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Southern Company owns a building that it leases to others. The building's fair value is $1,900,000 and its book value is $1,200,000 (original cost of $2,500,000 less accumulated depreciation of $1,300,000). Southern exchanges this for a building owned by the Eastern Company. The building's book value on Eastern's books is $1,350,000 (original cost of $2,100,000 less accumulated depreciation of $750,000). Eastern also gives Southern $190,000 to complete the exchange. The exchange has commercial substance for both companies.
Prepare the journal entries to record the exchange on the books of both Southern and Eastern.
What is the mean income and mean number of hours worked - what is the correlation coefficient between the outcome and predictor variables? Is it significant? How would you describe the strength and direction of the relationship?
During a holiday month, a retail store brings in 300% above its average sales in other months.If a typical month has $1600 in sales, and has fixed costs of $800 per month. What is the profit for a holiday month?
Describe one real-life example of where rational equations are used at home. For ideas, look in the textbook or online. Describe one of them in detail.
Determine the production level that gives maximum profit, and determine the amount of the maximum profit. (Round your answers to two decimal places.)
Students arrival at a university library follows Poisson with a mean of 20 per hour. Determine the probability that no student arrives in the next I hour.
In an essay, compare and contrast the use of the SDLC and Scrum for developing your application. Recommend one of these two processes and justify your recommendation
Find a hyperbolic rigid motion that transforms the bowed geodesic from (-4,0) to (2,0) to the bowed geodesic from(10,0) to (20,0)?
A truck can be rented from Company A for $110 a day plus $0.20 per mile. Company B charges $60 a day plus $0.30 per mile to rent the same truck. How many miles must be driven in a day to make the rental cost for Company A a better deal than Compan..
(a) If you expect that in retirement your account will earn 5%, how much will you need to generate the payments that you want?
a building is 48 meters high and casts a shadow 30 meters long. A person casts a shadow 0.8 meters long. How tall is the person?
a plane leaves the aircraft carrier and heads due north at 500km/h. The aircraft carrier heads 30 degrees west of south at 35km/h. The plane only has 4 hours worth of fuel left. Calculate the distance the plane travels north, so that the plane can..
derive an expression for the closed loop function show that the value of is 0.8 when the following values of the
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