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
Lelu [443]
3 years ago
15

Sage Inc. purchased land, building, and equipment from Laguna Corporation for a cash payment of $384,300. The estimated fair val

ues of the assets are land $73,200, building $268,400, and equipment $97,600. At what amounts should each of the three assets be recorded
Business
1 answer:
maria [59]3 years ago
3 0

Answer: See explanation

Explanation:

The following can be calculated from the information given:

Total Asset Fair Value which will be:

= Land + Building + Equipment

= 73200 + 268400 + 97600

= $439200

Recorder Amount will now be:

Land = 73200 / 439200 × 384300

Land = 64050

Building = 268400 / 439200 × 384300

Building = 234850

Equipment = 97600 / 439200 × 384300

Equipment = 85400

You might be interested in
TO: All Employees SUBJECT: New Accounting Supervisor at KBL Toys, Starting August 4
satela [25.4K]
Uh maybe it quiero be
7 0
3 years ago
Read 2 more answers
No entries shall be allowed for district meets which are not submitted to the director on or before the ____ day before the firs
allochka39001 [22]

No entries shall be allowed for district meets which are not submitted to the director on or before the fifth day before the first day of the meet.

<h3><u>What is the role of a director?</u></h3>
  • An organization's directors play a crucial role in governance on behalf of its shareholders or members.
  • The legal obligations that each Director must uphold during their tenure are outlined in various pieces of legislation. However, Directors are also held personally responsible for exceeding 700 more laws and legal standards.
  • Each director must acknowledge and support the following standards of conduct:
  • To accept personal accountability for contributing objectively and without regard to one's own interests to the Board's choices.
  • To proactively seek out sufficient knowledge about the organization's operations.
  • To constructively contribute to the formulation of pertinent organizational policies.
  • To give the organization's long-term strategies solid support.

In order to encourage good governance and guarantee that each director acts in the interests of the company's stakeholders, the legally based director duties were created. 

Know more about Directors with the help of the given link:

brainly.com/question/14279294

#SPJ4

8 0
1 year ago
A milestone is a typical measuring point used when establishing cost control. Which of the following DOES NOT accurately describ
KiRa [710]

Answer:

d. Milestones are developed during risk planning.

Explanation:

A milestone is a typical measuring point used when establishing cost control. Which of the following does NOT accurately describes the use of cost control milestones?Select one:a. Project managers and sponsors often decide the number of milestones jointly.b. Milestones are often identified in the project charter.c. Project managers can use their cash flow projections to determine the funding needed to reach each milestone.d. Milestones are developed during risk planning.

<u>ANSWER</u>

It is not correct that milestones are developed during risk planning but rather they are developed during Project budgeting where the deliverables are identified in terms of the cost to achieve them. Truly as stated in the scenario's options, Project managers can use their cash flow projections to determine the funding needed to reach each milestone. It is in the project planning phase that these milestones are established by Project managers and sponsors jointly.

5 0
3 years ago
The purpose of a financial intermediary is to help channel funds
Triss [41]

Answer:

a. from one banks to another

Explanation:

3 0
3 years ago
Stag Corp. will pay dividends of $4.75, $5.25, $5.75, and $7 for the next four years. Thereafter, the company expects its growth
Natalka [10]

Answer:

$69.41

Explanation:

Given that

D1 = 4.75

D2 = 5.25

D3 = 5.75

D4 = 7

g = 7% or 0.07

R = 15% or 0.15

Therefore,

D5 = D4 (1 + g)

= 7 × 1.07

= 7.49

Also,

P4 = D5/g × R

= 7.49/0.15 × 0.07

= 93,625

Thus,

P0 = 4.75/1.15 + 5.25/(1.15)^2 + 5.75/(1.15)^3 + 7/(1.15)^4 + 93.625/(1.15)^4

= $ 69.41357

Approximately

= $ 69.41

4 0
3 years ago
Other questions:
  • The trend in the poverty rate since the mid 1960's___________.
    9·1 answer
  • Wilson is offered a job in Kansas City that pays $50,000 and a job in Dallas that pays $60,000. Which pair of CPIs would ensure
    6·1 answer
  • 3M Co. reports beginning raw materials inventory of $986 million and ending raw materials inventory of $928 million. 3M purchase
    8·2 answers
  • Consider Pacific Energy Company and U.S. Bluechips, Inc., both of which reported earnings of $961,000. Without new projects, bot
    13·1 answer
  • Abc company sells 4,530 chairs a year at an average price per chair of $175. the carrying cost per unit is $39.27. the company o
    15·1 answer
  • Marigold Corp. reported the following year-end information: beginning work in process inventory, $90000; cost of goods manufactu
    8·1 answer
  • A project to build a new bridge seems to be going very well since the project is well ahead of schedule and costs seem to be run
    8·1 answer
  • Tinker Company reported sales revenue of $500,000 and total expenses of $450,000 (including depreciation) for the year ended Dec
    9·1 answer
  • what occurs when the free market is not able to allocate resources and goods and services efficiently​
    14·1 answer
  • An increase in government spending raises income: a. and the interest rate in the short run, but leaves both unchanged in the lo
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!