1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dybincka [34]
3 years ago
15

Case A.

Business
1 answer:
MA_775_DIABLO [31]3 years ago
3 0

Answer:

Kapono Farms

Case A:

a. The loss that Kapono would recognize on the exchange is:

= $6,600.

The initial value of the new tractor is:

= $38,900.

b. The gain that Kapono would recognize on the exchange is:

= $6,500.

The initial value of the new tractor, if cash payment of $29,000 was made, would be:

= $52,000.

Case B:

c. The amount of gain that Kapono would recognize on the exchange is:

= $245,000.

The initial value of the new land is:

= $790,000.

d. The amount of the loss that Kapono would recognize on the exchange of land is:

= $109,000.

The initial value of the new land is $495,000, if payment of $59,000 is made.

e. If the exchange lacked commercial substance, there is no gain or loss.

The initial value of the new land would be the book value of the old farmland, which is:

= $545,000.

Explanation:

a) Data and Calculations:

Book value of old tractor = $16,500     $16,500

Fair value of old tractor =       9,900      23,000

Loss from the exchange =   $6,600       -6,500

Value of new tractor

Fair value of old tractor =     $9,900   $23,000

Cash payment to complete 29,000     29,000

Value of new tractor          $38,900   $52,000

Case B:

Book value of farmland = $545,000   $545,000

Fair value of farmland =      790,000     436,000

Gain from exchange =      $245,000   $109,000

Value of New Farmland:

Fair value of old farmland $790,000  $436,000

Cash payment to complete   59,000      59,000

Value of new farmland =   $849,000  $495,000

You might be interested in
Last year, Sams swimming pool cleaning had a gross profit of $105,355 and net income of $72,010. Calculate sams operating expens
Sindrei [870]
The answer is B. You subtract the profit and income and you should get 33,345.
6 0
3 years ago
U.S. businesses and those of other countries are seeking to expand around the world for many reasons. Which of the following is
Andrews [41]

Answer:

C

Explanation:

An increase in underdeveloped countries cannot be the reason why businesses would expand abroad because there wont be as much potential buyers in underdeveloped economies as they have very low capita income and most of the residents live in very poor conditions. But however other options are valid because favorable trade agreements and developed transportation and IT makes the international trade easy and beneficial to both the buyer and the seller. Moreover, when domestic markets matures, the rate of growth slows down and falls to zero. this is when the businesses want to emerge and find new markets abroad in order to benefit from the trade as in matured market there is less chance for businesses to grow and it becomes risky

4 0
3 years ago
Sleep Tight, Inc., manufactures bedding sets. The budgeted production is for 51,500 comforters this year. Each comforter require
andrezito [222]

Answer:

Total direct labor hours= 77,250

Direct labor cost= $911,550

Explanation:

Giving the following information:

Production= 51,500 units

Standard hours= 1.5 per unit

Standard rate= $11.8 per hour

<u>First, we need to calculate the direct labor hours required:</u>

Total direct labor hours= 1.5*51,500= 77,250

<u>Now, the direct labor cost:</u>

Direct labor cost= 77,250*11.8

Direct labor cost= $911,550

3 0
2 years ago
Granting access to a user based upon how high up he is in an organization violates what basic security premise?
hodyreva [135]

Granting access to a user based upon how high up he is in an organization violates "the principle of least privileges."

As the principle of least privileges states that a person should be given only those privileges that are needed or are necessary to perform a specific job or task and nothing more.

The principle of least privileges states that you assign users the minimum set of privileges which they require to do their jobs, according to their roles.

The principle of least privilege prevents the spread of malware on your network. An administrator or superuser with access to a lot of other network resources and infrastructure could potentially end up spreading malware to all those other systems which he gets access to.

Hence, if the organization grants access to a user based upon how high up he is then the organization violates the principle of least privileges.

To learn more about the least privileges here:

brainly.com/question/27034248

#SPJ4

3 0
1 year ago
You are the CEO of a company that has to choose between making a $100 million investment in Russia or Poland. Both investments p
dlinn [17]

Answer:

Going by the Ease of Doing Business ranking of 2020, prepared by the World Bank, which is perhaps the most reliable ranking to assess business risk in different countries.

Russia has a higher score in the ranking, which means that doing business is less risky there. Poland has particularly high risks in the starting a business category, which means that the mere act of starting the business in Poland might be a risky decision.

Russia has a high risk in trading accross borders, probably because the country is subject to several international sanctions.

If we go only by score, Russia has a higher score, so, as the CEO, you should probably invest there. However, you should avoid investing in Russian companies that try to export abroad, because of the high risks associated with trade in that country.

8 0
3 years ago
Other questions:
  • When managing processes, it is vital that:
    6·1 answer
  • Where is information on storage requirements for the investigational product usually found?
    5·1 answer
  • Among competing firms, a firm’s actions are considered strategic substitutes when: Group of answer choices an increase in one fi
    8·1 answer
  • Employers are not bound by the flsa regarding employees classified as ________ employees.
    15·1 answer
  • One type of manufacturing procedure would be: equipment,
    12·1 answer
  • An advertising executive takes over a Google Search ads campaign. On his Google Ads Recommendations page he notes that the campa
    13·1 answer
  • The following information is available pertaining to Bonita Division, that uses a plant-wide overhead rate based on machine hour
    12·1 answer
  • A sum of money was shared
    12·2 answers
  • (True) or (False)? The most common method companies use is double-declining balance, because it allows companies to recognize fo
    7·1 answer
  • What is a likely trend for social media in the future?
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!