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
ololo11 [35]
3 years ago
14

Waterway Inc. and Carla Vista Co. have an exchange with no commercial substance. The asset oiven up by Waterway Inc. has a book

value of $35500 and a fair valiue of 90500. e asset given up by Carla Vista Co. has a book value of $120500 and a fair value of $105500. Boot of $25500 is recelved by Carla Vista Co What amount should Waterway Inc. record for the asset received?
A. $ 90500
B. $105500
C. $120500
D. $81000
Business
1 answer:
Murrr4er [49]3 years ago
8 0

Answer:

B. $105500

Explanation:

Calculation for What amount should Waterway Inc. record for the asset received

Asset received=$90,500+($120,500-$105,500)

Asset received=$90,500+$15,000

Asset received=$105,500

Therefore the amount that Waterway Inc. should record for the asset received is $105,500

You might be interested in
On March 15, a fire destroyed Blossom Company's entire retail inventory. The inventory on hand as of January 1 totaled $5300000.
Svet_ta [14]

Answer:

The value of inventory destroyed=$4,082,000

Explanation:

<em>The value of the inventory destroyed is the difference between the the cost of the total goods available for sale and the cost of goods sold</em>

The value of inventory destroyed = cost of goods available for sale - value of inventory sold

Cost of goods sold = 3540,000 - (20%×  3540,000)= 2,832,000

The cost of goods available for dale = opening inventory + purchases + freight charges

$5300000 + $1432000 +  $182000 = 6,914,000

The value of inventory destroyed = 6,914,000 - 2,832,000 = 4082000

The value of inventory destroyed=$4,082,000

7 0
3 years ago
John is a design engineer working at an auto manufacturer research and development department. In addition to his normal duties,
Alika [10]

Answer:

The correct answer is (a)- Parallel teams.

Explanation:

The majority of the teams in which the manager or boss assigns and directs the work of the team, normally what we see is the so-called "parallel work" in which each team member develops only one functionality planned in the scope of the project . This type of organization gives the administrator the feeling that several of the functionalities are being developed at the same time, which should ensure that the project is not delayed. Well, if we analyze this with a little more care we will see that what happens is exactly the opposite.

4 0
3 years ago
1. Do you think the United States is ethically required to respond to epidemics and other health crises in foreign countries? Wh
alexira [117]

Answer:

yes it is because United States has always been a health crises foreign country

5 0
1 year ago
To create the proper style for an argumentative essay, a writer should
spayn [35]

Answer:

<em>Provide clear statements</em>

<em>The government can pay for projects to create work</em>

Explanation:

3 0
3 years ago
Read 2 more answers
Firms HD and LD are identical except for their level of debt and the interest rates they pay on debt—HD has more debt and pays a
Luden [163]

Answer:

2.41%

Explanation:

The difference between the two firms' ROEs is shown below:-

Particulars          Firm HD                             Firm LD

Assets $200      Debt ratio 50%            Debt ratio 30%

EBIT $40            Interest rate 12%          Interest rate 10%

Tax rate 35%

Debt                            $100                              $60

Interest                        $12                                  $6

                          ($100 × 12%)                       ($60 × 10%)      

Taxable income         $28                                 $36

                               ($40- $12)                          ($40 - $6)

Net income                $18.2                                $22.1

                       $28 × (1 - 0.35)                     $36 × (1 - 0.35)

Equity                          $100                                $140

                              ($200 - $100)                   ($200 - $60)

ROE                              18.2%                               15.79%

                           ($18.2 ÷ $100)                   ($22.1 ÷ $140)

Taxable income = EBIT - Interest

Net income = Income - Taxable income

Equity = Assets - Debt

ROE = Net income ÷ Equity

Difference in ROE = ROE Firm HD - ROE Firm LD

= 18.2% - 15.79%

= 2.41%

So, for computing the difference between the two firms' ROEs we simply deduct the ROE firm LD from ROE firm HD.

3 0
3 years ago
Other questions:
  • If the actual price in this market were above the equilibrium price, quantity supplied would begreater than quantity demanded, s
    13·2 answers
  • A section at the top of the page that makes it easy for the recipient to respond to a letter is called a(n)
    9·1 answer
  • He customers for mountain sports equipment mostly have high disposable incomes. However, imagine that Peter, Thomas, and Wim wan
    5·1 answer
  • The Gasson Company uses the weighted-average method in its process costing system. The company's ending work in process inventor
    15·1 answer
  • The Bell Weather Co. is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 1
    8·1 answer
  • Which of the following is a reason advertising can be economically wasteful? Advertising provides consumers with price and quali
    6·1 answer
  • Dave has forty acres where he grows corn and soybeans. He also has five milk cows and some chickens. Dave sells organic milk and
    10·1 answer
  • One of the four conditions for perfect competition is few sellers and buyers. <br><br> True or False
    7·1 answer
  • The information below pertains to Barkley Company for 2015.
    15·1 answer
  • Manuel is retired and receives a fixed payment from his pension each month. when there is inflation?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!