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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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An investment adviser representative who makes extensive use of third-party research to formulate portfolio recommendations to c
tiny-mole [99]

Answer: A) need not disclose that fact to the clients

Explanation: An investment adviser representative need not disclose the fact that he/she uses third-party research to formulate portfolio to the clients and the reason is this: It is not necessary to disclose what sources an  investment adviser representative uses as the basis for portfolio recommendations, and thus is never in violation of his fiduciary responsibility. However, if the third-party research used is to be distributed to his clients, then, proper attribution is required.

5 0
3 years ago
1. assets for lincoln company totaled $13,000, liabilities totaled $1,000, and stockholders' equity totaled $12,000. what is the
Fittoniya [83]

The ratio of liabilities to stockholders' equity is 0.083.

<h3>What is the ratio of liabilities to stockholders' equity?</h3>

Liabilities are future benefits that would have to be sacrificed in the future by an entity to other entities as a result of past transactions. An example of liability is account payable.

Stockholder's equity is the difference between assets and liabilities. Assets are resources that can be used to increase the value of the firm.  An example of an asset is account receivable.

The ratio of liabilities to stockholders' equity can be determined by dividing liabilities by stockholders equity.

The ratio of liabilities to stockholders' equity = liabilities / stockholders' equity

1000 / 12,000 = 0.083

To learn more about liabilities, please check: brainly.com/question/26513242

#SPJ1

5 0
1 year ago
Other dividend policy issues
umka2103 [35]

Answer:

1.

<u>Net income increases</u><em>. - </em>Ability to pay Dividends increases.

Dividends are paid from Retained Earnings which are derived from Net Income. If Net income increases therefore, so does the ability to pay Dividends.

<u>More profitable investment opportunities are available</u> - Decreases Ability to pay Dividends.

If there are more profitable opportunities for investment available, the business will invest in those opportunities. By doing so they will reduce the amount of cash that they have which is cash that could have been paid as dividends.

<u>The firm increases its debt ratio</u>. - Ability to pay Dividends Increase

As a result of the company borrowing more money, there will be more money left to pay out dividends so more dividends will be paid.

2. A. Despite the fact that Dernham Burnham Inc.'s earnings tend to fluctuate from year to year, the company most likely pays a predictable, stable dividend each year.

Companies like Dernham that aim to please investors usually adopt a predictable, stable dividend policy every year so that the investors will have more faith in them and be sure of earnings every year. This will give them a higher rating with the investors.

4 0
4 years ago
What is the key concern of engineering economics? Question 2 options: Costs and revenues in engineering decisions accrue over pe
jok3333 [9.3K]

Answer:

The correct answer is letter "A": Costs and revenues in engineering decisions accrue over periods of years.

Explanation:

Engineering Economics is a field that allows managers to make decisions effectively thanks to the application of engineering techniques to economics. Those approaches are mainly associates with cost allocation determining if a company is assigning expenses efficiently at the point of being able to save money after conducting its operations given a determined period.

8 0
3 years ago
Best Value Hardware Stores, a national chain, has established strict policies about the conditions under which a customer can re
TiliK225 [7]

Answer:

business rules

Explanation:

Business rules define how a business will execute a certain process. For example, establishes the conditions where products can be delivered without any extra charge or fee: if the purchase amount is over $500, or within a 5 mile radius.

It establishes the parameters at which the business will operate. An employee should always be able to determine if a business rule allows or not a process to be performed, no gray areas should exist. Following with our previous example, if the purchase adds up only $450, then a delivery fee should be charged, or if the customer lives 7 miles away.

7 0
3 years ago
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