Asset XYZ is sold in two different active markets.
In Market A, the price that would be received is $137; transaction costs are $12 and the costs to transport Asset XYZ to Market A are $3. In Market B, the price that would be received is $136; transaction costs are $12 and the costs to transport Asset XYZ to Market B are $1. Determine the fair value of asset XYZ if: a. Market A is the principal market. b. There is no principal market. Bài làm
Market A Market B
Price $ 137 $136
Transaction costs $ 12 $12 Net amount received $ 125 S 124 Transport cost $3 $1 a. Market A is the principal market FV= Price – Cost ( Transprot) = $137 - $3= $ 134 b. No principal market FV= $137