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elena-s [515]
3 years ago
13

Riverboat Adventures pays $450,000 plus $5,000 in closing costs to buy out a competitor. The real estate consists of land apprai

sed at $67,200, a building appraised at $158,400, and paddleboats appraised at $254,400. Compute the cost that should be allocated to the building.
Business
1 answer:
kkurt [141]3 years ago
8 0

Answer:

$150,150

Explanation:

Total fair value of all assets:

= Land + Building + Paddleboats

= $67,200 + $158,400 + $254,400

= $480,000

Building accounted for:

= Fair value of building ÷ Total fair value

= $158,400 ÷ $480,000

= 33%

Therefore, the building is 33% of the total fair value of assets.

Cost of acquisition of assets:

= Amount paid + Closing cost to buy out a competitor

= 450,000 + 5,000

= $455,000

Cost to be allocated to the building:

= Cost of acquisition of assets × Percent share in total fair value

= $455,000 × 33%

= $150,150

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Precise Machinery is analyzing a proposed project. The company expects to sell 7,500 units, ±10 percent. The expected variable c
statuscvo [17]

Answer:

$2,703,940

Explanation:

Calculation for the operating cash flow based on this analysis

Particulars Amount

Sales amount 6,375,000

(850*7,500)

Less vaiable cost 2,355,000

(314*7,500)

Less Fixed cost 647,000

Less Depreciation 187,000

PBT 3,186,000

Tax 21% 669,060

(21%*3,186,000)

PAT 2,516,940

(3,186,000-669,060)

Add: Depreciation 187,000

Operating cash flow $2,703,940

(2,516,940+187,000)

Therefore the operating cash flow based on this analysis will be $2,703,940

4 0
3 years ago
Which two key considerations should be made to make sure the performance of the report is not degraded due to large data volume?
fgiga [73]

B. A number of joins used in report query.

C. A number of records returned by report query.

Explanation:

A report on the results of something is a survey. These are generated annually by government bodies that have to prove that the money was spent correctly and accurately, funded by public money.

Such reports should include metrics of success that assess the organization's accomplishments and its services. The statistics that, for instance, show the number of arrests, number of convictions by category of crime and the increase in crime rates for a police department.

5 0
3 years ago
A business student is preparing for the Graduate Management Admission Test (GMAT) so he can get into a good graduate business sc
gulaghasi [49]

Answer:

d. there is no way for the parties to communicate with one another.

Explanation:

Marketing is the process by which relationships are created and managed on order to satisfy customers.

The business student has heard of the tutor but does not know who he is. Although he is willing to pay for lessons he has not opened any lines of communication with the tutor so marketing cannot occur.

Communication has to be established before a relationship is built (marketing).

5 0
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babymother [125]

Answer:

Why has the provider of choice shifted from rail to motor modes?

When companies change their modus operandi, it is usually to minimize cost and maximize profit. This provider of choice therefore has probably determined that motor modes were more cost effective for the services it offers vs using trains and rail modes for transport and has now made the appropriate switch.

With the shift to motor freight carriers, the amount of traffic accidents have sky rocketed.

With the provider of choice now using motor modes as opposed to rail, there is bound to be more vehicles on the road now from motor bikes all the way to trucks and with an increase in the number of vehicles available, there is bound to be an increase in accidents involving vehicles.

6 0
2 years ago
Why is it necessary to include your family's income and tax information on<br> a fafsa application?
Assoli18 [71]
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