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cluponka [151]
3 years ago
8

If a company is considering the purchase of a parcel of land that was acquired by the seller for $96,000 is offered for sale at

$172,000, is assessed for tax purposes at $106,000, is considered by the purchaser as easily being worth $162,000, and is purchased for $159,000, the land should be recorded in the purchaser's books at:
Business
1 answer:
77julia77 [94]3 years ago
4 0

Answer:

The land should be recorded in the purchaser's books at $159,000.

Explanation:

Book keeping is the important term in the accounting and it records all the information of purchasing and selling amount from for a specific person to a large company.

As the buyer purchased the land in $159000, thus in his book it should be recorded as land purchased for $159000, and all the persons involved init from seller to intermediate organizations. All other tax processes and assessed values does not relate with the buyer. He just payed for the land and recorded it. Other values will be recorded in the book of seller and the book of intermediary organizations involved who assessed the land value as for the recording purposes.

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This technique is called data mining.
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Drying times for newly painted microwave oven cabinets are normally distributed with a mean of 2.5 minutes and a standard deviat
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Answer: 3.22

Explanation:

Given that;

mean = 2.5 min

standard deviation = 0.25 min

now to get the value of X required, we say

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the time delay should be just enough to allow 99.8% of the cabinets to dry completely = 99.8/100 = 0.9980

first we determine an appropriate z value.

Using the standardized normal tables,

value of z for approximately 0.9980 is 2.88

so using our initial equation z = (x - u) / a

we substitute the value

z = (x - u) / a

2.88 = ( x - 2.5) / 0.25

2.88 * 0.25 = x - 2.5

0.72 = x - 2.5

x = 0.72 + 2.5

x = 3.22

5 0
2 years ago
what does it mean to do a good job of managing human resources in, for instance, a hospital? What activities are involved, and f
Fynjy0 [20]

Answer: When workers are given the best working conditions a company can afford.

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A good job is done in Human resource management in an organization when it has ensured that staff are given the best working conditions the company can afford. In a hospital for instance, where the staff population is mainly made up of nurses and doctors, an approach can be done to give the workers quality working conditions such as:

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4 0
3 years ago
Sanders, Inc., paid a $4 dividend per share last year and is expected to continue to pay out 60% of its earnings as dividends fo
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Answer:

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D0 = 4

Ks = 15%

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         =4\times \frac{ (1+5.20 \ percent)}{(15 \ percent-5.20 \ percent)}

         =42.94 ($)

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2 years ago
A national grocery chain is divided into well-demarcated groups such as the Northeastern division, the Northwestern division, th
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Based on the fact that the divisions of this national grocery chain are set up in such a way that they can serve different locations, this is a<u> geographic structure.</u>

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This is what this national grocery chain is doing by setting up divisions in various areas to access their customers around the country.

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