Answer:
Land = $295,000
Building = $1,375,000
Explanation:
The computation of cost of the land and new building is shown below:-
Land = Parcel of land + Demolition of old building + Legal fees for title investigation and purchase contract - Salvaged materials resulting from demolition were sold
= $280,000 + $20,000 + $5,000 - $10,000
= $305,000 - $10,000
= $295,000
Building = Architect's fees + Construction costs
= $35,000 + $1,340,000
= $1,375,000
We simply applied the above formulas
Answer:
The installers and experts are self employed because;
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Standard Oil of Connecticut, Inc has no influence over the work other than finishing the venture by a specific time and the installers and experts can pick the days wherein they need to work.
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The installers and specialists are occupied with various business as the business is into deals and The installers and experts are into administration.
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The work isn't done heavily influenced by business. Professionals and installers are not managed by Standard Oil of Connecticut, Inc and they don't assess their work.
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The devices are not given by the business and the installers and experts utilize their own gear and instruments.
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The installers and experts are utilized for a specific time-span till the fulfillment of the undertaking and are not utilized for long.
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The strategy for installment is through a set rate for every venture and not by time-frame.
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The installers and professionals are authorized and affirmed by the state and are having particular abilities which are not increased through the business.
Every one of these conditions fulfill the necessities of self employed entity as indicated by measures utilized by the courts and doesn't fulfill the standards of representative.
Home of pets !!!
Hope it works!!!
<span>Year Cash Flow
0 -$46,400
1 18,000
2 33,530
3 4,600</span>
<span>NPV = -$46,400 + $18,000 / (1 + 0.09) + $33,530 / (1 + 0.09)2 + $4,600 / (1 + 0.09)3 =
</span><span>-$1,574.41</span>
If so maybe see hope help
