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Oduvanchick [21]
4 years ago
9

Fresh Veggies, Inc. (FVI), purchases land and a warehouse for $490,000. In addition to the purchase price, FVI makes the followi

ng expenditures related to the acquisition: broker's commission, $29,000; title insurance, $1,900; and miscellaneous closing costs, $6,000. The warehouse is immediately demolished at a cost of $29,000 in anticipation of building a new warehouse. Determine the amount FVI should record as the cost of the land.
Business
1 answer:
Airida [17]4 years ago
4 0

Answer:

$555,900

Explanation:

To determine the FVI amount that should be recorded, all closing costs must be added to the initial purchase price of the land

∴ = $490,000 + $29,000 + $1,900 + $6,000 + $29, 000

 =$555,900.

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Answer:

B) (I) is false, (II) true.

Explanation:

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From the above, we can see that (B) is the correct option in the question. That is, (I) is false, (II) true.

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3 years ago
Assuming that data mining techniques are to be used in the following cases, identify whether the task required is supervised or
Gnoma [55]

Answer:

Explanation:

A Supervised learning allows you to collect data or produce a data output from the previous experience while an unsupervised learning  you do not need to supervise the model.

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4 years ago
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4 years ago
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2 years ago
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