Which boat did you choose and why?What is one disadvantage of your boat?What is your average race speed?

Estimate your travel costs and to calculate your average speed and the speed of last year’s winner Which category? Choose your boat Your proposal will also discuss how likely it is that you’ll win the race. In Part II, you’ll calculate your average race speed for the type of boat you’ve chosen. 1. Which boat […]

How should Valerie and Miller record these transactions?

On January 1, year 1, Miller Corporation promises to “unconditionally” transfer a building that cost $100,000 (appraised recently at $300,000) to Valerie Company on January 1, year 2 for a boat she bought for $250,000. As of December 31, year 2, Miller still has not transferred title to the building, although it received title to […]

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