and ensures a fair and accurate valuation based on real-world comparisons.


What is fair acquistion?

A fair acquisition is an acquisition that is a good deal for all the parties involved. It has to make money for the purchaser and not rob the seller of making a decent profit.


How is motorcycle fair market value determined?

Like all vehicles, motorcycle fair market value is comprised of the condition of the bike, the area of the country, and of course, what the market will bear. A good general guideline is the NADA blue book.


What is the Value of a crosman AIR 17?

The Crosman AIR-17 was made between 1985-90. Value is determined by the condition of the rifle. To get an estimate of value I need to know Is it still working? What condition is the rifles in? Is it Excellent, Very good, Good, Fair or Poor condition. Without this information No Value can be determined. Re-post your question with this information and I will try to set a value.


What is the value of a good or service is determined by?

Value is determined by the demand and the supply


How is the valuation of donated goods determined for tax purposes?

The valuation of donated goods for tax purposes is typically determined based on the fair market value of the items at the time of donation. This value is usually assessed by considering the condition of the goods, their age, and comparable prices for similar items in the market.


How does the fair value and equity methods of accounting for investments in stocks subsequent to acquisition differ?

Under the fair value method, investments are originally recorded at cost and are reported at fair value. Dividends are reported as other revenues and gains. Under the equity method, investments are originally recorded at cost. Subsequently, the investment account is adjusted for the investor's share of the investee's net income or loss and this amount is recognized in the income of the investor. Dividends received from the investee are reductions in the investment account.


What is the value of a Benjamin 700 air rifle made in 1939?

The Value of the rifle is determined by the current condition that its in and if it is still working. You will have to give more information is it in Excellent, Very Good, Good, Fair or Poor condition.


In order to use simplified acquisition procedures sap the aggregate value of the acquisition and all its options cannot exceed the simplified acquisition threshold except for some commercial items?

True


What is Book value vs fair value?

Book value is the value of asset shown in financial statements while fair value is the value at which asset can be sold in market