Land was purchased to be used as the site for the consruction of a plant. A building on the property was sold and removed by the buyer so that construction on the plant could begin. The proceeds from the sale of the building should be:

a. Classified as other income.

b. Deducted from the cost of the land.

c. Netted against the costs to clear he land and expensed as incurred.

d. Netted against the costs to clear the land and amortized over the life of the plant.

The revenues of a company increased by 39% in year one and decreased 22% in year two. what is the overall change over the two-year period?

Imagine you own an established startup with growing profits. you are looking for funding to greatly expand company operations. what method of financing would be best for you?

Assume that a local bank sells two services, checking accounts and atm card services. the bank’s only two customers are mr. donethat and ms. beenthere. mr. donethat is willing to pay $8 a month for the bank to service his checking account and $2 a month for unlimited use of his atm card. ms. beenthere is willing to pay only $5 for a checking account, but is willing to pay $9 for unlimited use of her atm card. assume that the bank can provide each of these services at zero marginal cost.refer to scenario 17-5. if the bank is unable to use tying, what is the profit-maximizing price to charge for a checking account