Answer:
$326,000
Explanation:
Data provided in the question
Three year ago land purchased value = $276,000
Appraisal value at the time of donation = $326,000
Based on the above information, the amount that should be recorded is equal to the appraisal value i.e $326,000 as per GAAP and IFRS if the company should received any donation with related to land so it should be recorded at fair value rather than historical cost
Answer:
Opportunity costs
Explanation:
An advantage, benefit, or benefit of something that must be offered up to obtain or accomplish something different. Since each resource can be put to elective uses, each activity, decision, or choice has a related open opportunity cost.
for instance, you invest energy and cash going out to see a film, you can't invest that time at home perusing a book, and you can't spend the cash on something different.
Answer:
Letter d is correct. <u>Employees, management, customers, owners, suppliers and local community.</u>
Explanation:
Stakeholders is a strategic audience of the organization, ie, it is the set of company stakeholders that encompass the internal and external organizational environment. They are the employees, management, customers, owners, suppliers and local community.
It is essential for the company to know its audience, what their motivations, perceptions and values are, as they are responsible for business motivations and organizational success in the short and long term.
Organizational actions and policies will directly influence stakeholders, and the ideal is for the company to implement corporate governance practices to positively influence its audience and ensure competitive and strategic market advantages.
Answer:
The answer is: 1) II > I > III
Explanation:
<u>Pricing scheme I: $2 million profit</u>
- Price $150,000
- Contribution margin = $150,000 - $50,000 = $100,000
- 35 units sold x $100,000 = $3.5 million
- profit = $3.5 million - $1.5M = $2 million
<u>Pricing scheme II: 2.25 million profit</u>
- Price $200,000
- Contribution margin = $200,000 - $50,000 = $150,000
- 25 units sold x $150,000 = $3.75 million
- profit = $3.75 million - $1.5M = $2.25 million
<u>Pricing scheme III: $1.5 million profit</u>
- Price $250,000
- Contribution margin = $250,000 - $50,000 = $200,000
- 15 units sold x $200,000 = $3 million
- profit = $3 million - $1.5M = $1.5 million
The answer is Joint Venture. It is the agreement or the business arrangement of two or more companies that agrees to share resources for a specific purpose without loosing their identities. The companies will share expenses, looses and profit associated with the venture but their other business interest will remain separate.