Darrin Brown bought a pub. The purchase price was $695,000 . An appraiser provided the following appraisal values: land $320,000: building $370,000 and equipment $60,000 . What cost should be allocated to the building?
a. $370,000
b. $695,000
c. $342,867
d. $399,281
c
You might also like to view...
Sales letters can be more direct and personal than commercials on radio and television
Indicate whether the statement is true or false
Which of the following is the primary function of a wiki?
A) It allows users to join online groups in order to buy a particular item. B) It allows users to add and edit interlinked web pages. C) It allows users to communicate through instant messaging and electronic mail. D) It allows users to interact synchronously and make decisions together.
The primary reason the annual report is important in finance is that it is used by investors when they form expectations about the firm's future earnings and dividends, and the riskiness of those cash flows
a. True b. False Indicate whether the statement is true or false
Use the table provided in the handbook. With a mortgage of $80,000 at 13% for 25 years, by what amount is the principal reduced the first month?
What will be an ideal response?