. On September 1, the company acquired five acres of land with a building that will...
. On September 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar paid $200,000 in cash for the property. According to appraisals, the land had a fair value of $134,200 and the building had a fair value of $85,800.
Homework Answers
| Land | 122000 | ||
| Building | 78000 | ||
| Cash | 200000 | ||
| Fair Value | % Total fair Value | Initial Valuation | |
| Land | 1,34,200 | 61% | 122000 |
| Building | 85,800 | 39% | 78000 |
| 2,20,000 | 100% | 200000 |
Add Answer to:
. On September 1, the company acquired five acres of land with a
building that will...
1. On September 1, the company acquired five acres of land with a building that will...
1. On September 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar paid $110,000 in cash for the property. According to appraisals, the land had a fair value of $78,000 and the building had a fair value of $52,000. 2. On September 1, Tristar signed a $41,000 noninterest-bearing note to purchase equipment. The $41,000 payment is due on September 1, 2014. Assume that 8% is a reasonable interest rate. 3....
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Tristar Production Company began operations on September 1, 2018. Listed below are a number of transactions that occurred during its first four months of operations. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) 1. On September 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar paid $200,000 in cash for the property....
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ristar Production Company began operations on September 1, 2013. Listed below are a number of transactions that occurred during its first four months of operations. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) 1. On September 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar paid $200,000 in cash for the property....
Tristar Production Company began operations on September 1, 2021. Listed below are a number of transactions...
Tristar Production Company began operations on September 1, 2021. Listed below are a number of transactions that occurred during its first four months of operations. (FV of $1. PV of $1. FVA of $1. PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) points Skipped 1. On September 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar paid $220.000 in cash for...
Tristor Production Company began operations on September 1, 2018. Listed below are e number of transections...
Tristor Production Company began operations on September 1, 2018. Listed below are e number of transections that occurred during its first four months of operations. (FV of $1. PV of S1. EVA of SE PVA of $1. EVAD oE St and PVAD of S (Use appropriste factor(s) from the tables provided.) 1. On September 1, the company acquired five acres of lond with a building that will be used as a warehouse Tristar paid $180,000 in cash for the property...
Tristar Production Company began operations on September 1, 2018. Listed below are a number of transactions...
Tristar Production Company began operations on September 1, 2018. Listed below are a number of transactions that occurred during its first four months of operations. 1. On September 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar paid $100,000 in cash for the property. According to appraisals, the land had a fair value of $75,000 and the building had a fair value of $45.000 2. On September 1, Tristar signed...
Tristar Production Company began operations on September 1, 2018. Listed below are a number of transactions...
Tristar Production Company began operations on September 1, 2018. Listed below are a number of transactions that occurred during its first four months of operations. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) 1. On September 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar paid $110,000 in cash for the property....
Tristar Production Company began operations on September 1, 2021. Listed below are a number of transactions...
Tristar Production Company began operations on September 1, 2021. Listed below are a number of transactions that occurred during its first four months of operations. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) On September 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar paid $150,000 in cash for the property. According...
Tristar Production Company began operations on September 1 2021. Listed below are a number of transactions...
Tristar Production Company began operations on September 1 2021. Listed below are a number of transactions that occurred during its first four months of operations. EV of $1. PV of SLEVA of $1. PVA of $1. FVAD of $1 and PVAD OSD) (Use appropriate factor(s) from the tables provided.) 1. On September 1, the company acquired five acres of land with a building that will be used as a warehouse Tristar paid $290,000 in cash for the property. According to...
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ristar Production Company began operations on September 1, 2021. Listed below are a number of transactions that occurred during its first four months of operations. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) On September 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar paid $300,000 in cash for the property. According...
Tristar Production Company began operations on September 1, 2018. Listed below are a number of transactions that occurred during its first four months of operations. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) 1. On September 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar paid $200,000 in cash for the property....
Tristar Production Company began operations on September 1, 2021. Listed below are a number of transactions that occurred during its first four months of operations. (FV of $1. PV of $1. FVA of $1. PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) points Skipped 1. On September 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar paid $220.000 in cash for...
Tristor Production Company began operations on September 1, 2018. Listed below are e number of transections that occurred during its first four months of operations. (FV of $1. PV of S1. EVA of SE PVA of $1. EVAD oE St and PVAD of S (Use appropriste factor(s) from the tables provided.) 1. On September 1, the company acquired five acres of lond with a building that will be used as a warehouse Tristar paid $180,000 in cash for the property...
Tristar Production Company began operations on September 1, 2018. Listed below are a number of transactions that occurred during its first four months of operations. 1. On September 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar paid $100,000 in cash for the property. According to appraisals, the land had a fair value of $75,000 and the building had a fair value of $45.000 2. On September 1, Tristar signed...
Tristar Production Company began operations on September 1, 2018. Listed below are a number of transactions that occurred during its first four months of operations. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) 1. On September 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar paid $110,000 in cash for the property....
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