Donner Company is selling a piece of land adjacent to its business premises. An appraisal reported the market value of the land to be $86,722. The Focus Company initially offered to buy the land for $111,289. The companies settled on a purchase price of $212,000. On the same day, another piece of land on the same block sold for $103,641. Under the cost principle, at what amount should the land be recorded in the accounting records of Focus Company
Answers: 2
Business, 22.06.2019 01:30
The gomez company, a merchandising firm, has budgeted its activity for december according to the following information: • sales at $500,000, all for cash. • merchandise inventory on november 30 was $250,000. • the cash balance at december 1 was $20,000. • selling and administrative expenses are budgeted at $50,000 for december and are paid for in cash. • budgeted depreciation for december is $30,000. • the planned merchandise inventory on december 31 is $260,000. • the cost of goods sold represents 75% of the selling price. • all purchases are paid for in cash. the budgeted cash disbursements for december are:
Answers: 3
Business, 22.06.2019 10:00
How has internet access changed and affected globalization from 2003 to 2013? a ten percent increase in internet access has had little effect on globalization. a twenty percent decrease in internet access has had little effect on globalization. a thirty percent increase in internet access has sped up globalization. a fifty percent decrease in internet access has slowed down globalization.
Answers: 1
Business, 23.06.2019 11:30
During the interview process with both companies, justin learns something about a new product that big box co. is producing that will directly compete with hope springs. because justin learned about the ethics of and what is unethical, he will not share this information during his interview with hope springs.
Answers: 2
Donner Company is selling a piece of land adjacent to its business premises. An appraisal reported t...
Arts, 02.12.2021 17:20
Mathematics, 02.12.2021 17:20
English, 02.12.2021 17:20
Mathematics, 02.12.2021 17:20
Physics, 02.12.2021 17:20
Spanish, 02.12.2021 17:20
Computers and Technology, 02.12.2021 17:20
Social Studies, 02.12.2021 17:20
Mathematics, 02.12.2021 17:20
Arts, 02.12.2021 17:20
Health, 02.12.2021 17:20
Mathematics, 02.12.2021 17:20