nagyhableany4850 nagyhableany4850
  • 20-04-2022
  • Business
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In the case of a basket purchase, the cost of the land and building is ______.

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Tundexi
Tundexi Tundexi
  • 25-04-2022

The cost of the land & building is split among the assets purchased in proportion to the market value of the assets as a whole in the case of a basket purchase

What is a basket purchase?

It is called a lump sum acquisition because its involves the purchase of many assets as a group.

In this purchase, when an investor purchases an assets, it means the the investor is able to buy many assets as one group in a single transaction,

Read more about basket purchase

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