Hi there!
Usually, this is the case. However, just like when hoverboards first came out, there was a shortage of hoverboards and production activities had to ramp up production. However, after a few months, production activities were at a high level, but demand petered out.
-AwesomeRepublic :)
<span>Big business views the natural resources as being the means to achieve their own business goals. They believe in exploit natural resources for their own needs. On the other hand, conservationists believe in preserving the natural resources and consider it an important source for human survival.</span>
Answer:
a. $1,420,000
b. $4,514,800
Explanation:
When it comes to fixed assets, all costs that directly helped make the asset available for use are to be capitalized.
Cost of Land
= Purchase Value + Cost Incurred to Tear Down 2 Buildings + Legal Fees + Title Insurance Cost + Assessment Cost - Salvage
= 1,300,000 + 110,000 + 5,000 + 3,500 + 9,500 - 8,000
= $1,420,000
Cost of Building
= Architect's Fees + Liability Insurance Cost + Excavation Cost + Contractor's Payment + Interest Cost
= 46,000 + 3,800 + 15,000 + 4,200,000 + 250,000
= $4,514,800
If, in the market for money, the amount of money supplied exceeds the amount of money households and businesses want to hold, the interest rate will rise, causing households and businesses to hold less money.
Option A
<u>Explanation:
</u>
Fiscal policy is the central bank's macroeconomic policy. This covers the supply of money and interest rate control and is also the demand-side economic strategy of a country's government for achieving macroeconomic targets such as inflation, investment, productivity, and liquidity.
If the required quantity is above the amount given, people sell the property to obtain money like bonds. It leads to an increase in bond supply, a drop in bond prices and a higher market interest rate. If the volume supplied meets the necessary number, capital is increasing by purchasing a certain property, such as bonds.
The supply of money meets the demand for money, and the real rate of interest is higher than the number of equilibrium.
Answer:
Explanation:
Basically there are three types of activities:
1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.
2. Investing activities: It records those activities which include purchase and sale of the fixed assets
3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.
So, the items reported or not reported is shown below:
1. $75,000 cost of office equipment - not reported
2. $58,000 accumulated depreciation - not reported
3. $20,200 sales price - investing activities - added
4. $3,200 gain on sale of equipment - operating activities - deducted
