Answer:
$1,680,000
Explanation:
Based on the information given we were told that the fair value of the building was the amount of $1,680,000 which means that the amount that the company would record the building is the fair value amount of $1,680,000.
Therefore the amount that the company would record the building is $1,680,000.
Answer:
To minimize risk, investors should investigate the market and diversify its portfolio.
Interest that builds on the principle and the interest already gained is compound interest
Money invested in a CD
always have a fixed rate of return and is less risky than money used to purchase a home.
Answer: B. Yes, because he kept the car for six months after reaching the age of majority.
Explanation:
When the teenager had not reached the age of majority, holding him liable for the contract would have been challenging. The teenager however reached the age of majority he became legally liable for decisions and contracts.
After this age, he had the car for 6 more months which means that he had accepted the contract as an adult. He cannot therefore simply wiggle out of the payment because he signed an enforceable contract.
Answer:
UNIT COST $32
Explanation:
the absorption costing system is the sum of expenses applicable to purchases and charges directly or indirectly incurred to produce a good or service.
This model considers both fixed and variable costs. Which translates into a higher unit cost.
in these case unit cost = 6+10+6+6+2+2 = 32
+Direct materials $6
+Direct labor $10
+Fixed manufacturing overhead $6,000 / 1000 units= $6
+Variable manufacturing overhead $6
+Fixed operating expenses (selling, general, and administrative) $2,000
/ 1000 units=$2
Variable operating expenses (selling, general, and administrative $2
Answer: Supervisory Management.
Explanation:
Rodrigo is now a member of the Supervisory Management of his company. The Supervisory managers are individuals that oversee other employees within a specified department in a company, to ensure they are carrying out their jobs effectively.
