Dale's business services purchased a land in January 2015 at a cost of $350,000. It paid a sales tax and transfer document cost of $2,500. Further, the cost of removal of an old building (that is not in a usable condition) in that land was $10,000. In January 2017, an appraiser estimated the value of land to be $450,000. A similar land in the neighborhood sold for $500,000 last month. At what value should Dale represent the building in the balance sheet to be prepared at the end of 2017

Steffi is reviewing various licenses and their uses. match the licenses to their respective uses.

River corp's total assets at the end of last year were $415,000 and its net income was $32,750. what was its return on total assets? a. 7.89%b. 8.29%c. 8.70%d. 9.14%e. 9.59%

Frost corporation incurred the following transactions during its first year of operations. (assume all transactions involve cash.) 1) acquired $1,900 of capital from the owners. 2) purchased $435 of direct raw materials. 3) used $290 of these direct raw materials in the production process. 4) paid production workers $490 cash. 5) paid $290 for manufacturing overhead (applied and actual overhead are the same). 6) started and completed 250 units of inventory. 7) sold 140 units at a price of $6 each. 8) paid $130 for selling and administrative expenses. the amount of raw material inventory on the balance sheet at the end of the accounting period would be: