Winslow Company sold investment land to an unrelated purchaser. The purchaser paid $250,000 cash, assumed Winslow's $600,000 mortgage on the land, and gave Winslow its $580,000 ten-year, interest-bearing note. Compute Winslow's amount realized on sale.
A. $850,000
B. $830,000
C. $250,000
D. $1,430,000
Answer: D
You might also like to view...
Impression management is the process of making an apology for a mistake
Indicate whether the statement is true or false
The cash flow from operations to capital expenditures ratio measures a company's ability to
a. use operations to finance its acquisitions of productive assets. b. use cash flows from capital expenditure transactions to maintain working capital. c. increase its capital expenditures as a result of profitable operations. d. pay its current bills from profits made using productive assets.
Discussing how your readers or listeners will bene?t from your plan is essential. When writing a letter,. memo, or e-mail, you should state the bene?ts
A) After an introductory paragraph. B) In the ?rst paragraph. C) At the conclusion. D) All of the above. E) B and C.
Self-appraisals are best for
A. administrative purposes. B. developmental purposes. C. promotional purposes. D. regulatory purposes.