Answer:
The best use is the duplex
Explanation:
The first possible use value, as a single home, is already given in the question: $155.000.
For the retail site, we have $60,000 per acre and 2.4 acres:
$60,000 x 2 + $60,000 x 0.4
=$144,000
A duplex has two units, and the value is $85,000 per unit:
$85,000 x 2 = $170,000
Therefore, the duplex gives the highest possible value of use to the 2.4 acres.
Answer:
Creative Design Co.
Bank Reconciliation
August 31, 20Y6
Cash balance according to Bank Statement $30,270
Add: Deposit in transit, not recorded by bank <u> $4,690</u>
$34,960
Less: Outstanding checks <u> ($5,850)</u>
Adjusted Balance $29,110
Cash balance according to Company's records $28,800
Add: Error in recording check (840 - 480) <u> $360 </u>
$29,160
Less: Bank service costs <u> ($50) </u>
Adjusted balance $29,110
Answer:
I would choose B. But im not 100% sure.
Explanation:
Answer:
Explanation:
Cost of inventory = Purchase cost + Transportation cost - Purchase return - Purchase discount
Purchase cost = 23,400
Transportation cost = 690
Purcahse return = 1300
Purchase discount = (23400 - 1300)*3% = 663
Cost of inventory = 23,400 +690-1300-663 = 22,127
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