Business, 11.02.2021 18:00, boweytom6217

A vacant lot acquired for $500,000, on which there is a balance owed of $300,000, is sold for $660,000 in cash. The seller pays the $300,000 owed. What is the effect of these transactions on the total amount of the seller's (1) assets, (2) liabilities, and (3) stockholders' equity

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 09:40, ameliaduxha7

You plan to invest some money in a bank account. which of the following banks provides you with the highest effective rate of interest? hint: perhaps this problem requires some calculations. bank 1; 6.1% with annual compounding. bank 2; 6.0% with monthly compounding. bank 3; 6.0% with annual compounding. bank 4; 6.0% with quarterly compounding. bank 5; 6.0% with daily (365-day) compounding.

Answers: 3

continue

Business, 22.06.2019 10:00, chancegodwin5

In a small group, members have taken on the task roles of information giver, critic/analyzer, and recorder, and the maintenance roles of gatekeeper and follower. they need to fulfill one more role. which of the following would be most effective for their group dynamics? a dominator b coordinator c opinion seeker d harmonizer

Answers: 1

continue

Business, 22.06.2019 22:40, michelerin9486

Utilization will always be lower than efficiency because: a. effective capacity is greater than design capacityb. expected output is less than actual output. c. effective capacity equals design capacity. d. effective capacity is less than design capacity. e. expected output is less than rated capacity.

Answers: 3

continue

Business, 23.06.2019 05:30, Juanga122

Scientists developed the first successful human cell culture in vitro (grown in a lab) in the 1950s by removing cancer cells from a woman. this concept has allowed modern scientists to successfully grow organs. which of the following answers bestdetermines why there was success? neurons send a signal to the cell to multiply. a large blood supply to the cell allows enough nutrients for growth. cells are the basic unit of life and thus can regenerate if in a controlled environment. cells cannot reproduce on their own, and the scientist manipulates them to grow.

Answers: 1

continue

Do you know the correct answer?

A vacant lot acquired for $500,000, on which there is a balance owed of $300,000, is sold for $660,0...