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  • Accounting Question

    If I establish fair market value of item A at $1,000, and fair market value of items A and B together at $1,500, can I claim $500 as item B's fair market value?
    THEY!!111 OMG WTF LOL LET DA NOMADS AND TEH S3D3NTARY PEOPLA BOTH MAEK BITER AXP3REINCES
    AND TEH GRAAT SINS OF THERE [DOCTRINAL] INOVATIONS BQU3ATH3D SMAL
    AND!!1!11!!! LOL JUST IN CAES A DISPUTANT CALS U 2 DISPUT3 ABOUT THEYRE CLAMES
    DO NOT THAN DISPUT3 ON THEM 3XCAPT BY WAY OF AN 3XTARNAL DISPUTA!!!!11!! WTF

  • #2
    IMHO, anything else would be sheer madness!

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    • #3
      Re: Accounting Question

      Originally posted by LordShiva
      If I establish fair market value of item A at $1,000, and fair market value of items A and B together at $1,500, can I claim $500 as item B's fair market value?
      Sure.
      I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
      - Justice Brett Kavanaugh

      Comment


      • #4
        Well, if item B has little or no value except when used in conjunction with item A, then maybe not. *shrug*
        Follow me on Twitter: http://twitter.com/DaveDaDouche
        Read my seldom updated blog where I talk to myself: http://davedadouche.blogspot.com/

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        • #5
          LS, is it for charity or something else?
          I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
          - Justice Brett Kavanaugh

          Comment


          • #6
            Something else
            THEY!!111 OMG WTF LOL LET DA NOMADS AND TEH S3D3NTARY PEOPLA BOTH MAEK BITER AXP3REINCES
            AND TEH GRAAT SINS OF THERE [DOCTRINAL] INOVATIONS BQU3ATH3D SMAL
            AND!!1!11!!! LOL JUST IN CAES A DISPUTANT CALS U 2 DISPUT3 ABOUT THEYRE CLAMES
            DO NOT THAN DISPUT3 ON THEM 3XCAPT BY WAY OF AN 3XTARNAL DISPUTA!!!!11!! WTF

            Comment


            • #7
              what is it?
              I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
              - Justice Brett Kavanaugh

              Comment


              • #8
                A client's sales team sells items, and its finance division wants to establish FMVs for those items.
                THEY!!111 OMG WTF LOL LET DA NOMADS AND TEH S3D3NTARY PEOPLA BOTH MAEK BITER AXP3REINCES
                AND TEH GRAAT SINS OF THERE [DOCTRINAL] INOVATIONS BQU3ATH3D SMAL
                AND!!1!11!!! LOL JUST IN CAES A DISPUTANT CALS U 2 DISPUT3 ABOUT THEYRE CLAMES
                DO NOT THAN DISPUT3 ON THEM 3XCAPT BY WAY OF AN 3XTARNAL DISPUTA!!!!11!! WTF

                Comment


                • #9
                  Originally posted by LordShiva
                  A client's sales team sells items, and its finance division wants to establish FMVs for those items.
                  Oh, that's different. You probably want to go with the more conservative estimate.
                  I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
                  - Justice Brett Kavanaugh

                  Comment


                  • #10
                    It might be a better question for finance people though.
                    I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
                    - Justice Brett Kavanaugh

                    Comment


                    • #11
                      It's accounting, claim what you like until you actually sell it or replace it.
                      One day Canada will rule the world, and then we'll all be sorry.

                      Comment


                      • #12
                        Originally posted by Zkribbler
                        IMHO, anything else would be sheer madness!
                        what if A is a 1000$ dollar battery?

                        Comment


                        • #13
                          I've heard of AA batteries and AAA batteries and even AAAA batteries, but never A batteries. No wonder they are that expensive.
                          One day Canada will rule the world, and then we'll all be sorry.

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                          • #14
                            I suspect malfeasance. It is clear that they are being gouged by the battery manufacturer, who just happens to be the nephew of the boss.

                            Comment


                            • #15
                              Originally posted by Dauphin
                              It's accounting, claim what you like until you actually sell it or replace it.
                              Teh situation is that they've been selling A, B, C, D, E, F, ... Z, all of which are pieces of electronic data, for a while, in all sorts of different bundles with different prices
                              THEY!!111 OMG WTF LOL LET DA NOMADS AND TEH S3D3NTARY PEOPLA BOTH MAEK BITER AXP3REINCES
                              AND TEH GRAAT SINS OF THERE [DOCTRINAL] INOVATIONS BQU3ATH3D SMAL
                              AND!!1!11!!! LOL JUST IN CAES A DISPUTANT CALS U 2 DISPUT3 ABOUT THEYRE CLAMES
                              DO NOT THAN DISPUT3 ON THEM 3XCAPT BY WAY OF AN 3XTARNAL DISPUTA!!!!11!! WTF

                              Comment

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