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anastassius [24]
3 years ago
13

Sandra and Kelsey are forming a partnership. Sandra will invest a piece of equipment with a book value of $4,300 and a fair mark

et value of $15,000. Kelsey will invest a building with a book value of $34,600 and a fair market value of $57,600. What amount will be recorded to Kelsey's capital account
Business
1 answer:
lawyer [7]3 years ago
8 0

Answer: $57600

Explanation:

The capital account of a business indicates the net worth it that particular business. The fair value of an asset brings about an increase to the capital account.

In this scenario, the amount that will be recorded to Kelsey's capital account will be her fair market value of the building which is $57,600.

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Aliun [14]
To remove almost all of the sodium and minerals
3 0
2 years ago
Some one can answer pls?
olga_2 [115]
The prospect of greater market share and setting themselves apart from the competition is an incentive for firms to innovate and make better products. But no firm possesses a dominant market share in perfect competition. Profit margins are also fixed by demand and supply.

A perfectly competitive firm is a price taker, which means that it must accept the equilibrium price at which it sells goods. If a perfectly competitive firm attempts to charge even a tiny amount more than the market price, it will be unable to make any sales.
Perfect competition occurs when there are many sellers, there is easy entry and exiting of firms, products are identical from one seller to another, and sellers are price takers.
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Hope this helps:)
8 0
3 years ago
Jim's Widgets creates mechanical tools that are used in factories. Use the table and the drop-down menus to answer these questio
Vladimir79 [104]

Answer:

The profit when the company makes five widgets is $30

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Explanation:

i took the quiz.

4 0
3 years ago
A major contribution of the Miller model is that it demonstrates, other things held constant, that ____
deff fn [24]

Answer: The correct answer is "personal taxes lower the value of using corporate debt".

Explanation: A major contribution of the Miller model is that it demonstrates, other things held constant, that: <u>personal taxes lower the value of using corporate debt.</u>

<u />

8 0
2 years ago
To determine the realized return on an investmen, the investor needs to know:________
Nady [450]

Answer:

The correct answer all of the above is missing

Explanation:

In order to determine the realized return on investment, for instance, stock, one needs to the income received(dividend) the initial purchase price as well as the sale price of the investment as shown in the formula below:

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Po is the initial cost of investment

D is the income received

3 0
3 years ago
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