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inessss [21]
3 years ago
5

If a company is considering the purchase of a parcel of land that was acquired by the seller for $102,000, is offered for sale a

t $184,000, is assessed for tax purposes at $112,000, is recognized by the purchaser as easily being worth $174,000, and is purchased for $171,000, the land should be recorded in the purchaser's books at:
Business
1 answer:
Darya [45]3 years ago
5 0

Answer:

$171,000

Explanation:

Fixed assets should be recorded in the books of purchaser at [Actual cost of purchase + Additional expenses incurred related to purchase}. Here, land was purchased for $171,000. and no other additional expenses given. so it should be recorded at $171,000

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Ryan, a professional bass fisherman, is trying to determine which lure is most effective on wakeby lake—the plastic worm he norm
alexandr402 [8]

The answer is<u> "The plastic worm".</u>

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The Plastic Worm is the Best Single Bait for Catching the Most Fish, for the Most People, Most Consistently, as per proficient anglers. Experts have said that no other bait gives the fisher a superior opportunity to get angle. This end is bolstered by reports that the Plastic Worm has assumed a part in more competition wins than some other trap or bait.  


8 0
4 years ago
Activity-based management (ABM) is defined as: The implementation of an activity-based costing system in a service company, such
dimaraw [331]

Answer:

The identification and selection of activities to maximize the value of the activities while minimizing their cost from the perspective of the final consumer of the product or service

Explanation:

Activity-based management (ABM) is defined as the identification and selection of activities to maximize the value of the activities while minimizing their cost from the perspective of the final consumer of the product or service

5 0
3 years ago
Consider two bonds, a 3-year bond paying an annual coupon of 5% and a 10-year bond also with an annual coupon of 5%. Both curren
Schach [20]

Answer:

Bond Price = $875.6574005 rounded off to $875.66

Explanation:

To calculate the price of the bond today, we will use the formula for the price of the bond. We assume that the interest rate provided is stated in annual terms. As the bond is an annual bond, the coupon payment, number of periods and annual YTM will be,

Coupon Payment (C) = 1,000 * 0.05  = $50

Total periods (n) = 3

r or YTM = 0.10

The formula to calculate the price of the bonds today is attached.

Bond Price = 50 * [( 1 - (1+0.10)^-3) / 0.10]  + 1000 / (1+0.10)^3

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8 0
3 years ago
The Alpine Shop is a store that specializes in selling equipment for camping and other outdoor activities. The store has many em
Ipatiy [6.2K]

Answer:

d) information utility

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Based on the information provided within the question it can be said that the type of utility created by the efforts of the employees is information utility. This refers to individuals moving information about the good and bad features that the company sells in order to provide utility to the store and hopefully garner more customers to increase sales.

7 0
4 years ago
E-Gadgets is a chain of electronics stores that specializes in devices and gadgets incorporating cutting-edge technologies. The
IgorLugansk [536]

Answer:

The correct option is C) place utility

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Place utility is the utility which is created for a product by making that product available to near by locations of the customers so that they can easily get access to those products. Same strategy is being applied in the question by E-gadgets , who are making their stores available to such locations , where their customers ( upper middle class and wealthy neighborhoods) can get access to the products easily( less than 15 minutes in the given case).

5 0
3 years ago
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