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Alina [70]
3 years ago
12

Ten years ago a corporation purchased a building for​ $160,000. at that​ time, the corporation felt that the building was worth​

$185,000. the current market value of the building is​ $430,000. the building has been assessed at​ $405,000 for property tax purposes. at which amount should the corporation record the building in its accounting​ records?
Business
1 answer:
Alla [95]3 years ago
8 0
<span>The building should be recorded in the corporation's account records as $405,000 because of it's assessed value for property tax purposes. The worth of the building ten years ago as well as the amount the corporation paid for it at that time no longer matters, and the current market value of the building also does not matter if the building is not being sold.</span>
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You're running an email promotion providing a discount to users with a birthday in the month of September. What metrics and dime
ki77a [65]

Answer:

The metrics and dimensions I should include in a custom report to deermine the day and time when users are most likely to complete a purchse after I sent them an email promotion providing a discount to users with a birthday in the month of September. are:

Day of Week, Hour, eCommerce Convertion rate, sessions.

Explanation:

The reasons behind these answers are two: The first one is that I need to write a record of the people to follow my call in the e-mail. So that record should include day of week, as well as hour to study their behavior. Also, the e-commerce conversion rate to analyze the effectiveness of the e-mail promotion and the sessions to find out how much people entered at the same time.

5 0
3 years ago
After winning the lottery, you state that you are indifferent between receiving twenty $500,000 end-of-the-year payments (first
olga2289 [7]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

6 0
4 years ago
Jennifer is the owner of a video game and entertainment software retail store. She is currently planning to retire in 30 years a
nexus9112 [7]

Answer:

A= $4,838.95 monthly

Explanation:

Giving the following information:

She is currently planning to retire in 30 years and wishes to withdraw $10,000/month for 20 years from her retirement account starting at that time.

First, we need to calculate the amount needed for retirement:

FV= 10,000*12*20= 2,400,000

Now, we can use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

Effective rate= 0.02/12= 0.0017

n= 12*30= 360

A= (2,400,000*0.0017)/[(1.0017^360)-1]

A= $4,838.95 monthly

3 0
4 years ago
The second-price auction model
Maurinko [17]

Answer:

The correct answer is the option B: charges the highest bidder only a penny more than the bid of the second-highest bidder.

Explanation:

To begin with, the model of <em>''the second-price auction''</em> is a non-truthful auction mechanism in which every bidder places a bid but with the little particularity that the one who has the highest bid, and therefore the one who gets the first slot, only pays the price bid by the second highest bidder, and this last one only pays the price bid by the third highest bidder and so on. Therefore that this auction mechanism is non-truthful because the bidder does not pay the price he said he would, but he pays the price bid by the other person.  

8 0
3 years ago
Stahl Company paid $7,800 on May 1, 2017 for insurance coverage for a one year period beginning on that date. The adjusting entr
AveGali [126]

Answer:

Debit insurance expense $5,200

Credit prepaid insurance $5,200

A decrease of $5,200 in the current asset,that will be charged to expense account.

Explanation:

An adjusting entry to recognize the expire portion of the insurance must be done at the year end. In this entry, we will recognize the expire portion of the prepaid insurance that was acquired on May 1.

($7,800 / 12 months = $650 x 8 months = $5,200)

The effect on financial statement is that, prepaid insurance which is a current asset will decreased by $5,200 makes the balance of the prepaid insurance decreased to $2,600 at year end.

8 0
4 years ago
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