On April 1, 2020, Renfro Corporation purchased land, a building, and some
equipment for $633,000. The following information is available concerning
the property purchased:

Current Market Value
Land 150,420
Building 366,240
Equipment ?

Before the property could be used, Renfro had to spend $25,320 to renovate
the building and $7,140 to put the equipment in working order. The cost
that was assigned to the building totaled $379,800.

Calculate the cost assigned to the equipment

When is going to be why would you put money into saving account

When partners own different portions of the business, the terms should be stated clearly in what document? the articles of incorporation the executive summary the business summary the partnership agreement

You are working on a bid to build two city parks a year for the next three years. this project requires the purchase of $249,000 of equipment that will be depreciated using straight-line depreciation to a zero book value over the three-year project life. ignore bonus depreciation. the equipment can be sold at the end of the project for $115,000. you will also need $18.000 in net working capital for the duration of the project. the fixed costs will be $37000 a year and the variable costs will be $148,000 per park. your required rate of return is 14 percent and your tax rate is 21 percent. what is the minimal amount you should bid per park? (round your answer to the nearest $100) (a) $214,300 (b) $214,100 (c) $212,500 (d) $208,200 (e) $208,400