Answer:
$505,000
Explanation:
Cost of asset includes all the cost involved to acquire and construct the asset. In simple term all the costs that are necessary to make the asset usable are capitalised and added to the cost of the asset.
There are many cost in this question which need to be capitalized. Some is relevant to the building and other to the land account.
The costs specifically associated with the building account are
Construction of Building = $500,000
Construction Permit of Building = $5,000
Total cost to be capitalized in building account = $500,000 + $5,000 = $505,000
Delinquent property taxes is applicable on the land inclusive of building will incur even if there is no, building constructed on the land. So, this tax will be included in the Land value.
Answer:
$481
Explanation:
Amount paid = Amount lent - Amount left
Amount paid = $14,033 - $8,261
Amount paid = $5,772
Average amount paid each month = Amount paid / Number of months
Average amount paid each month = $5,772 / 12
Average amount paid each month = $481
So, the average amount of Diego's monthly payments is $481.
Answer:
<em>c. Sustainable Competitive Advantage</em>
Explanation:
<em>Sustainable competitive advantages</em> are business assets, characteristics, or capabilities that are hard to replicate or achieve ; and provide a long-term superiority or favorable role over competitors.
Types of Sustainable Competitive Advantage include:
- <em>Reduced cost provider / Fair pricing
</em>
- <em>Market or Pricing Power
</em>
- <em>Strategic assets
</em>
- <em>Excellent management / employees
</em>
Answer:
The answer is: Management by Objectives
Explanation:
Management by objectives (MBO) was first outlined by Peter Drucker in 1954. MBO improves the performance of employees and management by defining their activities and objectives together. When employees have a say in the action plans they should execute and their expected goals, they will be more motivated and committed to achieve them.
Rent, expenses made by office, telephone expenses, administrative salaries are the items that fall under indirect cost.
Explanation:
Indirect costs are those cost which are not accountable directly. Indirect cost can be either variable or fixed. Indirect cost are also known as overhead expenses.
Rent can act as both direct as well as indirect cost. If rent is given for the plant as well as machinery for a company which is use by manufacturing units directly fall under direct cost but in other way when the rent is given for various official purposes it will fall under indirect cost.
