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emmasim [6.3K]
3 years ago
8

Determine the starting current (LRC)

Business
1 answer:
Kay [80]3 years ago
7 0

Answer:

because of the english had araling panlipunan filipino edukasyon sa pagkatao music because

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Harding Corporation acquired real estate that contained land, building and equipment. The property cost Harding $1,235,000. Hard
olya-2409 [2.1K]

Answer:

The value recorded for the building = $140,000

Explanation:

From the appraisal of the property, the following information is given:

Value of land = $296,000

Value of building = $880,000

value of equipment = $584,000

Total = 296,000 + 880,000 + 584,000 = $1,760,000

Next, we will calculate the percentage of the total value allocated to the building as follows:

Percentage allocated to building = (value of building ÷ total value) × 100

= (880,000 ÷ 1,760,000) × 100

= 0.5 × 100 = 50%

Next, since we now know that the building takes 50% of the property cost, and since $280,000 was paid, the value recorded for building will be 50% of the $280,000 paid, and this is calculated as follows:

value recorded for building = 50% of 280,000

= 50/100 × 280,000 = 0.5 × 280,000 =  $140,000

6 0
3 years ago
Through which method of involuntary alienation may the government take private land for public use?
Oduvanchick [21]

<u>Eminent domain</u><u> is the </u><u>governments</u><u>' power to take private land for public use.</u>

Which of the following is an involuntary alienation of property?

  • Involuntary Alienation. Involuntary alienation is the transfer of real estate by law and without the owner's consent.
  • There are 4 methods by which this is accomplished: foreclosure, eminent domain, adverse possession, and by escheat.

Which of the following is an involuntary alienation of property?

A grantor does not wish to be responsible for defects in the title that arise from previous owners but will guarantee the title for the time the grantor has the ownership.

What is involuntary alienation ?

Involuntary Alienation. Involuntary alienation is the transfer of ownership without consent and control of the owner.

Learn more about Involuntary Alienation

brainly.com/question/14675036

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8 0
1 year ago
A firm expects to sell 25,500 units of its product at $11. 50 per unit and to incur variable costs per unit of $6. 50. total fix
Afina-wow [57]

A firm expects to sell 25,500 units of its product at $11. 50 per unit and to incur variable costs per unit of $6. 50. total fixed costs are $75,000. the total contribution margin is $127500.

The contribution margin is computed as the promoting rate per unit, minus the variable fee in keeping with the unit. additionally referred to as greenback contribution in keeping with the unit, the measure shows how a specific product contributes to the general profit of the organization.

The closer a contribution margin percentage, or ratio, is to 100%, the better. The better the ratio, the more money is available to cowl the commercial enterprise's overhead expenses or fixed prices. However, it is more likely that the contribution margin ratio is well below one hundred%, and possibly beneath 50%.

Contribution margin, or greenback contribution per unit, is the selling rate per unit minus the variable price in step with the unit. "Contribution" represents the part of sales revenue that is not consumed through variable expenses and so contributes to the coverage of constant fees.

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7 0
1 year ago
Which of the following explains why a company’s book value as reported in the balance sheet may not equal the company’s market v
kondaur [170]

Answer:  "I. Many assets are measured at their historical cost rather than amounts for which the assets could be sold."  explains why a company’s book value as reported in the balance sheet may not equal the company’s market value.

Explanation: Normally non-current assets (fixed assets) are valued at their historical acquisition cost, therefore the difference between the market value and the book value of a company occurs

5 0
3 years ago
Activity rates from Quattrone Corporation's activity-based costing system are listed below. The company uses the activity rates
MrRissso [65]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

The company uses the activity rates to assign overhead costs to products:

Processing customer orders $96.63 per customer order

Assembling products $2.45 per assembly hour

Setting up batches $58.89 per batch

Last year, Product F76D involved 9 customer orders, 436 assembly hours, and 26 batches.

Allocated overhead= 9*96.63 + 436*2.45 + 26*58.89= $3,469.01

4 0
3 years ago
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