Answer:
<u>1. Johann is looking to double the profits of his lemonade stand</u>
Explanation:
Note that Johann was<em> still making m</em>oney from lemonade stand but was not content with the profits he was making that was his argument or reason for increasing the price of a cup of lemonade from 25 cents to 50 cents.
<em>Without having forsight</em> Johann's decision eventually resulted in him selling fewer cups at the new price and therefore making less money than before.
Given; Equipment and building = $800,000Fair value of the land = $100,000Fair value of the building = $700,000Fair value of the equipment = $200,000
Solution;
$800,000 x [$100,000/($100,000 + $700,000 + $200,000)] = $80,000.
The company would record the land of $80,000
What do you want to be when you grow up?
<span>
In
order for companies to take responsibility for unintended effects,
governments put into place regulations. These regulations ensure that
companies do not take actions in the conduct of their core businesses that
create conflicting or possibly dangerous outcomes, such as exposing consumers
to potential risk.
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