subject
Business, 13.11.2019 05:31 Terrilady5

Perlman land development, inc. purchased land for $70,000 and spent $30,000 developing it. it then sold the land for $160,000. sheehan manufacturing purchased land for a future plant site for $100,000. due to a change in plans, sheehan later sold the land for $160,000. should these two companies report the land sales, both at gains of $60,000, in a similar manner?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 10:50
Kimberly has been jonah in preparing his personal income tax forms for a couple of years. jonah's boss recommended kimberly because she had done a good job setting up the company's new accounting system. jonah is very satisfied with kimberly's work and feels that the fees she charges are quite reasonable. kimberly would be classified as a(n) (a) independent auditor (b) private accountant (c) public accountant (d) accounting broker
Answers: 1
question
Business, 22.06.2019 11:40
On coral island in 2012, the labor force is 12,000, the unemployment rate is 10 percent, and the labor force participation rate is 60 percent. during 2013, 200 unemployed people found jobs and the working-age population increased by 1,000. the total number of people in the labor force did not change. the working-age population at the end of 2013 was the unemployment rate at the end of 2013 was round up to the second decimal. the labor force participation rate at the end of 2013 was round up to the second decimal.
Answers: 1
question
Business, 22.06.2019 16:50
The cost of labor is significantly lower in many countries than in the united states. if you move manufacturing to a facility to a country labeled as part of the axis of evil and a threat to world peace you will increase the net income of your client by $10 million per the facility is located in a country which limits personal freedom and engages in state sponsored terrorism. imagine you are a marketing consultant. (a) what would you tell the executives to do? (b) what are the alternatives? what are your recommendations? why do you recommend this course of action?
Answers: 1
question
Business, 22.06.2019 19:00
Lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal.
Answers: 3
You know the right answer?
Perlman land development, inc. purchased land for $70,000 and spent $30,000 developing it. it then s...
Questions
question
Mathematics, 05.04.2021 17:40
question
Mathematics, 05.04.2021 17:40
question
Mathematics, 05.04.2021 17:40
question
History, 05.04.2021 17:40
question
Mathematics, 05.04.2021 17:40
Questions on the website: 13722360