Answer:
b. She should develop herself as the EMV of developing is $1.125 million, which is higher than the EMV of selling.
Explanation:
The probability of discovered oil = 0.25 (25%)
Selling the exploration right= Selling Price + Probability of discovered oil × Royalty% × Future Profit
= $200,000 + 0.25 × 0.25 × $7,500,000 = $668,750
Developing = Probability of finding the oil × Future Profits - Cost of Well
= 0.25 × $7,500,000 - $750,000 = $1,125,000
= $1.125 million
Therefore the EMV for selling the exploration rights is less than the developing, the landowner will develop the site by his own.
1. Effective teamwork and high productivity are good indications of positive B. productivity goals.
Because I think the best purpose of effective teamwork will be the productivity goals.
2. John is a new employee at International Widget. Having studied human relations, he's eager to understand the supervisory style employed by his immediate supervisor. Which of the following is not especially important to John's insight?
B. Whether his supervisor enjoys particular sports or hobbies
Answer:
3350
Explanation:
Since state sales tax is larger than state income you will lose that and add your personal property tax of 400 to your deduction.
2950+400= 3350
Answer:
Explanation:
Culver, Inc assets
Assets B. 75,000
Accumulated Depreciation
40,000
Asset A96,000
Cash. 15,000. Gain on exchange. 4,000
Larkspur Asset
(Asset B)
Asset A. 60,000. Accumulated Depreciation 47,000.
Cash. 15,000. Asset B. 110,000. Gain on exchange. 12,000. (b) let's say that the exchange of Assets A and B lacks commercial substance, record the exchange for both Culver, Inc. and Larkspur, Inc . in accordance with generally accepted accounting principles.
Culver's Asset (Asset A)
Asset B. 71,000
Accumulated Depreciation
40,000
Asset A.
96,000
Cash. 15,000
Larkspur Asset (Asset B)
Asset A. 50,400
Accumulated Depreciation
47,000
Cash. 15,000
Asset B. 110,000
Gain on exchange. 2,400.
