If a copier has a fair market value of $3,000, what proportion of the total acquisition cost does it represent in a group purchase valued at $6,000?

To determine the proportion of the total acquisition cost that the copier represents, you need to calculate the ratio of the fair market value of the copier to the total acquisition cost. In this scenario, the copier has a fair market value of $3,000, and the total acquisition cost for the group purchase is $6,000.

The calculation is as follows:

1. Divide the fair market value of the copier by the total acquisition cost:

( \text{Proportion} = \frac{\text{Fair Market Value of Copier}}{\text{Total Acquisition Cost}} )

( = \frac{3,000}{6,000} )

2. Simplifying the fraction gives:

( = 0.5 )

3. To express this as a percentage, you multiply by 100:

( 0.5 \times 100 = 50% )

This calculation shows that the copier represents 50% of the total acquisition cost. Therefore, the correct answer should reflect this calculation based on the proportions given.

In this case, if 30% was selected, it doesn’t accurately represent the calculated proportion based on the given values. The fair market value of the copier being half of the