Business, 09.09.2019 23:30 loredobrooke5245
Acompany paid $150,000, plus a 6% commission and $4,000 in closing costs for a property. the property included land appraised at $87,500, land improvements appraised at $35,000, and a building appraised at $52,500. what should be the allocation of this property's costs in the company's accounting records? select one: a. land $75,000; land improvements, $30,000; building, $45,000.b. land $75,000; land improvements, $30,800; building, $46,200.c. land $81,500; land improvements, $32,600; building, $48,900.d. land $79,500; land improvements, $32,600; building, $47,700.e. land $87,500; land improvements; $35,000; building; $52,500.
Answers: 2
Business, 22.06.2019 06:00, StephanieQueen2003
For 2018, rahal's auto parts estimates bad debt expense at 1% of credit sales. the company reported accounts receivable and an allowance for uncollectible accounts of $86,500 and $2,100, respectively, at december 31, 2017. during 2018, rahal's credit sales and collections were $404,000 and $408,000, respectively, and $2,340 in accounts receivable were written off. rahal's accounts receivable at december 31, 2018, are:
Answers: 2
Business, 22.06.2019 16:00, leo4687
Advanced enterprises reports year-end information from 2018 as follows: sales (160,250 units) $968,000 cost of goods sold 641,000 gross margin 327,000 operating expenses 263,000 operating income $64,000 advanced is developing the 2019 budget. in 2019 the company would like to increase selling prices by 14.5%, and as a result expects a decrease in sales volume of 9%. all other operating expenses are expected to remain constant. assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost. should advanced increase the selling price in 2019?
Answers: 3
Business, 22.06.2019 17:20, sctenk6052
“strategy, plans, and budgets are unrelated to one another.” do you agree? explain. explain how the manager’s choice of the type of responsibility center (cost, revenue, profit, or investment) affects the behavior of other employees.
Answers: 3
Acompany paid $150,000, plus a 6% commission and $4,000 in closing costs for a property. the propert...
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