Business, 05.05.2020 06:32 leshayellis1591
If a parcel of land that was originally purchased for $85,000 is offered for sale at $150,000, is assessed for tax purposes at $95,000, is recognized by its purchasers as easily being worth $140,000, and is sold for $137,000. What is the effect of the sale on the accounting equation for the seller? Select one: a. Assets increase $52,000; owner's equity increases $52,000 b. Assets increase $85,000; owner's equity increases $85,000 c. Assets increase $137,000; owner's equity increases $137,000 d. Assets increase $140,000; owner's equity increases $140,000 e. None of these
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Business, 22.06.2019 16:40
Based on what you learned about time management which of these statements are true
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Business, 22.06.2019 17:30
Aproject currently generates sales of $14 million, variable costs equal 50% of sales, and fixed costs are $2.8 million. the firm’s tax rate is 40%. assume all sales and expenses are cash items. (a). what are the effects on cash flow, if sales increase from $14 million to $15.4 million? (input the amount as positive value. enter your answer in dollars not in (b) what are the effects on cash flow, if variable costs increase to 60% of sales? (input the amount as positive value. enter your answers in dollars not in millions). cash flow (increase or decrease) by $
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Business, 22.06.2019 20:00
Modern firms increasingly rely on other firms to supply goods and services instead of doing these tasks themselves. this increased level of is leading to increased emphasis on management.
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If a parcel of land that was originally purchased for $85,000 is offered for sale at $150,000, is as...
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