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avanturin [10]
3 years ago
15

CA15-2 (Issuance of Stock for Land) Martin Corporation is planning to issue 3,000 shares of its own $10 par value common stock f

or two acres of land to be used as a building site. Instructions (a) What general rule should be applied to determine the amount at which the land should be recorded
Business
1 answer:
emmainna [20.7K]3 years ago
5 0

Answer:

The general rule that should be applied in determining the value on which the and should be recorded is

Explanation:

Stock is being issued for land not for cash so the fair value of stock or the fair value of land whichever is more determinable will be recorded as the value of the land.

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To obtain a change of the zoning for a particular property, for example, from residential to commercial, a property owner would
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Answer: Zoning Map Amendment?

Explanation:

Zoning Map Amendment is an official document showing that there is a change in the way the land or property is divided into zones within a district and also the way it is being used either for industrial, residential or business purpose.

It is also known as Rezoning, this process can only begin if requested by town council, town manager or the owner of the property, this is done through application which has to be submitted 30days ahead to the committee meeting.

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1. A Driverse License
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Many performers, like singers, actors, and athletes, get paid large amounts of money. Do you think they earn these amounts or sh
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3 years ago
International trade a. raises the standard of living for importing countries and lowers it for exporting countries. b. raises th
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<h3>International trade raises the standard of living in all trading countries. </h3>

Explanation:

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Global trade allows countries to make more effective use of their resources–whether labor, technology or money. International trade usually enables countries to concentrate on those markets in which they can be most competitive and effective. In this way, international trade generally raises the standard of living of both producers and consumers.

8 0
3 years ago
A government bond with a coupon rate of 5% makes semiannual coupon payments on January 12 and July 12 of each year. The Wall Str
Yakvenalex [24]

Answer:

invoice price (dirty price) = $1,006.435

Explanation:

semi-annual coupon = $1,000 x 5% x 1/2 = $25

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invoice price (dirty price) = clean price + accrued interest = $1,004.375 + $2.06 = $1,006.435

the dirty price or invoice price of a bond includes any accrued interest that the bond may have earned in the period between the last coupon payment and the transaction date.

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