Property is assessed for $250,000 which is 90% of market value. What is market value?

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Accounting for Governmental and Nonprofit Entities

ISBN: 978-0078110931

16th Edition

Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus

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Posted Date: Mar 07, 2024 03:57 AM

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Property is assessed for $250,000 which is 90% of market value. What is market value?

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Since the assessed value represents 90 of the market value we can use the foll... View the full answer

Accounting for Governmental and Nonprofit Entities

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