Magnolia inc. acquires a machine in a business combination. Themachine was originally purchased from an...
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Economics
Magnolia inc. acquires a machine in a business combination. Themachine was originally purchased from an outside vendor andcustomized for use in its operations. However, the customication ofthe machine was not extensive. The machine does not have aseparately identifable income stream from which to develop reliableestimates of future cash flows. Magnolia inc. determines that thehighest and best use of the machine is its current use incombination with other assets or with other assets and liabilities.Quoted prices for similar machines are available. In this case,which valuation technique is likely more appropriate to use whenvaluing the machine? Select the best response, and then selectSubmit. Multiple valuation techniques: The market approach and thecost approach Single valuation technique: The income approachStingte watultion lechinque. The cost approach Multiple valuationlechniques: The market approach and the income approach
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