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Shalnov [3]
3 years ago
10

Frost Enterprises buys a warehouse for $ 510,000 to use for its East Coast distribution operations. On the date of the​ purchase

, a professional appraisal shows a value of $ 610,000 for the warehouse. The seller had originally purchased the building for $ 485,000. Frost has a similar warehouse on the West Coast that has a book value of $ 526,000. Under the historical cost​ principle, Frost should record the building for:_______.A. $580,000.B. $630,000.C. $594,000.D. $525,000.
Business
1 answer:
12345 [234]3 years ago
6 0

Answer:

$510,000.00

Explanation:

Since the historical cost principle states that business must account and record most assets at their purchase or acquisition price which means the data put into record on the balance sheet would reflect amount paid for asset.

That is why it is $510000.

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This doesn't seem to be a question, but rather, a statement.
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Chase is a manager for World Graphic Design, Inc., a firm that designs and manufactures greeting cards, invitations, announcemen
marissa [1.9K]

Answer:

The correct answer is letter "B": False.

Explanation:

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Which element of negligence deals with the failure of a person to perform a duty that required them to act in a certain way?
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8 0
3 years ago
Read 2 more answers
Suppose that you observe a market with four firms, each with about 25% market share. What does it suggest about the following at
Nostrana [21]

Answer:

It suggests that they are not doing anything competitively different.

Explanation:

Network externalities if well harnessed should bring about an increase in end users satisfaction and value derived.

Multi housing costs, ordinarily, and when taken as a whole, should results to an overall minimization of the total costs. Economics of scales and other resources are centrally allocated here, and the effect should be a gain to the entity.

Level of differentiation across firm's offerings - products or services, signals the procedures an organization adopt to mark the uniqueness of their products or services. It shows how distant they are among the other varying sets.

Thus, from the case given, the four firms have the same share of the market - 25%. The implication is that as far as we are concerned, their level of activities and postures in the market is same and/or similar. This ultimately cuts across the network externalities, multi housing costs and the level of differentiation of firm's offerings. They are thus not competitively different.

5 0
3 years ago
DataSpan, Inc., automated its plant at the start of the current year and installed a flexible manufacturing system. The company
azamat

Answer:

Month 1 = 5.3 Days

Month 2 = 4.9 Days

Month 3 = 3.9 days

Month 4 = 4.5 Days

Explanation:

The computation of throughput time for each month is shown below:-

Throughput time = Process time + Inspection time + Move time + Queue time

Month 1 = 0.7 Days + 0.6 Days + 0.6 Days + 3.4 Days

= 5.3 Days

Month 2 = 0.7 Days + 0.6 Days + 0.5 Days + 3.1 Days

= 4.9 Days

Month 3 = 0.7 Days + 0.4 Days + 0.4 Days + 2.4 Days

= 3.9 days

Month 4 = 0.4 Days + 0.6 Days + 0.8 Days + 1.7 Days

= 4.5 Days

Therefore for computing the throughput time for each month we simply applied the above formula.

4 0
3 years ago
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