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Scrat [10]
4 years ago
7

The capitalized cost of land excludes:

Business
1 answer:
svet-max [94.6K]4 years ago
4 0

Answer:

(D) Property taxes for the first year owned.

Explanation:

Capitalized cost is an added expense of a fixed asset. This is not the price paid for an asset but an additional expense incurred overtime in the form of depreciation or amortization. Excluded in this cost is the property taxes for the first year owned. It is included in the cost basis of the asset.

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A country currently has an outstanding debt of $45 billion. Its current-year expenditures are $12 billion and its tax revenue is
zhannawk [14.2K]

Answer:

Answer is B

there will be budget surplus= 14-12= $2 billion

as we have surplus we can divert this amount to pay out the debt so debt will reduce by 2 billion and remaining debt will be of $ 43 billion

6 0
3 years ago
Read 2 more answers
Problem 1-4A (Video) The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2020.
Nonamiya [84]

Answer:

The question is missing cash value to the tune of $39200.00

The statement of goods manufactured schedule has $400,620.00   as the costs of goods manufactured

Secondly, the income statement has $ 77,380.00  as gross profit.

Lastly, the balance sheet has total current assets as  $165,100.00.

Find details in the attached excel file.

Explanation:

Please note that items relating net income were omitted as there was no requirement to calculate net income for the year,only gross profit is required.

Download xlsx
3 0
3 years ago
A politician employs illegal immigrants for housekeeping services. A nearby restaurant also employs illegal immigrants. The rest
Veronika [31]

The politician has more power and position to resist consequences.

<u>Explanation:</u>

The gatherings individuals have a place with on account of their place or position in history and society. All individuals have a social area that is characterized by their sex, race, social class, age, capacity, religion, sexual direction, and geographic area is known as Social location.

Social location is significant in light of the fact that it recognizes that all individuals in a general public don't think the same or experience reality similarly. In spite of numerous favorable circumstances, individuals in progressively special positions can be oblivious to the social experience of the individuals who have experienced separation or persecution.

5 0
3 years ago
Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 24 percent for the next three years, with the growth
djverab [1.8K]

Answer;

$ 70.07

Explanation:

The price of the stock when the dividends level off at a constant growth rate, we then find the PV of the future stock price, including the PV of all dividends during the super normal growth period. The stock start it constant growth in Year 4, so that we can be able to find the price of the stock in Year 3, which is the year before the constant dividend growth begins as:

P3= D3(1 + g) / (R− g) = D0(1 + g1)3(1 + g2) / (R− g)

P3= $3.40(1.24)3(1.06) / (.14 − .06)

P3= $85.89

Therefore the price of the stock today is the PV of the first three dividends, we then add it with the PV of the Year 3 stock price.

Hence the price of the stock today will be:

P0= $3.40(1.24) / 1.14 + $3.40(1.24)2/ 1.142+ $3.40(1.24)3/ 1.143+ $85.89 / 1.143

P0= $70.07

The current shape price is $70.07

7 0
3 years ago
So I am doing a experiment.on how you feel about where you live.if you could please answer these questions below that would be s
hoa [83]
I live in the suburbs of manchester, where i live it’s quiet & rural enough to play in the woods & go on bike rides and stuff but still close enough to the city that we still had to watch out for danger like strangers etc, bc im so close to the city pretty much any entertainment u want is here (cinemas, swimming, bowling, ice skating etc) closer to town theres all restaurants but where i live there just a couple small fast food restaurants and local cafes
8 0
4 years ago
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