1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alexdok [17]
3 years ago
6

Pharoah Inc. purchased land, building, and equipment from Laguna Corporation for a cash payment of $390,600. The estimated fair

values of the assets are land $74,400, building $272,800, and equipment $99,200. At what amounts should each of the three assets be recorded?
Business
1 answer:
BabaBlast [244]3 years ago
3 0

Answer:

Land = 65100.001

Building = 238699.999

Equipment = 86799.99

Explanation:

Total Asset Fair Value = Land + Building + Equipment

Total Asset Fair Value = $74,400+$272,800+$99,200

Total Asset Fair Value = $446400

Recorder Amount

Land = $74,400/$446400 * $390,600

Land = 65100.001

Building = $272,800/$446400 * $390,600

Building = 238699.999

Equipment = $99,200/$446400 * $390,600

Equipment = 86799.99

You might be interested in
Scrapper Elevator Company has 20 sales representatives who sell its product throughout the United States and Canada. The number
dezoksy [38]

The mean ls the average of a distribution obtained by taking the ratio of the sum and the frequency. The mean and standard deviation values of the distribution are 3.30 and 1.26 respectively.

We know,

  • Mean, μ = ΣX/ n
  • Standard deviation = √variance

To calculate mean and variance :-

X = 2,3,2,3,3,4,2,4,3,2,2,7,3,4,5,3,3,3,3,5

  • ΣX = sum of X = 66
  • n = sample size = 20

As, Mean = sum of x / sample size

66 / 20 = 3.3

Mean = 3.3

The variance = [Σ(X - μ)²] ÷ (n - 1)

Variance = [Σ(X - μ)²] ÷ (n - 1)

= (30.2) / 19 = 1.589

The standard deviation = √variance

= √1.589

= 1.26

Standard deviation =  1.26

Therefore,

The mean and standard deviation values are 3.3 and 1.26.

To know more about mean and standard deviation, click the links.

brainly.com/question/475676

brainly.com/question/4514629

#SPJ4

Correct Question - Scrapper Elevator Company has 20 sales representatives who sell its product throughout the United States and Canada. The number of units sold last month by each representative is listed below. Assume these sales figures to be the population values. 2,3,2,3,3,4,2,4,3,2,2,7,3,4,5,3,3,3,3,51. Compute the mean of the population.2. Compute the standard deviation.3. what would be the mean of the sample means?4. what would be the standard deviation of the sample means?

3 0
2 years ago
You invest $100 in a risky asset with an expected rate of return of 0.12 and a standard deviation of 0.15 and a t-bill with a ra
kvasek [131]
<span>57% and 43%
I'm pretty sure that this is what you're looking for so if you need more help or want me to explain this more just ask!
- Just Peachy</span>
6 0
3 years ago
an initial public offering (ipo) represents the first time a corporation's stock is offered and sold to persons outside of the c
LekaFEV [45]

True, an initial public offering (IPO) represents the first time a corporation's stock is offered and sold to persons outside of the company.

An initial public offering(IPO) or stock release is a public providing wherein stocks of an employer are offered to institutional investors and normally also to retail traders. An IPO is commonly underwritten by one or greater funding banks, who also arrange for the stocks to be indexed on one or extra stock exchanges.

Via IPO, colloquially known as floating, or going public, a privately held organization is transformed into a public organization. preliminary public offerings may be used to elevate new equity capital for companies, to monetize the investments of personal shareholders such as agency founders or personal equity buyers, and to permit smooth buying and selling of existing holdings or destiny capital elevating with the aid of becoming publicly traded.

A stock is a popular term used to describe the ownership certificates of any organization. A percentage, then again, refers to the stock certificate of a particular business enterprise. preserving a specific organization's share makes you a shareholder.

Learn more about IPO here: brainly.com/question/15738101

#SPJ4

5 0
1 year ago
If you needed financial advice, whom would you ask? Why?
kap26 [50]

Answer: financial advisors

Explanation: A financial advisor can help you create a long-term investing strategy, weigh the pros and cons of different account types, pick mutual funds, rebalance your investing portfolio, and set savings benchmarks to help you reach your long-term goals.

Hope this helped

6 0
3 years ago
Rayman Automobiles, an automobile manufacturing company, was founded in 1912. The company primarily focused on creating greater
kiruha [24]

Answer:

Option C: Production Era

Explanation:

The production era. Is known as Stage 2 of marketing's evolution. found in the 1930s, highest production capability than ever before. The problem now became competition then. It was characterized by mass production of lots of products increased the availability of product in the marketplace that is available.

8 0
2 years ago
Other questions:
  • Rachel jogs in the morning. her friend, who is jogging behind her, only has a 50 percent chance of calling out to her when she i
    11·2 answers
  • Asymmetric Frames Corp. had a return on equity of​ 15%. The​ corporation's earnings per share was​ $6.00, its dividend payout ra
    15·1 answer
  • Harmony is currently producing 100 units of a necessary component part by incurring $60,000 in direct materials, $12,500 in dire
    13·1 answer
  • Abel was employed as a security guard for Seep Corporation. Abel's job was to guard a fenced-in area and to use force to keep in
    15·1 answer
  • Kendall Corp. purchased at par value $160,000 of Barker Company's 7% bonds that mature in 10 months. The bonds pay interest semi
    5·2 answers
  • AirStep Shoe Company has two retail stores, one in Gainesville and the other in Orlando. The Gainesville store had sales of $165
    13·1 answer
  • What is the basic objective of monetary policy? What are the major strengths of monetary policy? Why is monetary policy easier t
    12·1 answer
  • Suppose sellers of liquor are required to send $5.00 to the government for every bottle of liquor they sell. Further, suppose th
    15·1 answer
  • You have been tasked with advising the dictator of a nation over what he should do to increase the countries GDP. He suggests pr
    14·1 answer
  • PLEASE HELP
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!