Answer:
$56,600
Explanation:
Given that,
Cassandra's Boutique:
2,100 shares outstanding at a market price per share of $26.
Sally's:
3,000 shares outstanding at a market price of $41 a share.
Acquiring Cassandra's boutique for cash = $58,000
Incremental value of the acquisition = $2,000
We can get the value of Cassandra's Boutique to Sally's by adding the incremental value of the acquisition to the market value of the shares of Cassandra's Boutique.
Firstly, we are calculating the market value of Cassandra's Boutique:
= Outstanding shares × Market price per share
= 2,100 × $26
= $54,600
Therefore, the value of Cassandra's Boutique to Sally's is as follows:
= market value of Cassandra's Boutique + Incremental value of the acquisition
= $54,600 + $2,000
= $56,600
He should use a business email and or tell them directly
Answer: Donors(people donating for the progress of the society).
Explanation:
The solution or answer to this exam or problem or question can be seen or found in the first sentence of the question, that is;
"Total Accounting has developed new software for nonprofit organizations that allows them to send DONORS receipts via text or email".
Take note of the capitalized word, " donors" because that is the simplest answer to the question.
Therefore, the software was built and designed for people that are going to be donating or giving back to the society. The software is built in such a way that the Total Accounting marketing team can track who donors are.
Answer:
value we place on this house when analyzing the option of using it as a professional office is $225000
Explanation:
Given data
house cost 4 year ago = $219,000
house valued = $239,000
real estate fees = $14000
property taxes = $4,000
to find out
What value should you place on this house
solution
we know if we sell house we should pay real estate fee
so we get need money to place is present cost - real estate fees
so cost will be
cost = house valued - real estate fees
cost = 239000 - 14000
cost = 225,000
so value we place on this house when analyzing the option of using it as a professional office is $225000
Answer:
January 1, 2021, building purchased
Dr Building 420,000
Cr Cash 100,000
Cr Notes payable 320,000
Explanation:
The building account (asset) must be recorded at the purchase cost. The mortgage is considered a note payable (long term liability), while the cash account (asset) decreases, therefore, it must be credited.
