Assets acquired by the issuance of equity securities are valued based on:
A. Their fair market values.
B. The fair market value of the equity securities.
C. Whichever of A. or B. above is more reasonably determinable.
D. Whichever of A. or B. above is smaller.
Answer:C
Assets acquired by the issuance of equity securities are valued based on:
A. Their fair market values. B. The fair market value of the equity securities. C. Whichever of A. or B. above is more reasonably determinable. D. Whichever of A. or B. above is smaller.