Pinewood Company purchased two buildings on four acres of land. The lump-sum purchase price was $1,800,000. According to independent appraisals, the fair values were $855,000 (building A) and $475,000 (building B) for the buildings and $570,000 for the land. Required: Determine the initial valuation of the buildings and the land.

Answers

Answer 1

Answer:

Land = $540,000: Building A = $810,000: Building B = $450,000

Explanation:

Assets        Fair values   Weight  Valuation

Land            $570,000     30%       $540,000

Building A   $855,000     45%        $810,000

Building B   $475,000      25%       $450,000

Total            $1,900,000                 $1,800,000

Note: Valuation = Weight*Lump - Sum purchase amount

          Weight = Fair values / Total fair values


Related Questions

You are considering borrowing $10,000 for 3 years at an annual interest rate of 6%. The loan agreement calls for 3 equal payments, to be paid at the end of each of the next 3 years. (Payments include both principal and Interest.) The annual payment that will fully pay off the loan is?

a. $2,890.

b. $4,020.

c. $2,674.

d. $3,741.​

Answers

Hello! The answer would be D. $3,741. I hope this helps!

A firm has an Inventory turnover (IT) of 5 times a year on a cost of goods sold (COGS) of $800,000. If the firm improves the inventory turnover to 8 times a year while the COGS remains the same, which of the following statements is true?

a $100,000 is additionally invested in purchasing stock.

b. $160,000 is released into the working capital.

C. $60,000 is additionally invested into purchasing stock

d. $60,000 is released into the working​

Answers

Answer:

d. $60,000 is released into the working​

Explanation:

A high inventory indicates that a company sells its stock many times in a year. It means its costs of managing inventory decreases.

The inventory turnover ratio is calculated as below

=Cost of goods sold/ average inventory

If COGS = $800,000 and the inventory turnover ratio =5,

the average inventory will be

=$800,000 /5

=$160,000

With a turnover of 8, and COGS remain $800,000, average inventory will now be

=$800,000/8

=$100,000

The average inventory will decrease to $100,000 from $160,000 previously.

$60,000  will be released to working capital.

You’ve just joined the investment banking firm of Dewey, Cheatum, and Howe. They’ve offered you two different salary arrangements. You can have $68,000 per year for the next two years, or you can have $57,000 per year for the next two years, along with a $13,000 signing bonus today. The bonus is paid immediately, and the salary is paid in equal amounts at the end of each month. If the interest rate is 8 percent compounded monthly, what is the PV for both the options? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) PV Option 1 $ Option 2 $

Answers

Answer:

PV of first option ($68,000 per year) = ($68,000 / 12) x 22.10965 (PV annuity factor, 24 periods, 0.667%) = $5,666.67 x 22.10965 = $125,288.02

PV of second option ($57,000 per year + $13,000) = $13,000 + [($57,000 / 12) x 22.10965 (PV annuity factor, 24 periods, 0.667%)] = $13,000 + ($4,750 x 22.10965) = $118,020.84

True or False: U.S. Treasury bonds are safe because it is unlikely the federal government will go bankrupt.

Answers

Answer:

True

Explanation:

I've done the same unit for Personal Finance

You are graduating from college at the end of this semester and have decided to invest ​$ at the end of each year into a Roth IRA​ (a retirement investment account that grows tax free and is not taxed when it is​ liquidated) for the next years. If you earn percent compounded annually on your investment of ​$ at the end of each​ year, how much will you have when you retire in ​years? How much will you have if you wait 10 years before beginning to save and only make payments into your retirement​ account?

Answers

Answer:

the numbers are missing, so I looked for similar questions:

You are graduating from college at the end of this semester and have decided to invest $5,000 at the end of each year into a Roth IRA, (which is a retirement investment account that grows tax free and is not taxed when it is liquidated) for the next 45 years. If you earn 8 percent compounded annually on your investment of $5,000 at the end of each year, how much will you have when you retire in 45 years? How much will you have if you wait 10 years before beginning to save and only make 35 payments into your retirement account?

We have to determine the future value of an annuity:

FV = annual contribution x FV annuity factor

annual contribution = $5,000

FV annuity factor, 45 periods, 8% = 386.50562

FV = $5,000 x 386.505662 = $1,932.528

if you wait 10 years before starting to save, then the future value will be:

FV = annual contribution x FV annuity factor

annual contribution = $5,000

FV annuity factor, 45 periods, 8% = 172.3168

FV = $5,000 x 172.3168 = $861,584

You make $40,000 per year. You have been offered a promotion and a $5,000 raise per year. Your average federal income tax rate will go up from 10% to 15% per year. Should you take the new job and the raise?

