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AleksAgata [21]
3 years ago
14

Marigold Inc. purchased land at a price of $29,900. Closing costs were $2,650. An old building was removed at a cost of $12,030.

What amount should be recorded as the cost of the land
Business
1 answer:
kiruha [24]3 years ago
5 0

Answer:

$44,580

Explanation:

Given that ;

Purchased price = $29,900

Closing costs = $2,650

Cost of removing old building = $12,030

The amount that should be recorded as the cost of the land

= Purchased price + Closing costs + Cost of removing the old building

= $29,900 + $2,650 + $12,030

= $44,580

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The best response to the chicken tactic is to challenge the other party by responding with one's own chicken tactic, thereby cal
goblinko [34]

Answer:

B) False

Explanation:

The chicken tactic is a combination of a huge deceit or bluff about what you really want or need, and a threat to do something usually not very normal or rational. The whole idea is to try to force the other negotiating party to chicken out and surrender to your requests. Both a chicken tactic and a hardball tactic are designed to take advantage of the other party.

The problem with using a chicken tactic is what happens if the other side calls the bluff, will the threat be real or not, and what position will the other side hold. For example, an employer negotiating wage increases with a union, if the employer threats to close the factory and the other party tells him/her to go on and close it, what will be the result. This type of negotiating tactic can result in huge problems.

8 0
3 years ago
Respond to the following short answer prompt: Imagine you are a lead social science researcher and are responsible for approving
GarryVolchara [31]

Answer:

Answer is given in the explanation

Explanation:

1. Racial predisposition; this research violates very basic ethical code of racial discrimination. There is no way that a researcher can be allowed to target a specific group of people based on their biological race.  This type of discrimination hinders the authenticity of research  and have far reaching repercussions for the target group as well as the whole society.

2. Electroshock therapy; this research’s target population is preteens and adolescents, experimenting such an extreme punishment on them has no justification. This causes direct harm to the children. Besides the electroshock are used on chronic psychic patients not on general public not even adults let alone the preteens.  

3. Health Problems, Diet, and Socioeconomic Status; this research proposal is better than the previous two proposals but it has some ethical regarding the consequences of the publicly published findings. Rather it would be more effective to keep these findings to the policy makers and work for the betterment of the lower status peoples so that they can also eat healthy diet.

6 0
4 years ago
If the natural rate of unemployment was 5 percent, the current unemployment rate was 6 percent, and potential GDP was $4,000 bil
Georgia [21]

Answer:

$80 billion

Explanation:

Okun law equation: GDP gap = Actual GDP * ((Unemployment rate - Natural rate)/100)*2)

GDP gap = $4,000 * ((6-5)/100*2)

GDP gap = $4,000 * 0.02

GDP gap = $80 billion

Therefore, $80 billion in an output level thus, would be what the economy would have sacrificed.

7 0
3 years ago
Technique Co. has equipment with a carrying amount of $1,600,000. The expected future net cash flows from the equipment are $1,6
Delvig [45]

Answer:

a. No impairment should be reported

Explanation:

In the given situation, we compare the expected future net cash flows and the higher value of book value and fair value.

The comparison is shown below

Since the expected future net cash flows from the equipment i.e $1,630,000 is more than the book value of equipment $1,600,000. The value comes in negative

So, no impairment loss would be recognized

3 0
3 years ago
Question 6 of 10
AlexFokin [52]

Answer:

C. A price reduction that a producer gives to resellers to encourage

them to promote products

Explanation:

bcuz that's what advertising allowance is

3 0
3 years ago
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