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Sydney's Siding Made a Basket Purchase Involving Four Assets

Question 148

Multiple Choice

Sydney's Siding made a basket purchase involving four assets. Their market values were A: $41,000; B: $40,000; C: $45,000; and D: $54,000. The price Sydney's paid for the four assets was $170,000. What percentage of the $170,000 price would be allocated to asset C to the nearest one-tenth of a percent? (Round any intermediary calculations to the nearest cent and your final answer to the nearest dollar.)


A) 33.3%
B) 26.5%
C) 25%
D) 22.2%

Correct Answer:

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