Question: please answer! ive been waiting over an hour and no help Global Wildlife purchased land adjacent to their property on January 2, 20X4 in order

Global Wildlife purchased land adjacent to their property on January 2, 20X4 in order to expand the territory over which the animals have to roam. They issue a $2,199,200,5-year, zero interest bearing note to purchase the land. The note will be paid off in five equal installments, due at the end of each year over the life of the note. Interest is 11%. Potential factors: FV of ordinary annuity for n=5 and 1=11% is 6.22780; FV of ordinary annuity for n=11 and i=5% is 14.20679; PV of ordinary annuity for n=5 and i=11% is 3.69590; PV of annuity due for n=5 and i=11% is 4.102449. The journal entry to record the purchase would include a a, a debit to land in the amount of $1,804,420 b. a debit to discount on note of $394,779 c. a debit to land in the amount of $1,625,605 o d. a credit to discount on note of $573,595 e. a debit to land in the amount of $2,739,236 Clear my choice Consider a company that uses its own common stock to purchase a building. When deciding whether to use the value of the stock or the appraised value of the building as the purchase price, the company should determine a. which value is higher b. which value is lower c. which value is more known and agreeable to both parties
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