Answer: $110,432
Explanation:
The cost allocated to the Office furniture is the percentage of total appraised cost * the price paid for the basket purchase because it shows what proportion of the Basket Purchase should be ascribed to the Office furniture.
Total Appraised value = 140,000 + 460,000 + 110,000
= $710,000
Office furniture Proportion = 140,000/710,000
= 0.1971830985
=0.1972
Amount to be allocated to Office furniture = 0.1972 * 560,000
= $110,432
$110,432 should be allocated to the office furniture.
= $110,422.
Since 1884, climate records have been kept, and they show that Philadelphia experiences an average yearly snowfall of 22.3 inches. An illustration of descriptive statistics is this value.
<h3>
What is descriptive statistics in statistics?</h3>
The fundamental characteristics of a dataset identified in a particular study are described, illustrated, and summarized using descriptive statistics. The summary provides details on the data sample and its measurements. Analysts will understand the data more readily as a result.
<h3>
What can we conclude from descriptive statistics?</h3>
The features and value distribution of one or more datasets are summarized using descriptive statistics. The central tendency and degree of value dispersion in datasets can be quickly viewed by analysts using the traditional descriptive statistics.
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Answer:
Explanation:
The total assets comprises of current assets, fixed assets ,and the intangible assets
The current assets includes cash, stock, account receivable, etc
Fixed assets include plant & machinery, land, equipment, furniture & fittings, etc.
And, the intangible assets include patents, copyrights, goodwill, etc.
The preparation of the classified balance sheet for Nike, Inc on May 31, 2022 is presented in the spreadsheet. Kindly find the attachment below:
Select Sales Companies offer of shares of stock in itself to anyone who is willing to pay $60 per share is a public offering. A public offering is the offering of securities of a company to the public. Generally, the securities are to be listed on a stock exchange. Businesses usually go public to raise capital in hopes of expanding.