Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. riverboat adventures pays $380,000 plus $14,000 in

Riverboat Adventures pays $380,000 plus $14,000 in closing costs to buy out a competitor. The...

50.1K

Verified Solution

Question

Accounting

Riverboat Adventures pays $380,000 plus $14,000 in closing costs to buy out a competitor. The real estate consists of land appraised at $54,600, a building appraised at $155,400, and paddleboats appraised at $210,000. Compute the cost that should be allocated to the building.

Multiple Choice

  • $77,700.

  • $155,400.

  • $223,480.

  • $140,600.

  • $145,780.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Suppose that the weight of seedless watermelons is normally distributed with mean 6.5 kg. and standard...

Statistics
Q

Case studies offer a practical problem for which you supply a written solution. There is not...

Programming
Q

Focus on one of these network security solutions (e.g. VPN, firewalls, proxy server, IDS, etc.) and explain...

Programming
Q

Among 40 individuals, 4 are heterozygous for a particular locus with two alleles (A1 and A2),...

Biology
Q

THE PERFORMANCE PROBLEM! A well-established business is having performance problems; at least as far as management is...

General Management
Q

A figure is translated 3 3 Which translation will move the image back to the...

Geometry
Q

One of the lamp posts at a bank has a motion detector on it, and...

Basic Math
Q

What are the x-intercepts of the function f (x) = (x ? 9) (x -...

Basic Math
Q

A company that uses a job order costing system incurred $10,000 of factory payroll during...

Accounting
Q

please i need answers for this questions! thanks in advance 1-It is not...

Accounting
Q

1 You are trying an investment in corpore bored which as YTM 720%, and a...

Accounting
Q

Please solve all Calculation of individual costs and WACC Dillon Labs has asked its...

Finance