Answer:
B
Explanation:
we are to calculate the total land cost recorded in this question;
To get the cost recorded we do the following;
Cost of land recorded = cost of land + commissions + cost of removing existing building - sale of salvaged materials on land
cost of land recorded= 80,000+ 4,800 + 20,000 - 4,000 = $100,800
Answer:
cash used by investing activities 60,000
Explanation:
<u><em>Operating:</em></u>
purchase of inventory (120,000)
<u><em>Investing:</em></u>
acquisition of available-for-sale securities: (60,000)
<u><em>Financing:</em></u>
Issuance of common stock 150,000
Purchase of treasury stock (70,000)
The investing activities will be those which represent a use of cash in securities, shares and note receivables and the cash inflow generate from this investment.
Toooo what? :(((((( uuhhh
Answer:
Operating Margin = EBT / Sales * 100
EBT = EBITA –Amortization - Interest
EBT = $1,611 - $0 - $219
EBT = $1,392
Operating Margin = 1,392 / 16,983 * 100
Operating Margin = 8.2%
Debt to Book Capitalization = Debt / Books Capitalization
Books Capitalization = Debt + Equity + Non Current Deferred tax Liabilities
Books Capitalization = $3,167 + $871 + $554
Books Capitalization = $4,592
Debt to Book Capitalization = 3,167 / 4,592
Debt to Book Capitalization = 69.0%
The amount and character of Susan's gain or loss from the sale is $10,000 capital loss; $20,000 ordinary income.
<u>Explanation:</u>
Susan's share of unrealized receivables is $20,000 ($60,000 unrealized receivables into 1 by 3 interest). Susan will thus in the books record $20,000 of ordinary income and a $10,000 capital gain.
Susan’s share of unrealized receivable is $ 20000. Susan will recognize $20000 of ordinary income and a $10000 capital gain determined as the differnce the option shall be between the total gain of $30000 and the ordinary income of $20000. The answer from the given option is $10,000 capital loss; $20,000 ordinary income.