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ladessa [460]
3 years ago
6

Cantor Corporation acquired a manufacturing facility on four acres of land for a lump-sum price of $8,500,000. The building incl

uded used but functional equipment. According to independent appraisals, the fair values were $4,800,000, $3,600,000, and $3,600,000 for the building, land, and equipment, respectively. The initial values of the building, land, and equipment would be:
Business
1 answer:
egoroff_w [7]3 years ago
3 0

Answer:

$3,400,000; $2,550,000; $2,550,000

Explanation:

Total fair value:

= Building + Land + Equipment

= $4,800,000 + $3,600,000 + $3,600,000

= $12,000,000

Initial value of building:

= Total cost of acquisition × (Fair value of building ÷ Total fair value)

= $8,500,000 × ($4,800,000 ÷ $12,000,000)

= $8,500,000 × 0.4

= $3,400,000

Initial value of land:

= Total cost of acquisition × (Fair value of land ÷ Total fair value)

= $8,500,000 × ($3,600,000 ÷ $12,000,000)

= $8,500,000 × 0.3

= $2,550,000

Initial value of Equipment:

= Total cost of acquisition × (Fair value of Equipment ÷ Total fair value)

= $8,500,000 × ($3,600,000 ÷ $12,000,000)

= $8,500,000 × 0.3

= $2,550,000

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taurus [48]

The difference between a divine command view and authoritarian view is that the authority figure is different-Yes the statement holds true

Explanation:

<u>In a Divine Command of View</u>

we often come across statement like -"I would do what God or the scriptures say is right'

As per this point of view the  right and wrong are determined by a supernatural supreme being, whose will we discern from sacred texts and divinely inspired messengers.

<u>Authoritarian View</u>

An example of Authoritarian view is sentence like " I would follow the advise of an authority"

According to this view  the  right and wrong is decided by the authorities.The power of taking decision rest in the hands of a particular authority.

Downside of this view is that : authorities do not always reflect wisdom and not all authorities agree.

As you can see that the difference between the two view point is the authority figure.So the answer is True

8 0
3 years ago
What is one reason why a business may incorporate a dress code?
LenaWriter [7]

Answer:

d

Explanation:

D.because it wants to promote unity among employees

3 0
2 years ago
Which of these contains data that identifies a product?
zmey [24]

Answer:

A. UPC

Explanation:

A UPC is an acronym for universal product code. UPC is typically used for the identification of a specific product and its manufacturer (vendor) through a unique code that is printed on the product.

Basically, a universal product code (UPC) comprises of two (2) main parts;

  • A machine-readable barcode that contains sets of vertical black lines.
  • A unique twelve (12) digit number placed beneath or adjacent to the machine-readable barcode.

The first six-digits of the UPC represents the manufacturer and is printed on all of its products while the next five-digits is the product's unique reference number (item number) and the last digit is typically known as a check digit, used for the verification of the authenticity of a UPC.

Generally, the universal product code are usually scanned with a barcode scanner and this makes it easier to identify a product, as well as its price.

<em>Hence, a universal product code (UPC) contains data that identifies a product. </em>

6 0
3 years ago
Vaughn Manufacturing began the year with retained earnings of $114000. During 2022, the company issued $84500 of common stock fo
aalyn [17]

Vaughn's net income for the year 2022 is: c. $88,000.

<h3>Net income</h3>

Using this formula

Net income=Revenues - expenses

Where:

Revenues=$735,000

Expenses=$647,000

Let plug in the formula

Net income=$735,000-$647,000

Net income=$88,000

Therefore the correct option is c.

Learn more about net income here:brainly.com/question/15235984

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3 0
2 years ago
In a free market​ system, ____. A. central planning determines supply B. government forces primarily determine prices C. most ne
natka813 [3]

Answer: Option E

Explanation: In a free market system the prices of goods and services produced are determined by the market forces of demand and supply. This are also known as open market.

The intervention of govt. in regulating such markets is very minimal. Thus, the control in such markets stands in hands of private owners. Therefore, the private owners produce with the single aim of profit maximization in such economies.

Hence we can conclude that the right option is E.

4 0
3 years ago
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