It can affect the company's ability to get a lending (borrow money). It can also affect the chances of finding an investor.
        
             
        
        
        
Answer:
False 
Explanation:
Intermodal freight transport deals with the transportation of freight in an intermodal container or vehicle, using multiple different of transportation like ship, rail, and truck with no handling of any of the freight itself when changing 
to different transport. Base on the scenario been described in the question, we can see that it false because it not does not mean the definition of intermodal freight 
 
        
             
        
        
        
<span>the process or system by which goods and services are produced, sold, and bought in a country or region.</span>
        
                    
             
        
        
        
Answer:
c. $ 95,000 $ 0
Explanation:
<u>Calculation of cost of land acquired</u>
For the purpose of recording of land acquired in the books of accounts, the accounting values of consideration paid shall be considered as per the generally accepted accounting principles as well as as per International accounting standard (IAS) - 16 'Property, plant and equipment'. Hence the land shall be recorded as per the following amounts:
Consideration paid in cash (A) = $ 5,000
Consideration in kind (land) (B) = $ 90,000 (Refer Note 1)
Total cost of new land (A+B) = $ 95,000
<em>Note 1</em>
Fair value is irrelevant for the purpose of capitalization of asset (IAS-16)
<u>Calculation of Gain/loss on disposal of land</u>
No gain/loss needs to be recorded as the new asset shall be recorded in terms of the book value of old asset (i.e. net impact is already taken into account during the exchange transaction)