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Zigmanuir [339]
3 years ago
14

On December 1, Miser Corporation exchanged 2,000 shares of its $25 par value common stock held in treasury for a parcel of land

to be held for a future plant site. The treasury shares were acquired by Miser at a cost of $40 per share, and on the exchange date the common shares of Miser had a fair market value of $50 per share. Miser received $6,000 for selling scrap when an existing building on the property was removed from the site. Based on these facts, the land should be capitalized at what amount?
Business
1 answer:
Allushta [10]3 years ago
8 0

Answer:

Capitalized value = $188000

Explanation:

Land should be capitalized by fair market value of share exchanged less any recovery of scrap as land will be developed for future plant.

Fair value of shares = $50*4000 = $200000

Less: value of scrap = $12000

Capitalized value = $188000

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I will choose letter c. positive values.  When you believe that you can do something that you feel positive about yourself and you are capable of doing it.  When you believe it can happen then you feel good about yourself and it greatly relieves stress.

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Although several bulbs have burned out on the movie buff theater's sign at the entrance and the letters are not completely forme
andre [41]

Based on the scenario, the gestalt principle that best accounts for this phenomenon of which Caleb can still read the announcement despite of the fact that the letters are not completely formed is because of the gestalt principle of closure. This law explains of how an individual could see incomplete objects because of how perception fills the visual gap of an individual.

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Shades n Hues is a company producing cosmetics. It supplies products to stores and beauty salons and also manages its own retail
Gala2k [10]

By producing their own cosmetics and then selling them, Shades n Hues are engaging in<u> Forward Integration.</u>

<h3 /><h3>What is Forward Integration? </h3>
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  • It refers to when producers are also engaged in distributing their products to consumers.

By producing their own products and then either selling to other companies or to the consumer directly, Shades n Hues is engaged in forward integration as they have moved forward in the supply chain.

Find out more on the supply chain at brainly.com/question/25560748.

6 0
2 years ago
Pauley Company needs to determine a markup for a new product. Pauley expects to sell 22,000 units and wants a target profit of $
Sever21 [200]

Answer:

variable markup % = 60%

Explanation:

total units sold 22,000

total costs associated with selling the 22,000 units:

variable production costs $18 x 22,000 = $396,000

variable S&A costs $13 x 22,000 = $286,000

fixed overhead = $20,500

fixed S&A = $36,700

total costs = $739,200

total cost per unit = $33.60

selling price = $33.60 + $16 = $49.60

markup percentage = [(sales price - unit cost) / unit cost] x 100

the total markup % = [49.60 - 33.60) / 33.60] x 100 = 47.62%

but since we are going to calculate the markup percentage solely based on variable costs, then:

variable cost per unit = $31

selling price = $49.60

the variable markup % = [49.60 - 31) / 31] x 100 = 60%

8 0
3 years ago
Scenario 9-1 For a small country called Boxland, the equation of the domestic demand curve for cardboard is Q D = 200 − 2P , whe
Ksenya-84 [330]

Answer:  a. benefits Boxlandian consumers by $672 and harms Boxlandian producers by $598.50.

Explanation:

Equilibrium price will be at level where quantity demanded equals quantity supplied.

200 − 2P = -60 + 3P

200+60 = 5P

5P = 260

P = $52

Equilibrium Quantity Demanded = 200 − 2P = 200 - 2 * 52 = 96 units

In a no-trade situation the demand in Boxland is 96 units at a price of $52. If they were to buy at the world price of $45, they would benefit;

= (96 * 52) - (96 * 45)

= 4,992‬ - 4,320‬

= $672

Producers however would produce the following at a price of $45;

Q S = -60 + 3P

= -60 + 3(45)

= 75 units

They would be supplying less units and be hurt.

7 0
2 years ago
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