Intensity pertains to the amount of effort being invested in an activity. Group startsTrue or False

Samtech Manufacturing purchased land and building for $3 million. In addition to the purchase price, Samtech made the following

maksim [4K]

Answer:

1. We have:

Initial valuation of land = $1,821,720

Initial valuation of building = $1,214,480

2. We have:

Initial valuation of land = $3,432,700

Initial valuation of building = $0

Explanation:

1. Determine the initial valuation of each asset Samtech acquired in these transactions.

Fair value of land = $3 million

Fair value of building = $2 million

Total fair value = $3 million + 2 million = $5 million

Total acquisition cost = Purchase price land and building + Title insurance + Legal fees for drawing the contract + State transfer fees = $3,000,000 + $23,000 + $8,500 + $4,700 = $3,036,200

Initial valuation of land = Total acquisition cost * (Fair value of land / Total fair value) = $3,036,200 * (3 / 5) = $1,821,720

Initial valuation of building = Total acquisition cost * (Fair value of building / Total fair value) = $3,036,200 * (2 / 5) = $1,214,480

2. Determine the initial valuation of each asset, assuming that immediately after acquisition, Samtech demolished the building. Demolition costs were $320,000 and the salvaged materials were sold for $9,500. In addition, Samtech spent $86,000 clearing and grading the land in preparation for the construction of a new building.

Since it is assumed that the building has been demolished, the building will no longer have any initial valuation or an initial valuation of $0.

What will happen now is that the Total acquisition cost plus Demolition costs and cost of clearing and grading the land in preparation for the construction of a new building minus the salvaged materials will be the initial valuation of land.

Initial valuation of land = Total acquisition cost + Demolition costs + Cost of clearing and grading the land - Salvaged materials = $3,036,200 + $320,000 + $86,000 - $9,500 = $3,432,700

Initial valuation of building = $0

3 0

3 years ago

The most desirable bundle of rights in time-sharing gives the buyer privileges to rent or sell the interest in the property. the

ratelena [41]

These rights are known as property rights. Property rights allow a person to do what they want with their property, within regulation. These are included in the bundle of rights a time-share buyer has because they are allowed to use, sell, or rent their time-share.

5 0

3 years ago

Best Brands Appliance Mart is getting ready for its annual Labor Day sale. There are two Best Brands stores, one in midtown Manh

jasenka [17]

Answer:

Explanation:

From the given information:

Assuming we represent x to be the tablets sent from Brooklyn to Manhattan

Thus, (500 - x) to be the tablets sent from Baldwin to Manhattan

Also, suppose we represent y to be the tablets sent from Brooklyn to Amityville

It implies that (400 - x) to be the tablets sent from Baldwin to Amityville

∴

x ≥ 0 ; y ≥ 0

⇒ 500 - x ≥ 0 & 400 - y ≥ 0

The Shipping cost Z = 1(x) + 2(500-x) + 2(y) + 4(400-y)

Z = x + 1000 - 2x + 2y + 1600 - 4y

Z = x -2y + 2600

To minimize the shipping cost:

$\left \{ 500-x \geq 0 \ \implies \ x\leq 500}} \atop {400-y \geq 0 \ \implies \ y\leq 400}} \right.$

Thus, by replacing the coordinate values (x,y) into Z, we have:

Point Coordinates(x,y) Value of Z (shipping cost)

0 (0,0) 0

A (0,400) 1800

B (500,400) 1300

C (500,0) 2100

Hence, the minimum cost is 1300.

x = 500 units and y = 400 units

5 0

3 years ago

Purchase goods from Krishna for RS.10000 journal<br>

Brums [2.3K]

Explanation:

Credit purchase : When goods are purchased on credit , cash does not go out , but supplier or creditor becomes the giver. Therefore , goods or purchases account is debited and supplier or creditor account is credited.

~See the attached picture !

Hope I helped !

Have a wonderful day / night !

5 0

3 years ago

To increase the Federal funds rate, the Fed can:

VikaD [51]

To increase Federal Funds rate, they can B: decrease the discount rate. I'm sorry if I'm wrong. I'm also sorry it took so long I was distracted watching the Hannah Montana marathon on Disney Channel :) I'm such a child. Well, i am 12 and Hannah Montana was my entire childhood (age 1-7 and is always a part of me)

3 0

3 years ago