"To A" creates a fee simple interest
Indicate whether the statement is true or false
True
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Tarkington Beers, Inc purchased the most popular and well-known pub in a college town. Its purchase price was $1,200,000 . The appraisers determined that the land should be valued at $400,000, the building at $500,000 and the equipment at $200,000 . Which of the following statements is correct?
a. Tarkington Beers, Inc. should record only the appraised value of the assets. b. Tarkington Beers, Inc. needs to adjust the value of the assets in proportion to their appraised value so that the total of the assets equals the purchase price. c. Tarkington Beers, Inc. paid too much for the business and needs to record a loss. d. Tarkington Beers, Inc. needs to record goodwill of $100,000.
In a Computer Aided Software Engineering (CASE) environment, a structure diagram
a. presents an overview model of the primary transactions processed b. graphically depicts the iceberg effect c. presents a model of the program code that constitutes the physical system d. is prepared by the systems analyst
Hallmark's classic "When you care enough to send the very best" slogan appeals to which need category in Maslow's hierarchy?
A) physiological B) social C) esteem D) self-actualization E) safety
If the merchandise costs $5,000, insurance in transit costs $250, tariff costs $75, processing the purchase order by the purchasing department costs $25, and the company receiving dock personnel cost $20, what is the total cost charged to the merchandise?
A) $5,325 B) $5,370 C) $5,350 D) $5,000