Answer:
$433,900
Explanation:
The computation of the capitalized cost of the land is shown below:-
Capitalized cost of the land = Purchase price + Demolition of building + Title insurance + Attorney fee + Property taxes covered during the period - Scrap value from the building
= $420,000 + $12,000 + $900 + ($3,000 - $500) - $1,500
= $420,000 + $12,000 + $900 + $2,500 - $1,500
= $435,400 - $1,500
= $433,900
Answer:
a. 9 pairs of jeans per pane of stained glass.
d. 8 pairs of jeans per pane of stained glass.
Explanation:
Greece and Austria both produce jeans and stained glass. Greece opportunity cost is 5 pairs of jeans per stained glass and Austria opportunity cost 10 pairs jeans per stained glass. Greece has comparative advantage in producing stained glass whereas Austria has comparative advantage in producing Jeans.
If these both countries agree to trade with each other, the trade would be beneficial if Greece receives more than 5 pairs of jeans per pane of stained glass. If the trade took place at more than 5 pairs of jeans for per pane of stained glass it will be beneficial for both countries. Option a and option d has more than 5 pairs of jeans. Option b has 3 pairs of jeans so the trade is not beneficial for either countries and option c has 1 pair of jeans per pane of stained glass which also a trade not suitable to both countries.
<span>The answer is profit.
Revenue refers to income. (ie) what ever comes in for a concern it is considered as a income . Here revenue is greater than expense which shows that there is more income over the expenses. Unless revenue is more a company cannot earn profit. So here the company is making profit.</span>
A popular variation of the accounts receivable turnover is the D. average collection period.
The average collection period divides the number of days in the period by the metric with the accounts receivable turnover. This is the period where a company allows a certain amount of days between a customer being invoiced and when the invoice is actually due.
