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lesya692 [45]
3 years ago
15

Amble Inc. exchanged a truck with a book value of $12,000 and a fair value of $20,000 for a truck and $5,000 cash. The exchange

has commercial substance. At what amount should Amble record the truck received
Business
1 answer:
anygoal [31]3 years ago
3 0

Answer:

$20,000

Explanation:

Based on the information given about Amble Inc the amount that Amble should record the truck received should be $20,000 because the book value is the amount of $12,000.

Secondly since we were told that the exchange has commercial substance which means that the amount of $20,000 which is the fair value of the truck which the buyer is willing to buy from the seller should be the amount that Amble should record the truck received .

Therefore Amble should record the truck received at the amount of $20,000

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2) Percentage of the typical consumer budget spent on the item.

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Knowing how to report injuries/illnesses, seeing the annual summary, and what else are all worker rights related to injury and i
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3 years ago
The term "content adjacency" refers to __________.
ioda

Answer:

The correct answer is the third option: a concern that an advertisement will run near offensive material, embarrassing an advertiser and/or degrading their products or brands.

Explanation:

To begin with, the concept of <em>''content adjancency''</em> is known as the problem that many companies nowadays faces due to the new social networks that keep growing evey year. It consists in the situation where an advertiser or firm's concern is with the fact that if the advertisement will run near offensive material such that the company's name will suffer disadvantages due to the fact that their advertisement will be in those places and people might tend to relate them.

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Miracle Company purchased treasury stock with a cost of $15,000 during 2013. During the year, the company paid dividends of $20,
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Explanation:

Solution

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