Examlex
If the acquirer invokes a 338 election no taxes will have to be paid on any gains on assets written up to their fair market value.
Lease Residual Value
The estimated value of a leased asset at the end of the lease term.
Loss on Sale
Occurs when the sale price of an asset is less than its carrying amount on the books.
Treasury Shares
Stocks that the original issuing company repurchased, subsequently decreasing the quantity of available shares in the market.
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