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JulijaS [17]
3 years ago
5

Anya owns land with an adjusted basis of $305,000, subject to a mortgage of $175,000. Anya sells her land subject to the mortgag

e for $325,000 in cash, and a note for $300,000. What is Anya's amount realized on this sale
Business
1 answer:
Readme [11.4K]3 years ago
8 0

Answer: $800,000

Explanation:

Alice's realized amount from the sale is a sum of all the amounts that the seller gets it for as well as any mortgages assumed.

Alice therefore realized:

= Mortgage assumed by seller + Cash + Note

= 175,000 + 325,000 + 300,000

= $800,000

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The value of an investment increases by 0.05 % each day. by what percent does it increase in a year?
iVinArrow [24]
18.25%

0.05% x 365 (days in a year) 

5 0
3 years ago
Before year-end adjusting entries, Dunn Company's account balances at December 31, 2020, for accounts receivable and the related
navik [9.2K]

Answer:

Option (B) is correct.

Explanation:

Given that,

Accounts receivables = $1,500,000

Allowance for doubtful accounts = $90,000

Expected uncollectibles = $125,000

The collection of accounts receivables after the adjustment for bad debt expense is determined by deducting the expected uncollectibles from the total amount of accounts receivables.

Accounts receivable amount expected to be collected after adjustment for bad debt expense:

= Accounts receivables - Expected uncollectibles

= $1,500,000 - $125,000

= $1,375,000

7 0
3 years ago
Why is it necessary for a plant cell to differ from an animal cell
Brilliant_brown [7]
Plant cells having giant vacuoles which help them store more water than an animal cell. They also have chloroplasts allowing them to photosynthesize and make food, animal cells don't need chloroplasts. And lastly they have a cell wall which helps keep plant cells turgid or sturdy so they don't take in too much water and burst.<span />
4 0
3 years ago
Explain instances which render leadership unnecessary
Scilla [17]

Leadership is not needed when:

  • It will make processes inefficient due to time wasting
  • It is being used to oppress people
  • Subordinates don't need leadership

Leadership is usually quite good as it can galvanize subordinates to be better workers due to better organization as well as inspiration.

There are instances where it is not needed however such as when:

  • It slows down processes - sometimes leaders will need to give permission for a subordinate to do something. If this thing is time conscious and the leader is not available to give their ascent, the whole process could suffer.

  • It oppresses people - when a leader is an oppressive one and acts in such a way that their subordinates suffer, that leadership is not needed.

  • Subordinates are fine without it - sometimes workers have the necessary skills and experience to operate independently without a leader. In such a case, a leader is not needed.

In conclusion, while a leader is quite important in many ways, there can be situations where it is best that they are not used.

<em>Find out more at brainly.com/question/24150490.</em>

3 0
2 years ago
Alan krueger conducted a survey of fans at the 2001 super bowl who purchased tickets to the game for​ $325 or​ $400. krueger fou
Gekata [30.6K]
These results are evidence of "<span>the endowment effect".</span>

The endowment effect<span>, in behavioral finance<span>, portrays a situation in which an individual qualities something that they officially possess more than something that they don't yet claim. Studies have indicated over and again that individuals will esteem something that they effectively claim more to a comparable thing they don't possess. It doesn't make a difference if the thing being referred to was bought or gotten as a gift, the impact still stays.</span></span>

5 0
3 years ago
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