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Lerok [7]
3 years ago
7

On October 1, 20X1, a company purchased a piece of land by agreeing to pay the seller $450,000 in two years. If the company had

borrowed the money from a bank to pay the seller immediately, management estimates the bank would have required interest of 9%. For what amount should the company record the land on the date of purchase (rounded to the nearest dollar)?
a. $450,000.
b. $412,844.
c. $378,756.
d. $369,000
Business
1 answer:
erma4kov [3.2K]3 years ago
4 0

Answer:

$378,756

Explanation;

The net present value of land will be =$450,000/1.09^2=$378,756

The land will be recorded in net present value of land by discounting the cost of land with interest rate of buying from the bank.

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A(n) _____ is a business that is based primarily in a single country but acquires some meaningful share of its resources or reve
NeTakaya

Answer: International business

Explanation:

 The international business is the term that is refers to the trade of the various types of products, technology and the services at international level.

The internal business encompasses all the activities as it is promoting the various types of ideas about the resources, products, revenue and the technologies across the international boundaries.

According to the given question, the international business is basically  acquired the various types of resources from the other countries easily and more efficiently.

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3 years ago
when perfectly competitive firm X sells three units of product Z, its marginal revenue is $4.67. when it sells one hundred units
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Answer:

B) $4.67

Explanation:

By definition marginal revenue is the revenue generated by the sale of one more unit of product Z.

Marginal revenue = unit price

Since firm X participates in a perfectly competitive market, it is a price taker, and since the marginal revenue is constant, we can assume that this is the equilibrium price of product Z.  

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Rosalie is a rather easy-going kind of woman. she works hard when she's at the office, but she refuses to do more than 40 hours
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3 years ago
Russell was determined to make a big change in the thought process behind police officer roles in communities. What were some of
harkovskaia [24]

Explanation:

Area = Area of sides + area of semicircle thing

= (2*0.21*0.31) + (2*0.31*0.61) + (0.21*0.61) + ( 3.14*0.105*0.61) + (3.14*0.105*0.105) = 0.872 m^2

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A required reserve ratio of 7 percent gives rise to a simple deposit multiplier of?
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<h3>What is reserve ratio?</h3>

The reserve ratio is the percentage of reservable liabilities which commercial banks must keep rather than lend or invest. This is a requirement set by the country's central bank, which is the Federal Reserve in the United States. It is also referred to as the cash reserve ratio.

Some key points related to reserve ratio are-

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  • Regulation D of the Federal Reserve Board establishes the reserve ratio.
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