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zhannawk [14.2K]

3 years ago

6

When land is purchased to construct a new building, the cost of removing any structures on the land should be charged to the bui

lding account.
a. True
b. False?

1 answer:

Blizzard [7]3 years ago

3 0

the answer is a yep its a

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has the following current assets: cash, $1,200; receivables, $1,500; inventory, $2,000 and other current assets, $1,300. Airline

pogonyaev

Answer:

Current Ratio = 1.5

Working Capital = $2,000 million

Explanation:

Current Ratio = Current Assets / Current Liabilities

= ($1,200 + $1,500 + $2,000 + $1,300) / ($1,000 + $3,000)

= $6,000 / $4,000

= 1.5

Working Capital = Current Assets - Current Liabilities

= $6,000 million - $4,000 million

= $2,000 million

5 0

3 years ago

Six people are introduced at a business convention if each person shakes hands with each of the others how many handshakes will

Leviafan [203]

<span>If 6 people meet and shake hand with each other. First person will shake hand with other 5, second person had already shaked hand with 1st person and shake hand with other 4, and so on…</span>

So, the total no. of handshakes= 5+4+3+2+1=15 shakes

The other way to calculate this is by the formula n (n+1)/2

Where n is the no. of shake hands by very first person and that is 5.

So, the total no. of handshakes=5(5+1)/2

= 5(6)/2

=30/2

=15 shakes

3 0

3 years ago

A company issued 5%, 20-year bonds with a face amount of $60 million. The market yield for bonds of similar risk and maturity is

Lesechka [4]

Answer:

Total $53.0656 (millions)

Explanation:

We will need to add the present value of the coupon payment

and the present value of the maturity date

<u>present value of the annuity:</u>

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C= 60 million x 5% /2 1.5

time= 20 years 2 payment per year = 40

rate = 6% annual = 0.06/2 = 0.03 semiannually

$1.5 \times \frac{1-(1+0.03)^{-40} }{0.03} = PV\\$

PV $34.6722

<u>present value of the bonds:</u>

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 60

time 40

rate 0.03

$\frac{60}{(1 + 0.03)^{40} } = PV$

PV $18.3934

<u>The value of the bond will be the sum of both</u>

PV c $34.6722

PV m $18.3934

Total $53.0656

7 0

3 years ago

Danny, a longtime hotel manager for Hilton, was meeting with Sara, a regional manager, and telling her about his recent decision

sesenic [268]

Answer: rational decision-making model

Explanation:

Rational decision-making model could be seen as when the decision maker has all alternatives on a decision with much information, with time on their hands and resources to evaluate the various choices thats made available before them.

Danny's choice to go against other people decision and using a detailed and different consideration for the employee decribed he used a rational decision making model, he still believed in the individual when others did not, and this affected his decision and didn't allow that of others to influence him.

8 0

3 years ago

Be-The-One is a motivational consulting business. At the end of its accounting period, December 31, 20Y2, Be-The-One has assets

Ann [662]

Answer:

a. Stockholders' equity as of December 31, 20Y2

Assets = Equity + Liabilities

395,000 = Equity + 97,000

Equity = 395,000 - 97,000

= $298,000

b. Stockholders' equity as of December 31, 20Y3.

Assets = Equity + Liabilities

(395,000 - 65,000) = Equity + (97,000 + 36,000)

330,000 = Equity + 133,000

Equity = 330,000 - 133,000

= $197,000

3 0

3 years ago