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
Delvig [45]
3 years ago
12

Laramie Corporation has acquired a property that included both land and a building for $ 570 comma 000. The corporation hired an

appraiser who has determined that the market value of the land is $ 370 comma 000 and that of the building is $ 400 comma 000. At what amount should the corporation record the cost of the​ building? (Round any intermediate calculations to two decimal​ places, and your final answer to the nearest​ dollar.)
Business
1 answer:
Eddi Din [679]3 years ago
4 0

Answer:

$296,115

Explanation:

Total market value of land and building:

= Market value of land + Market value of building

= $370,000 + $400,000

= $770,000

Percentage of land in total market value:

= Market value of Building ÷ Total market value of land and building

= $400,000 ÷ $770,000

= 51.95%

Value of building:

= $570,000 × 51.95%

= $296,115

You might be interested in
What are the major chemical components of the cell membrane?
viktelen [127]

Answer:

The answer is below

Explanation:

The cell membrane is a biological term that describes a form of cell protection, which lies in the middle of the cell interiors and their outer surface. It is sometimes defined as Plasma Membrane.

Hence, in this case, the correct answer is that the major chemical components of the cell membrane are the following

1.  cholesterol

2.  glycolipids

3.  phospholipids

4.  proteins

3 0
3 years ago
Zach is very concerned about how others view him. he spends a great deal of time strategically choosing clothing and other produ
allochka39001 [22]
Impression management is the process he is involving in.
8 0
4 years ago
The process of setting aside money and putting it to work by having it earn interest or dividends or gain value in the equities
Kisachek [45]

Answer:

Saving and investing.

Explanation:

Savings is basically putting aside current money for future use. Investing is committing money to make profit over period of time.

4 0
4 years ago
Blank is the best solution for preventing intoxication
brilliants [131]
Just don't drink ;)
That will prevent intoxication























4 0
4 years ago
Read 2 more answers
According to the text, thinking about your "academic anatomy" preference is a way to:
Mila [183]
Here is the answer that best completes the statement above. According to the given text, when you are thinking about your "academic anatomy", this preference is a way to get a handle on what you feel satisfying and fulfilling. Hope this helps.
3 0
3 years ago
Other questions:
  • Fixed rate mortgage offer: Principal: $170,000 Term: 30 years Interest rate: 4.25%Use this fixed-rate mortgage calculator to hel
    7·1 answer
  • Robert steals a truckload of plasma televisions that belong to Karson Electronics Store. He then resells it to Stu-Mart, which i
    13·1 answer
  • "the two best times to keep your mouth shut are when you're swimming and when you're angry."
    5·1 answer
  • Maria is the sole proprietor of an antique store that she has operated at the same location for the past 16 years. The store ren
    7·1 answer
  • Financing cash flows in the statement of cash flows would include which of the following?
    10·1 answer
  • An initial license is issued in October of 2015. When must the license be renewed in order to prevent expiration?
    13·1 answer
  • At the end of a long meeting with many new people, four people are overheard having a heated conversation. Isabel and Linda are
    7·1 answer
  • If a c corporation is formed on January 1, 2013 what date can it be incorporated?
    5·1 answer
  • Mesquite, Inc. has held-to-maturity debt securities it purchased in 20X1. At December 31, 20X2, the amortized cost basis of the
    8·1 answer
  • A company begins operations in Year 1 and offers a one-year warranty on all products sold. Total appliance sales in Year 1 are $
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!