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leonid [27]
3 years ago
11

A company acquired an office building on three acres of land for a lump-sum price of $2,450,000. The building was completely equ

ipped. According to independent appraisals, the fair values were $840,000, $840,000, and $1,120,000 for the building, land, and equipment, respectively. At what amount would the company record the building?
Business
1 answer:
galina1969 [7]3 years ago
7 0

Answer:

$735,000

Explanation:

The fair values of the assets may be used as a basis for determining the amount to be recorded for each of the assets.

This will be in a proportional manner such that the higher the fair value, the higher the actual cost assigned and vice versa to the asset.

Hence the amount to be recorded for the building

= 840,000 / (840,000 + 840,000 + 1,120,000) * $2,450,000

= $735,000

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LenaWriter [7]

The key source of the development requests likely to be generated to  Information system managers. Therefore the correct option is (D).

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The Information system of Management refers to the management of the data, facts, figures or information of the system in the computer by the organizations.

According to the above scenario, The system development team is focusing on the adopting the operating environment system which is adopted by the Information system managers

Therefore the correct option is (D).

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8 0
2 years ago
You're on a social media team for a outdoors brand called Appalachia. They've decided to revitalize their Pinterest account and
Lapatulllka [165]

Inbound marketing is the process of coordinating and facilitating potential customers to find a particular company.

An outdoor brand called Appalachia can revitalize its Pinterest account and engage its customers on the platform by streamlining content creation:

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Therefore, inbound marketing can greatly benefit from a streamlined content creation process that attracts and engages a sustained customer base of a company.

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3 0
2 years ago
Transactions processing systems monitor, collect, store, and process data generated from all business events. Select one: True F
Radda [10]

Answer:

TRUE

Explanation:

For example: consider a video game store where a customer comes in to buy a product then pay for it at the checkout counter. The staff goes to take the similar product from the store room and replaces it on the shelve. When the stock runs low, new products are ordered.

All the processes above involve the collection, storing and processing of the  the product and the system that monitors those process is known as Transaction Processing System.

4 0
4 years ago
Which of the following is an example of an operational risk for a company that manufactures automobiles?A. A state tax increase
Vedmedyk [2.9K]

Answer:C. Damage to completed cars held on a storage lot

Explanation:

Operational risk are the hazards and the uncertainties that are faced by companies in the day to day activities. It may be caused as a result of system failure or manufacturing components.

An example of operational risk for a company that manufactures automobiles would be damage to completed cars held on a storage lot.

7 0
3 years ago
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NemiM [27]

Answer:

This is false.

Explanation:

The statement in the question interchange the meanings of the two terms. The correct definitions are therefore given as follows:

Libel is can be described as a written or published false statement about another person that damages their reputation unjustly.

Slander refers a spoken false statement about another person that damages their reputation unjustly.

Based on the definitions above, the statement in the question can be correctly rewritten as follows:

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5 0
3 years ago
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