pinewood company purchased two buildings on four acres of land. the lump-sum purchase price was $1,600,000. according to independent appraisals, the fair values were $765,000 (building a) and $425,000 (building b) for the buildings and $510,000 for the land. required: determine the initial valuation of the buildings and the land.

In finance, valuation is the system of determining the prevailing price (PV) of an asset. In a business context, it's far more often the hypothetical rate that a third birthday party would pay for a given asset. Valuations may be performed on assets (for example, investments in marketable securities consisting of corporations' shares and associated rights, business firms, or intangible assets together with patents, facts, and logos) or on liabilities (e.G., bonds issued by means of an employer). Valuations are wished for lots motives inclusive of investment evaluation, capital budgeting, merger and acquisition transactions, financial reporting, and taxable events to determine the proper tax legal responsibility.

Learn more about valuation here

https://brainly.com/question/843074

#SPJ4