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gtnhenbr [62]
3 years ago
12

If a company is considering the purchase of a parcel of land that was acquired by the seller for $90,000 is offered for sale at

$160,000, is assessed for tax purposes at $100,000, is considered by the purchaser as easily being worth $150,000, and is purchased for $147,000, the land should be recorded in the purchaser's books at
Business
1 answer:
Lelechka [254]3 years ago
8 0

Answer:

$147,000

Explanation:

According to the historical cost principle, the assets of the company should be recorded at the purchase price or acquisition price in the financial statements

Since in the given situations many values are given with respect to the acquisition done by the seller, for tax turquoises, etc

But it is recorded at the purchase price i.e $147,000

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The chefs at Lorifusion, a continental restaurant, are given the freedom to try out new ways of presenting their dishes. This he
REY [17]

Answer:

The answer is: A) A creative work environment

Explanation:

Creative working environments usually enable employees to spend time creating different products, being unpredictable, testing different ideas, making mistakes, and innovating.

It's not easy for management to create such working environments, specially when innovation is not linear, is unpredictable and may be inefficient sometimes. But at the long run, innovative companies will tend to dominate their markets.

7 0
3 years ago
Rachel McGovern bought a 10-year bond for $921.77 seven years ago. The bond pays a coupon of 15 percent semiannually. Today, the
trasher [3.6K]

Answer:

17%

Explanation:

Purchase price of bond = $921.77

Years investment held = n = 7

Coupon rate = C = 15%

Frequency of payment = m = 2

Annual coupon = $1,000 × (0.15/2) = $75.00

Realized Yield = i

Selling price of bond = PB = $961.22

The realized rate of return is approximately 16.6 percent. Using a financial calculator provided an exact yield of 16.625 percent.

5 0
3 years ago
Which marketing function that involves communicating information about products
EastWind [94]
The answer is distribution
5 0
2 years ago
Good corporate citizens A. go beyond meeting society's expectations for ethical strategies and business behavior by fostering so
OlgaM077 [116]

Answer: A. go beyond meeting society's expectations for ethical strategies and business behavior by fostering social benefit and balancing the interests of all

Explanation:

Good Corporate Citizens care about the integrity of the Business world and the trust people should have in it.

To then it is imperative that they help foster social benefits as well as financial benefits for all to partake in and enjoy from.

3 0
2 years ago
There are many organizational features that can change the direction of the company. Some of these include processes, politics,
mel-nik [20]

Answer:

environmental

Explanation:

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

In Business management, the five (5) main organizational features which are capable of changing the direction of a company or business firm are classified as;

I. Culture.

II. Processes.

III. Politics.

IV. Environmental.

V. Structure.

Generally, it is expected that managers understand how the aforementioned organizational features can influence their business so as to build and use informations systems (IS) to drive the business successfully.

The internal and external elements such as government, competitors, customers, and suppliers that affect various parts of an organization are examples of environmental organizational feature.

Environmental scanning is a management strategy that focuses on systematically acquiring informations about occasions, trends, events or patterns through surveys and analysis of these information in an organisation's external and internal environment. The informations acquired through environmental scanning is then used by the executive management in strategically planning the organisation's future and exploitation of available opportunities for the success of the organization.

The internal environmental scanning offers an organization strength and weakness while the external environmental scanning provides information about opportunities and threats.

On the other hand, external environmental scanning gives an overview of the opportunities in the market as well as potential threats to an organization.

5 0
3 years ago
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