Phenomenon of pricing-to-market
Describe the phenomenon of pricing-to-market.
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Pricing-to-market (PTM) is concept that same securities are priced differently for various investors. Well-defined sample of the PTM is explained by the Nestle. Until 1988 Nov, foreigners were permitted to embrace the Nestle bearer shares; Residents of Swiss were only permitted to grip the registered shares.
On December 31, 20x1, the Kat Co. purchase a group of four assets for a total cost of $1,000,000. An independent appraiser assesses the fair value of each asset asfollows: Asset Fair Value Land $350,000 Building 600,000 Equipment 200,000 Fixtures 150,000 Prepare the journal entry t
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