Answer:
The cost basis for the land is equal under both options.
Explanation:
If Taylor pays Ella $150,000 in cash and assumes the mortgage of $100,000, the cost basis of the land will be $250,000 (= $150,000 + $100,000). If he decides to pay Ella the full amount of $250,000, that will also be the cost basis of the land.
The only real difference is that if Taylor decides to assume the mortgage, he will need a smaller initial cash flow ($150,000).
Answer:
Because a monopoly is when one person or buisness provides a good or service that people can't get anywhere else so they can continue to make money.
Explanation:
Answer:
$262,000
Explanation:
Ending inventory = Goods on Hand + Cost Goods purchased from Marigold Corp + Cost of goods sold to Marigold Corp.
Ending inventory = $215,000 + $27,000 + $20,000
Ending inventory = $262,000
So, the amount that should Swifty report as its December 31 inventory is $262,000.
Answer:
The correct answer is D
Explanation:
Segmentation variable is the term which is defined as the characteristics of the people which is used for determining that if the people are similar.
For example, if the market is segmenting, then it is grounded on the age of the people, then the age is the segmentation variable.
So, the segmentation variable is the descriptive or detailed characteristics which help the separate potential purchases into the groups.
Answer: $600,000
Explanation:
The amount of the goodwill related to the acquisition will be calculated thus:
Acquisition price = $2,000,000
The net assets will be:
= Assets + Copyrights - Liabilities
= $1,500,000 + $150,000 - $250,000
= 1,400,000
Goodwill will then be calculated as:
= acquisition price - net assets
= $2000000 - $1400000
= $600,000
