Mr. wolf purchased a building in year 1 to use in his business. the purchase price was $400,000. he paid $100,000 cash and took out a mortgage of $300,000. in year 11, he made certain permanent improvements to the building at a cost of $80,000. in year 20, mr. wolf sold the building for $600,000 in cash and relief from the remaining mortgage balance of $100,000. by the time of sale, mr. wolf had repaid a total of $200,000 principal on the original $300,000 mortgage and had deducted $180,000 total depreciation on the original cost and improvements. what is mr. wolf's realized gain on the sale?

What is a sort of auction for stocks in which traders verbally submit their offers?

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november. materials conversion costs total equivalent units

Lambert manufacturing has $100,000 to invest in either project a or project b. the following data are available on these projects (ignore income taxes.): project a project b cost of equipment needed now $100,000 $60,000 working capital investment needed now - $40,000 annual cash operating inflows $40,000 $35,000 salvage value of equipment in 6 years $10,000 - both projects will have a useful life of 6 years and the total cost approach to net present value analysis. at the end of 6 years, the working capital investment will be released for use elsewhere. lambert's required rate of return is 14%. the net present value of project b is: