Debby owns a machine which an expert valuer has estimated is worth $750 000 if sold...

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Debby owns a machine which an expert valuer has estimated is worth $750 000 if sold in an orderly sale. Debby would be required to cover the estimated $20 000 to remove the machine and transport it to the buyer. This is a vital machine in the production line of Debby so would lead to the need to reorganise the business. The reorganisation is estimated to cost $40 000. The fee charged by the expert valuer was $5 000. In accordance with IAS 36 what is the fair value less cost of disposal of the machine? Select one: O a. $730 000 O b. $690 000 О с. $685 000 d. $725 000 Debby owns a machine which an expert valuer has estimated is worth $750 000 if sold in an orderly sale. Debby would be required to cover the estimated $20 000 to remove the machine and transport it to the buyer. This is a vital machine in the production line of Debby so would lead to the need to reorganise the business. The reorganisation is estimated to cost $40 000. The fee charged by the expert valuer was $5 000. In accordance with IAS 36 what is the fair value less cost of disposal of the machine? Select one: O a. $730 000 O b. $690 000 О с. $685 000 d. $725 000

Answer rating: 100% (QA)

d 725000 REASON Calculatlon of Falr Value less Co... View the full answer