How can networking with friends colleagues or members of an organization helping to get to where you want to be

Beaver Company purchased land as a factory site for $400,000. The process of tearing down two old buildings on the site and cons

Anna11 [10]

Answer:

When it comes to capitalizing assets, all expenses that relate to the acquisition and installation of the asset will be capitalized.

Land

= Cost of land + razing cost + Legal fees + Title insurance - Salvaged lumber

= 400,000 + 42,000 + 1,850 + 1,500 - 6,300

= $‭439,050‬

Building

= Survey cost + Drawn up factory plans + liability insurance + Construction cost + interest cost

= 2,200 + 68,000 + 900 + 2,740,000 + 170,000

= $‭2,981,100‬

6 0

3 years ago

The Wood Valley Dairy makes cheese to supply to stores in its area. The dairy can make 344 pounds of cheese per day (359 days pe

djyliett [7]

Answer:

the minimum total annual cost is $3,372.58

Explanation:

Step 1 Calculate the the Optimum Batch Size for Production run

OBS = √(2×Total demand×Set-up Costs)/Holding Cost per unit

= √(2×59×359×$266)/$1.01

= 3341

Step 2 Calculate the minimum total annual cost

Total costs = Set up costs + Carrying Costs

= (59×359)/3341 × $266 + 3341/2×$1.01

= $1,686.37 + $1,687.21

= $3,372.58

6 0

4 years ago

What will happen if a shoe firm sells its shoes at a price lower than the opportunity cost of the inputs used in the production

Maslowich

Had to look for the options and here is my answer. What happens when a shoe firm puts its shoes on sale at a price that is lower than the opportunity cost of the inputs used in the process of production is that the firm will possibly make losses between the accounting and economic aspects.

5 0

4 years ago

Can you Describe the system that critics of mining towns referred to as wage slavery? Why did critics adopt this name?

telo118 [61]

ANSWERS: There was a format called Company Town where the company would virtually own and control the entire town including daily need item stores. Workers were lured with attractive wages and accommodation. But, the wages were paid in 'Scrips' which were company printed currency meant to be spent in the stores owned by the company owned and controlled stores inside the company town. This led to the employees getting dependent on employers and their personal freedom and space getting interfered by employers. This relation led to the term 'Wage Slavery'. This practice was continued in mining town till 1960s whereas the concept of company town ended in the 1920s.

7 0

3 years ago

Read 2 more answers

You can buy property today for $3 million and sell it in 5 years for $4 million. (You earn no rental income on the property.) (L

kolbaska11 [484]

Answer:

a) Present Value of sales = $2,722,332.78

b) Property is not attractive. NPV$ (277,667.21)

c) Property is attractive. NPV-$520,874.79

Explanation:

The present value of the property

PV = S× (1+r)^(-n)

S- Sales value

r- interest rate -8%

n- number of years

PV - present value

PV = 4,000,000× 1.08^(-5) = $2,722,332.78

b. Is the property investment attractive to you?

We calculated the PV of the investment as follows

NPV = PV of sales value - initial cost

= 2,722,332.78 - 3,000,000=$ (277,667.21)

The property investment is not attractive because it will produce a loss in capital i.e negative NPV

C

To determine we will calculate the NPV again with considering the additional rental income

PV of annual rent = 200,000 × (1-1.08^(-5))/0.08= 798,542.00

NPV = 798,542.00 + 277,667.2119 - 3,000,000 =520,874.79

The property is attractive as it produces positive NPV

8 0

4 years ago