kansas company acquired a building valued at $210,000 in exchange for 12,000 shares of its $5 par common stock. the stock is widely traded and sold for $15 per share. at what amount should the building be recorded by kansas company?

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01-12-2022
Business

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kansas company acquired a building valued at $210,000 in exchange for 12,000 shares of its $5 par common stock. the stock is widely traded and sold for $15 per share. at what amount should the building be recorded by kansas company?

Sagot :

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kansas company acquired a building valued at $210,000 in exchange for 12,000 shares of its $5 par common stock. the stock is widely traded and sold for $15 per share. at what amount should the building be recorded by kansas company?

Sagot :

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