Answers

Answer:

Yes, Accept the new Job and raise

Explanation:

With the old Job, the annual income is $40,000 and a tax rate of 10%.

The annual tax obligation is 10%  of $40,000

=10/100 x $40,000

=0.1 x $40,000

=$4,000

Annual take home is $40,000 -$4,000

=$36,000

With the new salary, the tax obligation will be

Tax rate=15%

Salary =$45,000

=15/100 x $45,000

=0.15 x $45,000

$6,750

The new take home pay is $45,000- $,6750

=$38,250

With the new Job, the take-home pay increases from $36,000 to $38,250.

The new Job and raise should be accepted.

Identify five areas of concern where business standards apply

Answers

Answer:

The government regulates the activities of businesses in five core areas: advertising, labor, environmental impact, privacy and health and safety.

Consumer protection Via Advertising Restrictions. ...

Employment and Labor Protection. ...

Environmental Impact of Business. ...

Date Security and Privacy Protection. ...

Safety and Health.

Which diagram arranges the types of business organizations from the most complicated to start to the least complicated to start?

Answers

Answer:

C. Corporation- partnership - Sole Proprietorship

Explanation:

Corporation- partnership—Sole Proprietorship is the diagram arranges the types of business organizations from the most complicated to start to the least complicated to start. Hence, option C is correct.

What is partnership?

Partnership is the deal between the two person or party to start the business, partnership can be legally registered or can also start without the partnership agreement.

In partnership the investment is invested by both the partners that and the profit and loss is divided into equally.

Thus, option C is correct.

For more details about Partnership, click here:

https://brainly.com/question/19988417

#SPJ2

You are a real estate owner in Bloomington Indiana and you have rented a house to students. You expect to make 6% per year on this leasehold investment. The terms of the lease are for 24 months and the rent is due at the beginning of the month. Your savvy renters are Kelley students and they request that the rent be paid, instead, at the end of the month. How much more will the investor receive as a result of payments at the beginning of the month rather than the student's proposed payments at the end of the month over the entire life of the lease?

Answers

Answer:

The present value of the contract is 0.5% higher if the rent is paid at the beginning of the month. That is equal to $11.28 for every $100 of rent.

Explanation:

if the rent is paid at the beginning of the month, the present value of the lease contract will be:

PV = monthly rent x PV annuity due factor

we are not given the monthly rent, but we know the PV annuity due factor for 0.5% and 24 periods = 22.67568

if the rent is paid at the end of the month, the PV = monthly rent x PV ordinary annuity factor

the PV ordinary annuity factor, 0.5%, 24 periods = 22.56287

assuming that the rent is $100 (just to calculate a %), the PV of an annuity due = $2,267.57

the PV of an ordinary annuity = $2,256.29

the difference between them = [($2,267.57 / $2,256.29) - 1] x 100 = 0.5%

bruh . (i had to type an extra couple of words because it wouldnt let me send it) im just trying to make people laugh during these tough times. brainly please do not take this down. Thank you remember to social distance, wash your hands, wear masks, be safe, but most importantly have an amazing week!

Answers

thank u!! i needed extra points!

Answer:

oki thank you!!

Explanation:

the answer to life the universe and everything is 42

The strengths of a company can only include tangible things.


True

False

Answers

I believe the answer is false due to the fact that people can have strengths in things such as communication.

Answer:

True is the answer cause tangible things  is a physical object that can be perceived by touches such as a building, vehicle, or gadget.

When deciding whether or not to replace old equipment with new equipment, the overriding consideration is the

Answers

Answer: d. difference between future cost savings and the new equipment's costs.

Explanation:

When deciding whether or not to replace old equipment, the main thing the company should be concerned about is if the new equipment is worth it. This worth will be measured by how much it saves for the company over the old equipment vs its cost.

If the cost of the equipment is less than the future savings it will bring in, it should be bought to replace the old equipment because it would be contributing more than it costs. If the reverse is true then it should not be bought.

What role should government play in a free market economy?

Answers

Economists, however, identify six major functions of governments in market economies. Governments provide the legal and social framework, maintain competition, provide public goods and services, redistribute income, correct for externalities, and stabilize the economy.

