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Svetach [21]
4 years ago
15

A vacant lot acquired for $115,000 is sold for $298,000 in cash. What is the effect of the sale on the total amount of the selle

r's (1) assets, (2) liabilities, and (3) stockholders' equity
Business
1 answer:
iVinArrow [24]4 years ago
6 0

Explanation:

Since it is given that

Acquiring value of an vacant lot = $115,000

Sale value of the vacant lot in cash = $298,000

Since the sale value is more than the acquiring value which reflects the increment in the asset for $183,000 due to which the profit is also increased for $183,000 i.e retained earnings

Now the effect is shown below:

1. Assets = Increase = $183,000

2. Liabilities = No change = $0

3. Stockholder equity = Increased = $183,000

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The management of Charlton Corporation is considering the purchase of a new machine costing $380,000. The company's desired rate
VikaD [51]

Answer:

d. 4 years

Explanation:

Cash payback period is the time on which the company receive from the investment the same amount of money investment

cash fows = investment

regardless of discount or interest rates or changes in the value of the equipment. It is just answerng:

I put 100,000 dollars in the project, when I get 100,000 dollars back ?

The usual formula will be:

\frac{investment}{cash \: flow} = payback

380,000/ 95,000 = 4 years

7 0
3 years ago
as we look into the future the traditional purchasing approach will be transformed into ____ . ___ will be the tool that drives
aksik [14]

As we look into the future the traditional purchasing approach will be transformed into E-sourcing.

<h3>What is  E-sourcing?</h3>
  • The typical seven-step sourcing procedure can be used with a number of e-Sourcing solutions.
  • The procedures are the same whether e-sourcing software is used or not.
  • The distinction is in how you carry out each action.
  • You should choose the tools as a category manager or sourcing specialist that are most compatible with your company's goals.
  • It takes considerable knowledge of every tool in the toolbox to know which tool to use when. E-sourcing tools are placed beneath the relevant steps in the sourcing process below.
  • Simply put, e-Sourcing is a group of digital tools that aid in streamlining, streamlining, and improving the strategic sourcing activities and procurement processes carried out by the procurement team of an organization.

Hence, As we look into the future the traditional purchasing approach will be transformed into E-sourcing.

learn more about e-sourcing click here:

brainly.com/question/24319317

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5 0
2 years ago
If your payment history counts for 35% of your credit score and the type of credit you use accounts for 10% of your score, which
fgiga [73]
Which of those two percentages is larger? that's your answer.

a larger percentage means that it has a greater affect on the outcome.
7 0
3 years ago
Imagine two cities, Hometown and Visitorsville, where the rich, middle, and poor income recipients in one city have annual incom
Grace [21]

Answer:

The answer is letter A.

Explanation:

The true statement is Annual data on the distribution of income will indicate that the degree of income inequality in the two cities is identical.

6 0
4 years ago
Terra Corporation purchased equipment with a 10-year useful life and zero residual value for $100,000. At the end of the fourth
vazorg [7]

Answer:

Assets increase by $10,000

Total stockholders' equity increases by $10,000

Explanation:

Since in the question, it is given that, the purchase value of equipment is $100,000 and the exchanged value is $110,000

So, the difference of $10,000 ($110,000 - $100,000) would reflect that the assets would increase by $10,000 and the total stockholders' equity is also increased by $10,000

The exchange value is a combination of $70,000 in trade allowance and $40,000 was paid in cash

3 0
3 years ago
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