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navik [9.2K]
3 years ago
9

A building with an appraisal value of $126,112 is made available at an offer price of $155,827. The purchaser acquires the prope

rty for $39,712 in cash, a 90-day note payable for $24,525, and a mortgage amounting to $56,894. The cost basis recorded in the buyer's accounting records to recognize this purchase is a.$116,115 b.$126,112 c.$121,131 d.$155,827
Business
1 answer:
Norma-Jean [14]3 years ago
6 0

Answer:

C

Explanation:

The purchaser acquires the property  for $ 39,712

a 90-day note payable for $ 24,525

a mortgage amounting to $ 56,894

The cost basis recorded in the buyer's accounting records to recognize this purchase = $ 39,712 + $ 24,525 + $ 56,894  = $ 121,131

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________ consist(s) of employees representing various functions of the company, such as R&D, design, production, marketing,
zubka84 [21]

Answer:

Cross functional teams

Explanation:

Cross functional teams is the term which is defined as the groups which are made up of the people from the different functional areas within the company or firm such as the human resources, marketing, sales, customer service and distribution.

Under this teams are effective as each member could address the business decision from different view points.  

Therefore, the cross functional teams are the one which compromise of the employees stating the various company functions.

7 0
3 years ago
Smith Company reported pretax book income of $400,000. Included in the computation were favorable temporary differences of $50,0
Hoochie [10]

Answer:

$10,200

Explanation:

The computation of the deferred income tax expense or benefit is shown below:

Favorable temporary difference = $50,000

Less:  Unfavorable temporary difference -$20,000

Net favorable temporary difference $30,000

We assume the tax rate is of 34%

So, the deferred tax expense is

= $30,000 × 34%

= $10,200

By finding out the net favorable temporary difference and then multiplied with the tax rate we can get the deferred tax expense and the same is shown above

3 0
3 years ago
The average cost of production for a bottle of water in the industry is 0.20 cents while its average price is 0.50 cents. Water
UkoKoshka [18]

Answer: A. It has a competitive advantage in the industry

Explanation:

From the question, we are informed that the average cost of production for a bottle of water in the industry is 0.20 cents while its average price is 0.50 cents and that Water Inc. manufactures the same product for 0.10 cents while its average price is 0.40 cents.

The scenario shows that Water Inc has a competitive advantage in the industry. This is seen as the bottle of water is produced at a cheaper cost wen compared to its rivals.

7 0
3 years ago
________ means that service quality depends on the quality of buyer-seller interaction during the service encounter.
Anika [276]

Answer: interactive marketing

Explanation:

Interactive marketing is also referred to as event-driven marketing or trigger based marketing and it simply has to do with using an effective communication which is two-ways to enable the consumers connect directly with a company.

Interactive marketing means service quality depends on the quality of buyer-seller interaction during the service encounter.

3 0
3 years ago
A corporation can earn 7.5% if it invests in municipal bonds. The corporation can also earn 8.40% (before-tax) by investing in p
Lostsunrise [7]

Answer:

A tax rate of 10.71% should make both both indifferent for investors.

Explanation:

the municipal bonds are income-tax free so we should solve for the tax rate which makes both bonds equaly attractive.

0.075 = after-tax rate

0.084 = pre-tax rate

pre-tax (1- t) = after-tax\\0.084 (1-t) = 0.075\\1 - t = 0.075 \div 0.084\\t = 1 - 0.075 \div 0.084\\t = 0.10714285

A tax rate of 10.71% should make both both indifferent for investors.

4 0
3 years ago
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