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Misha Larkins [42]

3 years ago

7

A company purchases land and a building for $300,000. The appraisal attributes a fair market value (FMV) to the land of $180,000

and to the building of $220,000. As a result, the building’s cost will be booked at:____________

1 answer:

ser-zykov [4K]3 years ago

5 0

$700,000 I hope that helps

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Marginal cost is calculated for a particular increase in output by A. multiplying the total cost by the change in output. B. div

Alina [70]

Answer:

B) dividing the change in total cost by the change in output

Explanation:

Marginal cost(MC) is the cost incurred as a result of producing additional units of goods and services. It is calculated by dividing a change in total cost by a change in output.

That is,

Marginal cost(MC)= change in total cost(TC)/ change in output

Total cost(TC): This is the addition of fixed and variable cost in production.

Total cost(TC)= fixed cost (FC)+variable cost (VC)

Fixed cost (FC) are cost that doesn't change during the production process such as buildings, machineries and furniture.

Variable cost (VC) are cost that changes or are used up during production process such as raw materials.

4 0

3 years ago

Read 2 more answers

Two investors have the following pattern of expected returns (Before-Tax Cash Flows): Investment A: Y1: $5,000; Y2: $10,000; Y3:

Arada [10]

Answer:

Investment A = 11.089%

Investment B = 12.772%

Explanation:

The internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested.

The internal rate of return can be calculated using a financial calculator

For investment A,

Cash flow in year zero = -$110,000

Cash flow in year 1 = $5,000

cash flow in Y2 = $10,000

cash flow in Y3 = $12,000

Cash flow in Y4 = $15,000 + $120,000 = $135,000

Irr = 11.089%

For investment B,

Cash flow in year zero = -$120,000

Cash flow in year one = $2,000

cash flow inY2: $4,000

cash flow in Y3: $1,000

cash flow in Y4: $5,000 + $180,000 = $185,000

IRR = 12.772%

To find the IRR using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.

I hope my answer helps you

4 0

3 years ago

A common defense known as _______ arises when a consumer knows that a defect exists but still proceeds unreasonably to make use

melomori [17]

Answer:

The correct answer is: Assumption of the risk.

Explanation:

If the risk inherent in a particular action that caused an injury is knowingly and voluntarily assumed, you cannot sue anyone to recover the damages. Suppose, for example, a situation in which he went to a friend's house and was warned about the use of the back door because the floor cover was seriously damaged and would not support a person's weight on it. If you have decided to ignore the warning and use the back door, the doctrine of risk taking will probably prevent the recovery of injuries sustained by a fall on that floor. The court will decide that you "assumed the risk" of such injury.

4 0

3 years ago

On January 1, 2020, Jacobs Company sells land financed through an $80,000 note, issued by Andress Company. The note is an $80,00

12345 [234]

Answer:

Entries are shown below.

Explanation:

To record the journal entries, we first need to calculate interest payment and principal as per the present value. This is done below:

PV Factor Present Value

Interest Payment $6,400 1.7125 $10,960

Principal $80,000 0.8116 $64,928

$75,888

<u>Journal Entries</u>

Date Particular Debit ($) Credit ($) Working

Jan 1, 2020 Note Receivable 80,000

Discount on Receivable 4,112

Land 75,888

Dec 31, 2020 Cash 6,400

Discount on Receivable 1,948 (8348-6400)

Interest Revenue 8,348 (75888*11%)

Dec 31, 2021 Cash 6,400

Discount on Receivable 2,162 (4279-3600)

Interest Revenue 8,562

(75888+1,948)*11%

Dec 31, 2021 Cash 80,000

Notes Receivable 80,000

7 0

2 years ago

GuDViN [60]

(1) c. Offers a negative-sounding apology

(2) c. Fails to offer a clear explanation

Explanation:

At the closing part of the letter, a negative sounding apology can demoralize the employees.

Hubert should have offered a well-informed explanation without sounding negative.

The letter can be re-written as follows:

Date: May 10

To: All Employees

From: Anne Leller Manager, Classic Car Restoration Inc.

Subject: Three Shelby Mustangs

You all have to work overtime next week because we must have the three 1965 Shelby Mustangs ready for Bruce Willis, one of our best clients.

We need to make sure to use all original engine parts and add a top-of-the-line clear coat on all three cars.

Additionally, the client purchased the original radios for each car, so we should install those too.

I apologize for any inconvenience, unfortunately, I am unwilling to make exceptions to this request at this point of time. However, you will surely receive an additional bonus for working overtime along with your salary.

7 0

3 years ago