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pentagon [3]
3 years ago
10

A company purchases a remote site building for computer operations. The building will be suitable for operations after some expe

nditures. The wiring must be replaced to computer specifications. The roof is leaky and must be replaced. All rooms must be repainted and recarpeted and there will also be some plumbing work done. Which of the following statements is true?
a) The cost of the building will not include the repainting and recarpeting costs.
b) The cost of the building will include the cost of replacing the roof.
c) The cost of the building is the purchase price of the building, while the additional expenditures are all capitalized as Building Improvements.
Business
1 answer:
KIM [24]3 years ago
3 0

Answer:

b) The cost of the building will include the cost of replacing the roof.

Explanation:

As for the information provided,

We know that the capital expenditure is capitalized and that the revenue expenditure is provided in income statement.

The capital expenditure is added in the cost of fixed assets and then depreciated as part of it.

The entire replacement of roof will be a huge part of consideration of building, and is capital in nature. Thus, it shall be part of cost of building.

Remaining all expenses are not capital in nature.

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Which of the following is needed to implement the marketing concept?
Inga [223]

Answer:

According to my opinion all the given choices are right.

Explanation:

To implement the concept of marketing, the organization need to know,

a) Marketing strategy: A overall plan for reaching the customer

b) Research: research about what is need of the customer, their expectations, possibility of producing it, etc so that the product will run in the market successfully.

c) Identify competitive market: Yes this is surely need to run business and to have good challenge to improve and keep up the brand name

d) a plan for top management practices: Building up hierarchy shows the growth of the organization.

4 0
3 years ago
Explain on how can norms be used to reduce deviant workplace behavior​
Strike441 [17]

Answer:

<h3>Set a clear tone that it won't be tolerated and establish penalties for those who go down that road.</h3>

<h2>Please don't delete my answer :(</h2>

Explanation:

<h2>#Princesses Rule</h2>
8 0
2 years ago
Country Homes Corporation just recorded a transaction in its books. If this transaction increased the total liabilities by $10,0
sladkih [1.3K]

Answer:

B. assets must increase, or equity must decrease by $10,000

Explanation:

As it is given that

The transaction increased the total liabilities by $10,000 which either increase the assets or decrease the equity by $10,000 as per the accounting equation

As we know that

Accounting equation is

Total assets = Total liabilities + owner equity

So by following this equation the appropriate answer is B as the transaction focused on balancing the accounting equation

8 0
3 years ago
Jordan is a manager at a technology firm. When the top management makes decisions, Jordan explains it to his subordinates and gi
ioda

Answer:

In the context of the different leader styles, Jordan uses the participating style

Explanation:

Participative leadership also known as Democratic Leadership Style is a method of leadership that involves all team members in terms of identifying important goals as well as developing strategies and procedures to achieve the goals.

7 0
3 years ago
Marigold Corp. had 1,000,000 shares of common stock issued and outstanding at December 31, 2017. On July 1, 2018 an additional 1
neonofarm [45]

Answer:

1,573,000 shares

Explanation:

The computation of the shares computing diluted earnings per share for 2018 is shown below:

= 1,000,000 shares × 6 months ÷ 12 months + 2,000,000 shares × 6 months ÷ 12 months + [($28 - $21) ÷ 28 ] × 292,000 shares

= 500,000 shares + 1,000,000 shares + 73,000 shares

= 1,573,000 shares

The 2,000,000 shares is come from

= 1,000,000 shares + 1,000,000 shares

= 2,000,000 shares

4 0
3 years ago
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