Business
Business, 19.09.2019 20:30, dummynate

Ratliff development corporation purchases a tract of land in 2018 at a cost of $120,000 and subdivides the land into 30 building lots. the cost of subdividing is $6,000. in 2018, ratliff installs roads and utilities at a cost of $36,000 and pays property taxes totaling $2,000 in 2018 and 2019. interest paid on the loan used to purchase the land is $10,000 in 2018 and $6,000 in 2019. in 2019, ratliff sells 10 lots for a total of $350,000. what is the corporation’s gain or loss on the sale of the lots?

answer
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 20:30, asalaslex133369
As a group is leaving, you ask them if they had a good experience at the restaurant. they mention that they had poor service and their food was cold. a. apologize and ask them to give the restaurant another chance in the future. you tell them that guests usually have a great experience here. b. apologize then ask for the server’s name and immediately notify the manager after they leave. c. apologize for the bad experience and ask them to wait as you call the manager to talk to them. d. apologize for the bad experience and encourage them to complete the customer service survey. this feedback will ensure other guests do not have the same experience.
Answers: 2
image
Business, 22.06.2019 05:00, vadrian4056
Every 10 years, the federal government sponsors a national survey of health and health practices (nhanes). one question in the survey asks participants to rate their overall health using a 5-point rating scale. what is the scale of measurement used for this question? ratio ordinal interval nominal
Answers: 1
image
Business, 22.06.2019 15:30, thall5026
Calculate the required rate of return for climax inc., assuming that (1) investors expect a 4.0% rate of inflation in the future, (2) the real risk-free rate is 3.0%, (3) the market risk premium is 5.0%, (4) the firm has a beta of 2.30, and (5) its realized rate of return has averaged 15.0% over the last 5 years. do not round your intermediate calculations.
Answers: 3
image
Business, 22.06.2019 19:00, karmaxnagisa20
By 2020, automobile market analysts expect that the demand for electric autos will increase as buyers become more familiar with the technology. however, the costs of producing electric autos may increase because of higher costs for inputs (e. g., rare earth elements), or they may decrease as the manufacturers learn better assembly methods (i. e., learning by doing). what is the expected impact of these changes on the equilibrium price and quantity for electric autos?
Answers: 1
Do you know the correct answer?
Ratliff development corporation purchases a tract of land in 2018 at a cost of $120,000 and subdivid...

Questions in other subjects:

Konu
SAT, 13.07.2020 17:01
Konu
Mathematics, 13.07.2020 17:01
Konu
Mathematics, 13.07.2020 17:01