Tamarack company purchased a plant from one of its suppliers. the $1,000,000 purchase price included the land, a building, and factory machinery. tamarack also paid $6,000 in legal fees to negotiate the purchase of the plant. an appraisal showed the following values for the items purchased: property assessed value land $126,000 building 456,000 machinery 318,000 total $900,000 using the assessed value as a guide, allocate the total purchase price of the plant to the land, building, and machinery accounts in tamarack company’s records. do not round until your final answers. round answers to the nearest dollar. asset allocation of purchase price land answer building answer machinery answer total answer

If the government is required to balance the budget and the economy falls into a recession, which of the actions is a feasible policy response? cut taxes to encourage consumer spending invest in infrastructure increase government spending to stimulate the economy cut spending equal to the reduction in tax revenue what is a likely consequence of this policy? unemployment falls due to the economic stimulus. the negative consequences of the recession are magnified. consumer spending increases due to their ability to keep more of their after-tax income. there is hyperinflation due to an increase in aggregate demand.

Uppose that the federal reserve purchases a bond for $100,000 from donald truck, who deposits the proceeds in the manufacturer’s national bank. what will be the impact of this purchase on the supply of money? the money supply will increase by $100,000. the money supply will increase by $80,000. the money supply will increase by $500,000. this action will have no effect on the money supply. if the reserve requirement ratio is 20 percent, what is the maximum amount of additional loans that the manufacturer’s bank will be able to extend as the result of truck’s deposit? the maximum additional loans is $100,000. the maximum additional loans is $80,000. the maximum additional loans is $20,000. the maximum additional loans is $500,000. given the 20 percent reserve requirement, what is the maximum increase in the quantity of checkable deposits that could result throughout the entire banking system because of the fed’s action? this action will have no effect on the money supply. the money supply will eventually increase by $80,000. the money supply will eventually increase by $500,000. the money supply will eventually increase by $100,000.

Each row in a database is a set of unique information called a(n) table. record. object. field.