Kansas company acquired a building valued at $210,000 for property tax purposes in exchange for 12,000 shares of its $5 par common stock. the stock is widely traded and sold for $15 per share. at what amount should the building be recorded by kansas company?

a.$210,000
b.$180,000
c.$60,000
d.$120,000

Which of the following best describes the economic effect that results when the government increases interest rates and restricts the lending of money? a. borrowing money becomes more expensive and there is less investment in production. b. the economy grows as investments result in larger profits. c. government spending drives up prices because of greater competition for goods and services. d. consumers save more money and spend less buying goods and services.

Find the interest rate for a $4000 deposit accumulating to $5234.58, compounded quarterly for 9 years

Perez, inc., applies the equity method for its 25 percent investment in senior, inc. during 2018, perez sold goods with a 40 percent gross profit to senior, which sold all of these goods in 2018. how should perez report the effect of the intra-entity sale on its 2018 income statement?