Answer: Stabilize the economy

Explanation:

In planning for your career after high school you should...

I need serious help I NEED to pass this test please HELP

Answers

D I think I'm only in year 7 haha

It’s C. The other person is wrong. Pls mark brainliest. (I’m a senior)

JDS Shipyard's projected benefit obligation, accumulated benefit obligation, and plan assets were $75 million, $65 million, and $46 million, respectively, at the end of the year. a. What, if any, pension liability or pension asset must be reported in the balance sheet

Answers

Answer: Net Pension liability of $29 million

Explanation:

A net pension liability will be reported when the obligations of the employer which is the Projected benefit obligation, exceeds the Plan assets because the company has less resources than required to satisfy its obligations.

A net pension asset will be when the Projected Benefit Obligation (PBO) is less than the Plan assets.

In this case, there will be a Net pension liability of;

= PBO - Plan assets

= 75 - 46

= $29 million

Pakistan International Airlines is the national flag-carrier of the Islamic Republic of Pakistan. PIA was founded on October 23, 1946 as Orient Airways based in Calcutta (now Kolkata) in British India. In 1955, Orient Airways was nationalized and merged with other airlines to form ‘Pakistan International Airlines.’ In the decades from the 1950s to the 1970s, PIA was ranked amongst the best airlines in the world. This was acclaimed to be the golden era for Pakistan International Airlines when it provided administrative and technical support to many other airlines, including Emirates. Some of the aviation records set by PIA pilots in those days still stand to this day.
Today, PIA is wracked by many administrative and human resource related problems notably corruption, inefficiency, favoritism, nepotism and overstaffing. Safety has also become a major concern after numerous scandals relating to the qualifications of PIA personnel, and the recent crash in Karachi in May, 2020, that killed 97 people.

If you were made the HR manager in PIA, what would you do to improve employee engagement? Be very specific in giving your recommendations. Write 10-15 bullet points.

Answers

Answer:

The HR manager in PIA, what would you do to improve employee engagement is explained below in complete details.

Explanation:

Pakistan International Airlines has been an air journey pioneer since 1955. In PIA, workers are regarded as a necessary asset for the company, so their order is a big obstacle for HR administrators. The largest PIA office is that of Engineering and then comes to other branches like IT, marketing, and finance.

Various Employee engagement ways are:

Employees require feedback, and it defines their level of responsibility. Start by managing check-ins for every operator with their supervisor, supporting middle administration in organizing regular evaluation assemblies with their team as a progressive action to enhance employee engagement.

You can borrow $200 today and repay $215 in one week. What is the effective annual rate (EAR) implied by this 7.5 percent rate charged for only one week?

a. 45,602%
b. 4,198%
c. 14,104%
d. None of these are correct.
e. 1,164%

Answers

Answer:

Effective Annual Rate = 4,198%  (Approx)

Explanation:

Given:

Weekly rate = 7.5%

Find:

Effective Annual Rate

Computation:

Effective Annual Rate = (1+weekly rate)^52-1

Effective Annual Rate = (1+7.5%)⁵²-1

Effective Annual Rate = (1+0.075)⁵²-1

Effective Annual Rate = 4,198%  (Approx)

Which of the following would be part of a financial managers investment decision?

a.
Raising money using equity finance.

b.
Spending money on Capital Expenditure.

c.
Spending money on revenue expenditure.

d.
Borrowing Funds.​

Answers

Answer:

C

Explanation:

For a period during which the quantity of product manufactured exceeds the quantity sold, operating income reported under absorption costing will be smaller than operating income reported under variable costing. True False

Answers

Answer:

False

Explanation:

Operating income reported under absorption costing will be smaller than operating income when quantities of products manufactured are less than the quantities sold (Sales > Production). This is because Fixed costs deferred in inventory will be falling and the costs of sales in absorption cost will be rising.

During the year, Carolina, Inc. writes off a client's Accounts Receivable of $1,600 because it determines that the receivable is uncollectible. Immediately before the write-off, Carolina has total Accounts Receivable of $120,000 and its Allowance for Doubtful Accounts is $16,000. After the write-off, what is the amount of Carolina's net accounts receivable

Answers

Answer:

the Net accounts receivables after write off is $104,000

Explanation:

The computation of the net account receivable after write off is shown below:

Net accounts receivables after write off is

= (Account receivable - written off) - (Allowance for doubtful accounts - written off)

= ($120,000 - $1,600) - ($16,000 - $1,600)

= $118,400 - $14,400

= $104,000

hence, the Net accounts receivables after write off is $104,000

Contractionary monetary policy is designed to:
A. reduce long-term interest rates.
B. increase the available money supply.
C. reduce overall economic activity.
D. offer treasury securities for sale.

Answers

Contractionary monetary policy is designed to: C. reduce overall economic activity.

What is a monetary policy?

A monetary policy is also referred to as a fiscal policy and it can be defined as the use of government expenditures (spending) and revenues (taxation), so as to influence macroeconomic conditions such as:

Aggregate Demand (AD)InflationEmployment within a country.

The types of monetary policy.

In Economics, there are two main types of monetary policy and these include the following:

Expansionary monetary policy.Contractionary monetary policy.

Generally, a contractionary monetary policy is designed and adopted by the government to reduce overall economic activity in a particular country.

Read more on monetary policy here: https://brainly.com/question/13926715

reduce overall economic activity.

Will mark brainly
Martha runs a small travel and tourism business. She, along with her staff, organizes vacations for her clients. Recently, Martha opened a new branch of her business in a different city. She has decided to print new brochures and catalogs that give information about her business. She also plans to mail these brochures to various homes in a location that attracts customers. Which type of promotion does Martha plan to use?
A.
sales promotion
B.
direct marketing
C.
personal selling
D.
advertising
E.
public relations

Answers

Answer:

c

i can't ghshjdhnsjsggsbdn

Answer:

B - Direct Marketing

Explanation:

1. Plato

2. personal selling is meeting face to face. Direct marketing does not invlove interaction with customers. (:

in a market segment approach, which statement below dose not apply​

Answers

where is the statement ??

During a six month period, a department had planned sales of $75,000 and planned turnover of 2.6. Using the Basic Stock Method, determine the BOM stock for February, if planned sales for February are $10,500.

Answers

Answer:

the BOM stock is $26,846

Explanation:

The computation of the BOM stock for the feb month is shown below:

But before that following calculations need to be done

Average stock is

= net sales ÷ stock turnover

= $75,000 ÷ 2.6

= $28,846

Now the basic stock is

= Average stock - monthly sales

= $28,846 - ($75,000 ÷ 6)

= $16,346

And, finally BOM stock is

= Planned sales + basic stock

= $10,500 + $16,346

= $26,846

hence, the BOM stock is $26,846

Rosita purchased a bond for $991.23. She sold the bond for $1,003.42 after 6 months and earned a total return of 5.40% on this investment. Suppose this bond has semiannual interest payments, then what should be the coupon rate of it?

Answers

Answer:

The coupon rate of the bond should be 8.27%.

Explanation:

This can be calculated using the following formula:

Total return rate = (Selling price + [(Coupon rate * Face value) / 2] - Purchase price) / Purchase price ............ (1)

Where;

Total return rate = 5.40%, or 0.054

Selling price = $1,003.42

Coupon rate = ?

Bond face value = $1,000

Purchase price = $991.23

Substituting the values into equation (1) and solve for Coupon rate, we have:

0.054 = (1,003.42 + [(Coupon rate * 1,000) / 2] - 991.23) / 991.23

0.054 * 991.23 = 1,003.42 + [(Coupon rate * 1,000) / 2] - 991.23

53.53 - 1,003.42 + 991.23 = (Coupon rate * 1,000) / 2

41.34 * 2 = Coupon rate * 1,000

82.68 = Coupon rate * 1,000

Coupon rate = 82.68 / 1,000

Coupon rate = 0.08268, or 8.268%

Rounding to 2 decimal places, we have:

Coupon rate = 8.27%

Therefore, the coupon rate of the bond should be 8.27%.

All of the following would have to be reviewed by a principal EXCEPT: A Letters recommending securities to all clients of a registered representative B Complaint letters received from customers C Form letters mailed to all customers D Form letters for internal use within a firm

Answers

Answer:

D Form letters for internal use within a firm

Explanation:

A principal is a shareholder that has 10% or more of the voting shares of a company that is privately held or publicly traded.

Principals take into consideration SEC rules for insider trading.

The principal studies various activities such as Letters recommending securities to all clients of a registered representative, Complaint letters received from customers, Form letters mailed to all customers.

