Answer:
The answer is given below;
Explanation:
Land Account As at September 30,2022
Amount in $
Land Value 570,000
Broker Commission 50,000
Legal Fees 8,000
Title Insurance 25,000
Cost of Razing 89,000
Total 742,000
Office Building-Total Cost Amount in $
Contract price to barnett 4,400,000
Plans and Blueprint 26,000
Design and Supervision 98,000
March-December 2021
Borrowing Costs 1,040,000*12%*9/12 93,600
January-September 2022
Borrowing Costs 3,000,000*12%*9/12 270,000
Total Cost 4,887,600
Answer:
2
Explanation:
The company's cash flow from operating activities can be calculated as follows:
$
Net Income 10
Add:depreciation expense 2
Less:changes in accounts receivable (5)
(20-25)
Less:changes in accounts payable (10)
(5-15)
Add:changes in inventory 5
(12-7)
Cash flow from operating activities 2
The amount of stockholder's equity is calculated as -
Total stockholder's equity = Common stock issued + Additional paid in capital + Retained earnings - Treasury capital
Total stockholder's equity = $ 12,000 + 11,000 + $ 12,000 - $ 4,000
Total stockholder's equity = $ 31,000
Answer:
true
Explanation:
this then narrows what resources both in material and finances have to be put into further marketing and sales of said products
