land and the building on the land were purchased for $336000. The appraisal values of the land and the building are $60000 and $300000 respectively. The cost allocated to the building should be?

All of the following are operating leases except a
1. monthly lease on building that can be canceled in 90 days
2. 10 year lease on a new building
3. 2 year lease on truck with an option to renew for one more year
4. 5 year lease of a computer with an option to buy for a small amount at the end

dian designs has two classes of stock authorized: 8%, 10 par preferred and $1 par value common. The following transaction affect stockholders' equity during 2010, its firstyear of operations.

Jan. 1 Issue 200,000 shares of common stock for $15 per share.

Feb. 6 Issue $1,000 shares of preferred stock for $11 per share.

Oct. 10 Repurchase 10,000 share of its own common stock for $18 per share.

Nov. 12 Reissue 5,000 shares of treasury stock at $20 per share.

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Your TEST? Even if this was homework, we do not just do your homework for you. Read the link Ben gave you. But the time to get help (help, not answers) is when you're doing homework, NOT on your test.

Tests are to see if you learned what you were supposed to. Asking for help is unethical. I hope my doctor didn't pass his tests this way.

You're on your own, sorry.

300000:360000=83%
60000:360000=17%
336000-100%
X - 17%
x=Wrong answer