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
tresset_1 [31]
3 years ago
7

Alice owns land with an adjusted basis of $610,000 subject to a mortgage of $350,000. On April 1, Alice sells her land subject t

o the mortgage for $650,000 in cash, a note for $600,000, and property with a fair market value of $120,000. What is the amount realized?

Business
1 answer:
mylen [45]3 years ago
3 0

Answer:

$1720,000

Explanation:

Please see attachment .

You might be interested in
Under which tab and group can you find the control to add a section to a presentation?
Tpy6a [65]

Answer: the answer is B

6 0
3 years ago
Read 2 more answers
Sheridan Company uses job order costing for its brand new line of sewing machines. The cost incurred for production during 2019
gizmo_the_mogwai [7]

Answer:

$1,440 per machine

Explanation:

The computation of the cost per machine is shown below:

= Total cost ÷ number of machine completed

where,

Total cost = Material cost + direct labor cost + manufacturing overhead applied cost + beginning work in process cost - ending work in process cost

= $15,000 + $11,000 + $7,000 + $11,000 - $8,000

= $36,000

And, the number of machine completed is 25

So, the cost per machine is

= $36,000 ÷ 25 machines

= $1,440 per machine

4 0
2 years ago
Use the following selected balance sheet and income statement information for Caroline Supply Co. (in millions) to compute asset
lidiya [134]

Answer:

3.15 times

Explanation:

Asset turnover = Sales revenue / Average total assets

Asset turnover = $1,135,420 / $360,600

Asset turnover = 3.15 times

7 0
2 years ago
What is the principle of quality? What is the principle of quantity? Give an example in which a physical activity professional w
QveST [7]

Answer:

The principle of quality states that the experiences that engage us in the most critical components of an activity are most likely to increase our capacity to perform that activity. Critical components are the elements of an activity that are most important for performing it at a high level. To be really good at an activity, you must focus on what factor you need most and improve that area.The principle of quantity states that when all other factors are equal, increasing the frequency of our engagement with the critical components of an activity usually  

results in the largest performance improvement in that activity. Generally, the performer whose experiences have engaged her most often in the critical components of an activity usually becomes the most competent in that activity.A physical activity professional asked to create a plan to decrease the time in a marathoner’s performance would begin by conducting a analysis. The critical components in this activity relate to physical performance capacity more than skill.  

Explanation:

4 0
3 years ago
Is 5 a composite or prime number
enot [183]
5 is a prime number
5 0
3 years ago
Read 2 more answers
Other questions:
  • Manuel, a supervisor, is known by his managers to be sharp in his decisions and has a good track record of meeting his goals. Ma
    6·1 answer
  • What bia metric can be used to express the longest time a business function can be unavailable without causing irreparable harm
    5·1 answer
  • The following events occurred for Favata Company: Received $16,000 cash from owners and issued stock to them. Borrowed $13,000 c
    6·1 answer
  • What are the pressure that Lenovo faces for global integration?
    13·1 answer
  • Time Warner Cable uses its sales reports broken down by geographic regions as part of its marketing research to determine which
    13·1 answer
  • Which department manages the process of converting or transforming resources into goods or services?
    13·1 answer
  • Some years ago, the three leading aluminum producers in the U.S. changed prices nine times by exactly the same amount each time
    6·1 answer
  • When a stock transaction occurs in the secondary market, the company receives: Group of answer choices Nothing The dollar value
    9·1 answer
  • What tool is used to easily clean metal scales, old paints and rust​
    13·1 answer
  • The only way that a society can produce outside the production possibilities curve is
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!