Swifty Company buys land for $49100 on 12/31/17. As of 3/31/18, the land has appreciated...
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Accounting
Swifty Company buys land for $49100 on 12/31/17. As of 3/31/18, the land has appreciated in value to $50100. On 12/31/18, the land has an appraised value of $ 51600. By what amount should the Land account be increased in 2018? O $ 1500 O $2500 O $ O $ 1000 During 2018, Crane Corporation reported net sales of $ 2400000, net income of $ 1199000, and depreciation experse of $ 100800. Crane also reported beginning total assets of $ 994000, ending total assets of $ 1506000, plant assets of $809000, and accumulated depreciation of $ 504000. Crane's asset turnover is O 1.59 times O 241 times. O 0.48 times O 1.92 times


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