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likoan [24]
3 years ago
13

A company acquired an office building on three acres of land for a lump-sum price of $3,150,000. The building was completely equ

ipped. According to independent appraisals, the fair values were $1,680,000, $2,800,000, and $1,120,000 for the building, land, and equipment, respectively. At what amount would the company record the building
Business
1 answer:
Furkat [3]3 years ago
6 0

Answer:

$1,680,000

Explanation:

Based on the information given we were told that the fair value of the building was the amount of $1,680,000 which means that the amount that the company would record the building is the fair value amount of $1,680,000.

Therefore the amount that the company would record the building is $1,680,000.

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When looking for capital, bankers and other lenders will usually feel most comfortable investing in a/an
lilavasa [31]
Existing business with a proven record. When you ask for investments, the lending institution will most definitely ask for your financial track record. They would want to know if you are a good paymaster because they will need the assurance that you can pay them back. Even if you have a really original idea and want to start a new business, there will still be some reservation if you have no track record because the lenders do not know if you are trustworthy or not. Unlike if you already have a proven record that you are a good paymaster, then you at least have proof that you can pay back. 
7 0
3 years ago
Tortilla chips are most likely _____ products, since they are purchased with little shopping effort.
liubo4ka [24]
Tortilla chips are most likely Convenience <span>products since they are purchased with little shopping effort.
Convenience products refer to the type of products that bought by the customers without proper plannings Usually these type of products are cheap, fast to consume, and ordered in a pretty large quantity., </span>
3 0
3 years ago
Which e-business model is used by walmart &amp; pepsi companies through their supply chain management process?
gavmur [86]

<u>Collaborative planning, forecasting, and replenishment (CPFR)</u> e-business model is used by Walmart & Pepsi companies through their supply chain management process.

Supply chain management is the practice of integrating supply and demand management across all of the many participants and channels in the supply chain so that they cooperate as effectively and efficiently as possible. Three main advantages of effective supply chain management for a business.

For any firm, supply chain management is essential because doing it properly can have a number of positive effects; on the other hand, doing it poorly can lead to highly costly delays, quality problems, or reputational damage. If vendors or processes are not compliant, inadequate supply chain management may occasionally result in legal problems as well.

To know more about supply chain management

brainly.com/question/14464030

#SPJ4

5 0
2 years ago
what you would do if, in an interview for a merit position, you were asked your political party affiliation. What would you do i
Igoryamba

Answer:

1. Political affiliation is a right for any human being then you should show the command of the position you are applying to instead of agreement to political views.

2. That is information that is detailed in your Curriculum Vitae.

3. You could state that you are not any under obligation to disclaim your political party affiliation.

4. As the objective is to select the candidate that fits the challenges of the position but nobody is ever a perfect match for a job as interest such as salary, schedule, are open to negotiation

Explanation:

7 0
3 years ago
the authors cited statistical evidence that the price elasticity of demand for royal crown cola is -2.4, and the price elasticit
Mekhanik [1.2K]

Answer:

royal crown cola

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price  

 If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.  

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded

both companies have an elastic demand because their coefficient of elasticities is greater than 1. Coke has a higher elasticity as a result, consumers would respond sharply to changes in price. this makes them enjoy less brand loyalty when compared with royal crown cola that has a lower elasticity of demand

8 0
3 years ago
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