subject
Business, 12.02.2021 16:30 peanutpinkypiepdma46

In 2014, Parker Company purchased land for $115,000 at a time when the land was appraised at $120,000. In 2017, Parker Company had the land appraised, and its value was estimated to be $210.000. Also during 2017, another company offered Parker $175,000 for the parcel of land. When the balance sheet is prepared at the end of 2017, at what dollar amount should the land be reported? A. $115.000
B. $120,000
C. $175,000
D. $210,000

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 14:30
List at least two policies or procedures your company can use to protect the health and safety of employees
Answers: 1
question
Business, 21.06.2019 20:30
Which of the following statements regarding the learning curve and economies of scale is accurate? answers: just as diseconomies of scale are presumed to exist if a firm gets too large, there is a corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.where diseconomies of scale are presumed to exist if a firm gets too large, there is no corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.where diseconomies of scale are presumed to exist if a firm gets too small, there is no corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.just as diseconomies of scale are presumed to exist if a firm gets too small, there is a corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.
Answers: 1
question
Business, 22.06.2019 11:20
Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.
Answers: 3
question
Business, 22.06.2019 13:30
How does hipaa address employee’s access to e-phi?
Answers: 1
You know the right answer?
In 2014, Parker Company purchased land for $115,000 at a time when the land was appraised at $120,00...
Questions
question
History, 16.05.2021 18:20
question
Mathematics, 16.05.2021 18:20
question
Mathematics, 16.05.2021 18:20
question
Mathematics, 16.05.2021 18:30
question
English, 16.05.2021 18:30
Questions on the website: 13722367