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MCQ on Chapter 7….HELP

This topic has 1 reply, 2 voices, and was last updated 8 years ago by Minnie.

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February 21, 2017 at 10:22 am #373465
tanisha227
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For the MCQ on chapter 7 why was the fair value adjustment workout $2,400,000/8/3? I understand everything except why they divide it by 3 as opposed to 0.3333.
February 26, 2017 at 7:18 pm #374407
Minnie
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Can you clarify what question you’re referring to? I can’t see any MCQs in the OpenTuition notes.
Dividing something by 3 is the same as multiplying it by 0.3333
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