Tanaka Company has land that cost $15,000,000. Its fair value on December 31, 2012, is $20,000,000. Tanaka
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (13 reviews)
Land Cost 15000000 and Fair value is 20000000 Unrealized gai...View the full answer
Answered By
David Muchemi
I am a professional academic writer with considerable experience in writing business and economic related papers. I have been writing for my clients who reach out to me personally after being recommended to me by satisfied clients.
I have the English language prowess, no grammatical and spelling errors can be found in my work. I double-check for such mistakes before submitting my papers.
I deliver finished work within the stipulated time and without fail. I am a good researcher on any topic especially those perceived to be tough.
I am ready to work on your papers and ensure you receive the highest quality you are looking for. Please hire me to offer my readily available quality service.
Best regards,
4.60+
27+ Reviews
61+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
Tanaka Ltd. has land that cost 15,000,000. Its fair value on December 31, 2022, is 20,000,000. Tanaka chooses the revaluation model to report its land. Explain how the land and its related valuation...
-
Tanaka Ltd. has land that cost 15,000,000. Its fair value on December 31, 2019, is 20,000,000. Tanaka chooses the revaluation model to report its land. Explain how the land and its related valuation...
-
(D) If the partial pressure of A in V2 is 20.132 kPa at time t, calculate the diffusion coefficient DAB in SI units? Two glass bulbs with volumes V and V (0.2 m and 0.3 m, respectively) are filled...
-
2. Consider two households, one with an income twice as large as the other. Both households pay the equivalent of 5% of their income to consume free (public) education to the quantity PS (where PS...
-
Determine the total amount of tax due and the amount of the alternative minimum tax in each of the following situations: a. Wilbur Corporation's regular tax liability is $180,000, and its tentative...
-
Could 75 g of sodium nitrate be dissolved in 90.0 g of water at 60.0C?
-
Distinguish the following data as discrete or continuous. Explain why. a. Temperature. b. Speed. c. Number of orders. d. Age. e. Weight. f. Price. g. Count.
-
The treasurer of Westmark Industrial, Inc ., a wholesale distributor of household appliances, wants to estimate his company's cash balances for the first three months of 2018. Using the following...
-
Figure 1 of 1 EXECUTE Part E Write the equation for the x-coordinate of the ball as a function of time t. Express your answer in terms of the variables vo, 0, 0, t, and the acceleration due to...
-
Axon Corporation, which has three divisions, is preparing its sales budget. Each division expects a different growth rate because economic conditions vary in different regions of the country. The...
-
Bill Haley is learning about pension accounting. He is convinced that, regardless of the method used to recognize actuarial gains and losses, total comprehensive income will always be the same. Is...
-
In 2012, Ghostbusters Corp. spent $420,000 for goodwill visits by sales personnel to key customers. The purpose of these visits was to build a solid, friendly relationship for the future and to gain...
-
On the advice of your financial advisor, you buy 50 shares of a company at the price of \( 17\) per share. She has told you that there is an \(80 \%\) probability that the stock price will increase...
-
Why might the Internet be considered a great niche-marketing tool?
-
How does mobile media marketing help an IMC campaign be more consumer focused?
-
What needs to be considered before determining whether to use alternative media as a primary or secondary media source?
-
There are four categories of app users. Define each.
-
The marriage of mobile and social is known as SoLoMo. Define what it is and how it is used.
-
The Dybvig Corporations equity has a beta of 1.3. If the riskfree rate is 4.5 per cent and the expected return on the market is 12 per cent, what is Dybvigs cost of equity capital?
-
Research corporate acquisitions using Web resources and then answer the following questions: Why do firms purchase other corporations? Do firms pay too much for the acquired corporation? Why do so...
-
If in repeated rolls of two fair dice the odds for rolling a sum of 8 before rolling a sum of 7 are 5 to 6, then what is the probability of rolling a sum of 8 before rolling a sum of 7?
-
Identify and briefly describe the two methods generally employed to account for the cash received in situations where the collection of the sales price is not reasonably assured.
-
Identify and briefly describe the two methods generally employed to account for the cash received in situations where the collection of the sales price is not reasonably assured.
-
What is the deposit method and when might it be applied?
-
As of June 30, Year 1, the bank statement showed an ending balance of $16,878. The unadjusted Cash account balance was $15,239. The following information is available: 1. Deposit in transit, $2,190....
-
Superior Company provided the following data for the year ended December 31 (all raw materials are used in production as direct materials): Selling expenses Purchases of raw materials Direct labor...
-
Marin Company produces two software products (Cloud-X and Cloud-Y) in two separate departments (A and B). These products are highly regarded network maintenance programs. Cloud-X is used for small...
Study smarter with the SolutionInn App