Ten years ago, a corporation purchased a building for $140,000. At that time, the corporation felt that the building was worth $165,000. The current market value of the building is $490,000. The building has been assessed at $465,000 for property tax purposes. At which amount should the corporation record the building in its
accounting records?

Colter steel has $5,550,000 in assets. temporary current assets $ 3,100,000 permanent current assets 1,605,000 fixed assets 845,000 total assets $ 5,550,000 assume the term structure of interest rates becomes inverted, with short-term rates going to 10 percent and long-term rates 2 percentage points lower than short-term rates. earnings before interest and taxes are $1,170,000. the tax rate is 40 percent earnings after taxes = ?