<span>: land, labor, capital, and entrepreneurship. </span>
The amount that Beldon should capitalize as t<u>he cost of the land IS </u>
<u> $64,000
</u>
<u>
The amount that Beldon should capitalize as the cost of the new building.is </u> $517,000
Explanation:
Using the data from the question
Given that the
- <u>Land Purchase price</u> $60,000
- <u>
Demolition of old building</u> $2,000 ($ 4,000 - $2,000)
-
<u>Legal fees for title investigation of land </u>2,000
The amounts that Beldon should capitalize as t<u>he cost of the land IS </u>
<u> $64,000
</u>
<u>In case of New building
-The given data is </u>
-
Architect’s fees (for new building) 12,000
- Construction costs 500,000
- Interest on construction loan 5,000
<u>
The amounts that Beldon should capitalize as the cost of the new building.is </u> $517,000
You need to write out your mission statement.
Answer:
Option D. Its presence lengthens both a firm's average collection period and its average payment period
Explanation:
The increase in the float, increases the investment in the working capital so the Option A is incorrect
The reason is that it is the time period from the time the cash was deposited in the company's account to the time its was credited due to the payment to the vendors. If the floating time is increased then the collection period and payment period are increased which is the option D and is totally opposite to option B and C.
Answer: 5% of RS 100,000
Explanation:
Opportunity cost is what an economic agent such as an individual, form or government forgoes when a choice is made from different available choices.
Here, since Inaya has used Rs100000 for her ice cream business, the opportunity cost will be the 5% interest that she could have made on the money used for the business