This is done to ensure he makes informed decisions regarding investment.

Usually other shareholders take a cue from investing activities of the principal.

Form letters for internal use do not determine share performance, so it is not reviewed by a principal.

Principal is different from majority shareholder who has 50% of more of voting shares.

You are the manager of a firm that sells its product in a competitive market at a price of $50. Your firm's cost function is C = 40 + 5Q2. The profit-maximizing output for your firm is

Answers

Answer: Q = 5

Explanation:

In a competitive market, the profit maximising quantity is the quantity at which Marginal Cost is equal to Marginal revenue.

In a competitive market, price is equal to marginal revenue so marginal revenue is $50.

Marginal cost would be the differential of the cost function;

= 40 + 5Q²

= (2 * 5) * Q

= 10Q

10Q = 50

Q = 50/10

Q = 5

4. What aspect of project management was omitted from the PMI definition that is included in the definition proposed by Meredith and Mantel

Answers

Answer:

Fulfilling client's expectations

Explanation:

Project management can be defined as the use of skills, tools and knowledge to effectively execute a project.

The Project Management Institute (PMI) aims to develop the project management profession.

PMI definition proposed by Meredith and Mantel has included client satisfaction as a criteria for project success.

Initially client satisfaction was not included in Project Management definition.

According to them project management is the use of skills, tools, and knowledge to meet and exceed customer expectations.

This definition now different from the previous one that focuses on meeting project specifications

Digital Fruit is financed solely by common stock and has outstanding 40 million shares with a market price of $20 a share. It now announces that it intends to issue $310 million of debt and to use the proceeds to buy back common stock. There are no taxes. a. What is the expected market price of the common stock after the announcement

Answers

Answer:

Digital Fruit

The expected market price of the common stock after the announcement is:

$20 per share.

Explanation:

Outstanding number of shares = 40 million

Market price of outstanding shares = $20 a share

Total market capitalization = $800 million

Debts introduced = $310 million

Market capitalization after the debt issue = $490 million ($800 - 310 million)

Number of shares bought back = $310 million /$20 = 15,500,000

Outstanding number of shares after the buy-back = 40 million minus 15.5 million

= 24,500,000 shares

Expected market price of the common stock after the announcement

= $490,000,000/24,500,000

= $20 per share

Your firm has the opportunity to buy a perpetual motion machine to use in your business. The machine costs $1,000,000 and will increase your profits by $75,000 per year. What is the internal rate of return?

Answers

Answer:

7.5%

Explanation:

A forever series formula for the interest rate is  i = A / PV

Annual benefits = $75,000

Present value = $1,000,000

Thus, i = $75,000 / $1,000,000

i = 0.075

i = 7.5%

Therefore, the internal rate of return is 7.5%

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Obaasan promised to show them around Tokyo, but Todd really did not want to leave San Francisco.First of all, they had to sit through an 11-hour flight to Tokyo. Todds mother was petite, so she didnt suffer from the small amount of space each passenger had, but his father was soon complaining about leg cramps. This trip was even worse than Todd had expected.After a taxi ride, they were at Obaasans apartment in a modern building. She met them with a big hug. Obaasan had prepared a special meal for them. Todd liked the rice and grilled tuna, but he didnt care for the cake of soybeans called tofu. He had never eaten pickled vegetables, but the taste was not bad.That night, Todd was exhausted and slept well. The next morning, Obaasan took them to the Tokyo Metropolitan Government Building, the tallest building in the city. The observatory decks at the top are the best place to view all of Tokyo. It was a clear morning, so they could see Mount Fuji. 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Todd loved the colorful costumes and sets.When it was time to return to America, Todd did not want to leave. It had been the best two weeks of his life! He asked Obaasan if he could come back next summer, and she said, I would love that.This question has two parts. First, answer part A. Then, answer part B.Part A:Which statement best summarizes the theme of the text? A. Tokyo is the best city in the world. B. It is a long way from San Francisco to Tokyo. C. Sometimes we have to try something new to enjoy it. D. Many things in Japan are different from what an American is used to.Part B:Which sentence from the text best supports your answer in part A? A. It was July, and Todd wanted to hang out with his friends. B. He had never eaten pickled vegetables, but the taste was not bad. C. Due to being awake during the protracted flight, Todd was exhausted and slept well. D. The sushi in San Francisco was not nearly as good. 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