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gtnhenbr [62]
4 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]4 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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How many units would have to be sold to yield a target operating income of​ $26,000, assuming variable costs are​ $27 per​ unit,
Deffense [45]

Answer:

The number of units must be sold to yield a target operating income of​ $26,000: 5,600 units

Explanation:

Contribution margin per unit = Sales price – Variable cost per unit = $32-$27=$5

The number of units must be sold to meet the target income figure are calculated by using following formula:

The number of units must be sold = (Total fixed cost + Targeted income) / Contribution margin per unit = ($2,000 + $26,000)/$5 = 5,600 units

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4 years ago
In the far off kingdom of Viracien there is a healthy sized population of citizens over 16 years old. The last census indicated
Anarel [89]

Answer:

6.5%

Explanation:

Number of people unemployed = 237,000

Labor force = 5 million - 1.3 million - 50,000

Labor force = 3.65 million

Unemployment rate = Number of people unemployed/Labor force*100

Unemployment rate = 237,000/3.65 million*100

Unemployment rate = 6.4931501%

Unemployment rate = 6.5%

8 0
3 years ago
how to calculate the hourly wage based on the monthly income and state the hourly wage. assume that each full time worker works
Maksim231197 [3]

Answer:

$23.85 per hours

Explanation:

The labor wage per hour can be calculate by simply dividing minimum monthly income by the least number of total hours that a labor must work. The resultant amount will be hourly wage of an employee.

Mathematically,

Hourly Wage = Minimum Monthly Income  /  Total Hours Worked

Here

Minimum Monthly Income is $4,089

Total Hours Worked = 40 Hrs per week * 30 days / 7 days

Total Hours Worked = 171.43 Hours

By putting the values, we have:

Hourly Wage = $4,089 / 171.43 Hrs   = $23.85 per hours

5 0
4 years ago
Interview a business owner on the crisis experienced in the workplace. attach an interview schedule a part of your oral presenta
hichkok12 [17]

To conduct an interview with an entrepreneur about a crisis experienced in the workplace, it is essential to develop a well-structured script.

<h3 /><h3>How to develop an effective interview?</h3>

It is essential that questions are developed in line with the theme and objective of the interview, seeking to eliminate ambiguity and subjectivity, generating greater consistency in the interview.

Some examples of interview questions for an entrepreneur about a crisis at work could be:

  • What strategy did the company develop to deal with the crisis experienced?
  • What do you consider essential to overcome a crisis at work?

Therefore, it is essential that an interview is conducted in an organized and planned manner so that its objective is achieved.

Find out more about interview here:

brainly.com/question/8846894

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3 years ago
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3 years ago
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