Answer:
Merchant wholesaler
Explanation:
A merchant wholesaler is a business owner that specializes in purchasing goods in large quantities and then sell to other retailers and wholesalers.
Since they purchase their products in large quantities, they have different warehouses in their acquisition. These warehouses are used to store the products.
Merchant wholesalers are very vital in the chain of distribution as they facilitate the smooth movement of goods which takes places between the producers and the retailers.
In the scenario described above, W.W. Grainger is an example of a merchant wholesaler.
International bond that is sold primarily in countries other than the country of the currency in which the issue is denominated.
<h3 /><h3>What is Eurobond?</h3>
A Eurobond is a debt instrument that's denominated in a currency other than the home currency of the country or market in which it is issued.
Eurobonds are frequently grouped together by the currency in which they are denominated, such as Eurodollar or Euro-yen bonds.
Eurobonds are the bonds denominated in a currency other than that of the country in which they are issued.
A bond denominated in Japanese Yen and issued in the UK, or a bond denominated in US dollars and issued in France or the UK are examples of Eurobonds.
To learn more about Eurobond, refer to:
brainly.com/question/26271508
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Answer:
Revenue 2021 = $3,000,000
Revenue 2022 = $0
Explanation:
Given that,
Sold a parcel of land to a construction company = $3,000,000
book value of the land on Apache’s books = $1,200,000
In this case, revenue is identified at a point when the parcel of land is transferred to the construction company.
Therefore, full revenue from the sale of land should be recognized in the year 2021 because the transfer of land occured in 2021 and there will be no revenue reflected in the year 2022.
Revenue 2021 = $3,000,000
Revenue 2022 = $0
Answer:
sure thing
Explanation:
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Password:funnyguy67
Answer:
$433,900
Explanation:
The computation of the capitalized cost of the land is shown below:-
Capitalized cost of the land = Purchase price + Demolition of building + Title insurance + Attorney fee + Property taxes covered during the period - Scrap value from the building
= $420,000 + $12,000 + $900 + ($3,000 - $500) - $1,500
= $420,000 + $12,000 + $900 + $2,500 - $1,500
= $435,400 - $1,500
= $433,900
