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Natalka [10]
2 years ago
11

Six acres of prime undeveloped property are sold for $2.25 per square foot. how much did the buyer pay?

Business
1 answer:
muminat2 years ago
7 0

Six acres of prime undeveloped property are sold for $2.25 per square foot. The buyer should pay $588060

It is calculated as:

1 acre= 43560 sq ft.

Therefore 6 acre = 43560*6 = 261360 sq ft.

Property is sold for  $2.25 per sq. ft

Therefore the price is calculated by multiplying the rate of per sq ft with the total sq ft area.

= 261360* $2.25

=$588060

To know more about underdeveloped property here:

brainly.com/question/17584053

#SPJ4

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On February 11, 20Y9, Quick Fix Company purchased $2,250 of supplies on account. In Quick Fix’s chart of accounts, the supplies
enot [183]

Answer:

a. February 15, 20y9, supplies purchased on account

Dr 15-Supplies 2,250

    Cr 21-Accounts payable 2,250

b.

Supplies                                                                               Account N. 15

Date         Particulars        Journal     Debit      Credit        Balance

                                          ref.                                             Debit      Credit

2/11           purchase           1               2,250                       2,250

c.

Accounts payable                                                               Account N. 21

Date         Particulars        Journal     Debit      Credit        Balance

                                          ref.                                             Debit      Credit

2/11           supplies             1                              2,250                       2,250

5 0
3 years ago
Keys Printing plans to issue a $1,000 par value, 20-year noncallable bond with a 7.00% annual coupon, paid semiannually. The com
Tresset [83]

Answer:

The WACC change if the new tax rate was adopted is - 0.35%

Explanation:

For computing the WACC change, first we have to determine the after tax cost of debt by applying the 40% and 45% tax rate which is shown below:

After tax Cost of debt = Cost of debt × ( 1- tax rate)

For 40% tax rate, it would be

= 7% × ( 1 - 40%)

= 4.2%

For 45% tax rate, it would be

= 7% × ( 1 - 45%)

= 3.85%

The change in WACC would be

= 3.85% - 4.2%

= - 0.35%

7 0
3 years ago
samir owns a dental practice, but business has slowed down significantly over the last six months. which analysis would you reco
ExtremeBDS [4]

I will recommend SWOT Analysis for his Dental business

SWOT Analysis is a strategic planning technique used for identifying and analyzing internal strengths and weaknesses in an organization and the analysis includes Strength, Weakness, Opportunities and Threat.

  • This Strategic technique helps to identify a potential competitive advantage.

  • The SWOT Analysis are used to evaluate the company's competitive position because its assess both the internal and external factors.

In conclusion, i will recommend to Samir to use the SWOT Analysis to determine his dental business competitive potential.

Learn more about SWOT Analysis here

<em>brainly.com/question/18068310</em>

6 0
2 years ago
Extrapolative expectations work when prices are rising, but not when prices decline. True or False True False
Lemur [1.5K]

Answer:

False

Explanation:

Extrapolative expectations refer to an expectation in which there is a continuation of trend that means if the price of a property rises, then the demand is also rising and it pushed for more prices also there is a condition when the price is falling so it would also decrease in the market supply also it pushed out down

So the given statement is false

6 0
3 years ago
True true or false increasing RAM, a computer's CPU can process more quickly
Airida [17]
This would be a true statement

5 0
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