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deff fn [24]
1 year ago
8

wilson corporation exchanged land and $4,500 cash for material handling equipment. the land had a book value of $45,000 and a fa

ir value of $58,000. assume the exchange has no commercial substance
Business
1 answer:
77julia77 [94]1 year ago
7 0

Book Value Of Asset 58500000. Book Value of Assets is the asset's value in the books of records of a company or an institution at any given instance.

Assets Book Value Formula = Total Value of an Asset – Depreciation – Other Expenses

Book Value Of Asset  is$4,500(58,000 - 45,000) and the fair value of asset exchanged is58500000. As there is a change in the value, this substance exists in the transaction.

Commercial substance exists in business transactions where the outcome is anticipated to change the company's cash flows in the future and is considered only when there is a significant alteration in the risk of cash inflow, the timing of cash inflow, and the amount paid as a result of the transaction.

Learn more about Asset from

brainly.com/question/25746199

#SPJ4

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Debbie, a popular wedding photographer, is able to photograph a wedding every Saturday of the year. She charges couples $4,000 f
myrzilka [38]

Answer:

The economic cost for Debbie is 6,200 after considering the implicit cost.

Explanation:

The economic cost for Debbie's will be the explicit cost and opportunity cost of the best rejected opportunity.

Explicit cost:         2,200 print and develop

Opportunity Cost: 4,000  normal wedding revenue

Total Cost:             6,200

7 0
3 years ago
What internal factors affect the decision-making process of a leader?
Lena [83]

Answer:

Training, support, employee performance, company values and technology.

Explanation:

Training: All leaders must have training, such as how to perform performance evaluations. Training in practical issues and management tasks encourages leaders to be more responsible.

Support: Leaders should have the support of the organization. The company's support for its department decisions and professional aspirations is essential for the development of better leaders.

Employee performance: The aptitude and professional interests of the personnel form the basis of the decisions that the leaders take when delegating tasks and responsibilities to the employees, being the same leaders the final responsibility for the result.

Company values: Leaders who work for successful, high-level organizations demonstrate pride and commitment to their positions.

Technology: Technological solutions give the leader greater productivity and efficiency. Technology is a fundamental factor for leaders because it affects their performance.

Have a nice day!

6 0
3 years ago
Disruptive innovations don't need to perform better than incumbents; they simply need to perform well enough to appeal to their
seropon [69]

Answer:

True

Explanation:

Disruptive innovation refers to a technological change which adversely hampers the existing operations of an industry or it's players. For instance, the advent of USBs and compact discs affected the industry of magnetic tapes and audio cassettes.

Another latest example of disruptive innovation being Netflix which has kind of disrupted the normal operations and profitability of television channels.

Such disruptive innovators do not require to focus on outdoing competitors performance. All they need to take care of is they perform good enough to appeal and retain their customers.

7 0
4 years ago
If Toys R Us and FAO Schwartz decided to join to form one company this activity would be called a(n)
Marianna [84]
This would be called a merger
3 0
2 years ago
Beginners Run Ski Shop sells a pair of skis to Crystal. When Crystal first uses the skis, theysnap in two. The cause is somethin
enyata [817]

Answer:

b. the implied warranty of merchantability

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Implied warranty of merchantability refers to an implied assurance, in every sales transaction that the seller's goods are safe and fit for intended purpose of usage.

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The motive behind such a warranty being, the seller must properly inspect and test the quality of his goods before releasing them or making them available for sale in the market.

In the given case, the seller sold skis to the customer which cracked into two upon usage. The seller isn't aware of the cause of the consequence. Thus, the seller breached the principle of implied warranty of merchantabilty as per which, it should've first checked and inspected the skis before making them available for sale.

3 0
3 years ago
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