Santos Sangria is a 1 0 0 - plus - year - old distiller and makes the
Fantastic news! We've Found the answer you've been seeking!
Question:
Santos Sangria is a plusyearold distiller and makes the worlds premier sangria. The sangria is produced in two bottling facilities, one of which is years old and has an area of square feet and the other was built in and is square feet.
Last year, both facilities upgraded their production lines, each putting in state of the art equipment. Both facilities are located on acres of land, which Santos Sangria purchased for just $M in
Relevant information
Recently, a square foot bottling facility in an adjacent town sold for $M The transaction did not include any equipment
The average bottling facility sells for $ per square foot
years ago, a square foot yearold bottling facility sold for $M
Santos Sangrias land value has been appraised for insurance purposes at $M
A acre plot of land directly next to Santos Sangrias land recently sold for $M
Santos Sangrias Balance Sheet
Cash
Inventory
Receivables
Land
Buildings
Equipment
Goodwill
Total assets
Shortterm debt
Payables
Longterm debt
Equity
Total L & E
Values in millions of $US
Question
Based on the information available to you, what land value adjustments in millions of dollars would you make?
Note: Please enter only numerical values here. For example, if your answer is million, enter
Question
Based on the available information, what equipment value adjustments in millions of dollars would you make?
a $M
b $M
c No adjustments required
Question
Question pts
Based on the available information, what building value adjustments in millions of dollars would you make?
Note: Please enter only numerical values here. For example, if your answer is million, enter
Related Book For
Financial Accounting
ISBN: 978-0078025556
8th edition
Authors: Robert Libby, Patricia Libby, Daniel Short
Posted Date: