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Sydney's Siding Made a Basket Purchase Involving Four Assets

Question 116

Multiple Choice

Sydney's Siding made a basket purchase involving four assets.Their market values were A: $45,000;B: $37,500;C: $41,000;and D: $53,000.The price Sydney's paid for the four assets was $160,000.What percentage of the $160,000 price would be allocated to asset C to the nearest one-tenth of a percent?


A) 30.0%
B) 25.5%
C) 23.2%
D) 21.2%

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