Zabinski co paid 150000 for a purchase that included land

Assignment Help Accounting Basics
Reference no: EM13454216

Zabinski Co. paid $150,000 for a purchase that included land, building, and office furniture. An appraiser provided the following estimates of the market values of the assets if they had been purchased separately: Land, $20,000, Building, $150,000, and Office furniture, $30,000. Based on this information the cost that would be allocated to the land is:

$25,000

$17,500

$15,000

$20,000

Reference no: EM13454216

Questions Cloud

Write the profits -maximizing price and output levels for : philip industries manufacture a certain product that can be sold directly to retail outlet or to the superior company
Red sauce canning company processes tomatoes into catsup : red sauce canning company processes tomatoes into catsup tomato juice and canned tomatoes.nbsp during the summer of
Policies are constantly being reviewed and considered to : policies are constantly being reviewed and considered to help improve the american health care system. each one has the
Mobley company purchased an asset with a list price of : mobley company purchased an asset with a list price of 35000. mobley received a 2 cash discount. the asset was
Zabinski co paid 150000 for a purchase that included land : zabinski co. paid 150000 for a purchase that included land building and office furniture. an appraiser provided the
Suppose that this month is good representation of all : to save on gasoline expenses edith and mathew agreed to carpool together for traveling to and from work. edith
In the textbook you read about prosocial lies and : in the textbook you read about prosocial lies and antisocial lies. in the case of prosocial lies parents and caregivers
The administration at st johns hospital takes pride in its : the administration at st. johns hospital takes pride in its sound policies and procedures for the protection of
Explain the business and describe the general pattern of : choose and research a specific business that is publicly traded where there has been a pattern of change in a

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd