Explain the rational of using market based approach
Are you able to write about 400 to setting the price for apple products using a market based approach and explain the rational of using this market based approach?
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On December 31, 2008, Rory Corp. acquired an 18% interest in Batson Corp. for $100,000 and appropriately applied the cost method. During 2009, Batson had net income of $200,000 and paid cash dividends of $50,000.
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