Horton Stores exchanged land and cash of $5,100 for similar land. The book value and the fair value of the land were $88,800 and $100,300, respectively. Assuming that the exchange lacks commercial substance, Horton would record land-new and a gain/(loss) of: Land Gain/(loss) a. $ 105,400 $ 0 b. $ 105,400 $ 11,500 c. $ 93,900 $ 0 d. $ 93,900 $ 11,500

Who is not spending wisely? erika goes shopping and saves her receipts. she totals how much she spent and writes it down. mia needs to buy a new pair of shoes because she joined the soccer team. she looks at newspaper ads to find the best price. lauren has been thinking about getting a puppy for a long time. she walks by the pet store at the mall and decides to get a puppy. erin makes a purchase online using a credit card. she knows that she can pay the entire bill when it arrives.

The following costs were incurred in may: direct materials $ 44,800 direct labor $ 29,000 manufacturing overhead $ 29,300 selling expenses $ 26,800 administrative expenses $ 37,100 conversion costs during the month totaled:

Which completes the equation? o + a + consideration (+ = k legal capacity legal capability legal injunction legal corporation