1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Reptile [31]
3 years ago
15

Blossom Clinic purchases land for $450000 cash. The clinic assumes $4000 in property taxes due on the land. The title and attorn

ey fees totaled $3200. The clinic had the land graded for $6100. What amount does Blossom Clinic record as the cost for the land?
Business
1 answer:
Keith_Richards [23]3 years ago
5 0

Answer:

The answer is: The cost of the land is $457,200

Explanation:

To determine the total cost of the land acquired by the Blossom Clinic, we must add the purchase price, unpaid property taxes and legal fees.

Cost of the land = $450,000 + $4,000 + $3,200 = $457,200

Land grading is not included since it is a type of land improvement.

You might be interested in
In each of the following situations, state whether the bonds will sell at a premium or discount. Required a. Valley issued $300,
IrinaK [193]

Answer:

a. Premium

b. Discount

c. Discount

Explanation:

a. Valley issued $300,000 of bonds with a stated interest rate of 7 percent. At the time of issue, the market rate of interest for similar investments was 6 percent.

Premium (discount) = Bond's stated interest rate - Market rate of interest for similar investments = 7% - 6% = 1% premium

Therefore, Valley's bond will sell at a premium.

b. Spring issued $220,000 of bonds with a stated interest rate of 5 percent. At the time of issue, the market rate of interest for similar investments was 6 percent.

Premium (discount) = Bond's stated interest rate - Market rate of interest for similar investments = 5% - 6% = -1% discount

Therefore, Spring's bond will sell at a discount.

c. River Inc. issued $150,000 of callable bonds with a stated interest rate of 5 percent. The bonds were callable at 102. At the date of issue, the market rate of interest was 6 percent for similar investments.

Premium (discount) = Bond's stated interest rate - Market rate of interest for similar investments = 5% - 6% = -1% discount

Therefore, River Inc.'s bond will sell at a discount.

3 0
3 years ago
Beyond Space Aeronautics is developing a profit-sharing plan. Ben, the human resource manager, assumes the employees are excited
Nonamiya [84]

Answer:

The answer is D. Understanding that pay is not everything that employees are after and that there are several other means to keep them motivated.

Explanation:

Now lets take a closer look at it.

Option A is not going to work. Shutting down the basic communication system will render the organization members unable to cooperate with each other during their work and will make the matters even worse!

Option B is ridiculous. You remove employees just because you are suspicious of them to spread rumors? This will start other employees to doubt their own job security!

Option C is not going to work. You can tell them that rumors are against the company policy, but will they stop it just because of it?

Option E is somewhat acceptable. yet comparing with the option D, its not that much suitable. If the employees are already in doubt, it is unlikely that this option will work.

So, if option D is working, what are the non financial incentive that we can use to motivate our employees?

  1. Job Enrichment: Enrich their jobs with more responsibilities and by giving them more powers.
  2. Job Rotation: Employees get bored if they do the same work for a long period of time, changing the nature of the job they do is a good option in this case.
  3. Offer them leadership opportunities to develop in their career
  4. Recognize their contributions and efforts and appreciate them.
  5. Give your employees more autonomy and freedom
4 0
3 years ago
True or False The best sales organizations: Integrate sales with other business functions. Focus on key strategic issues. Create
PSYCHO15rus [73]

Answer:

The statement is: True.

Explanation:

Sales entities with <em>optimal employee practices</em> are not only in charge of <em>recruiting qualified personnel</em> that could help them reach their profit objectives. Those firms are characterized by<em> involving the sales representatives in activities at all levels of the marketing department.  </em>

From the first day the new hires for the sales department start operations, they are <em>informed about the corporate culture</em> of the company which is likely to be related to customer satisfaction. Also, best sales organizations worry about the <em>salesclerks' skills development</em> by providing them training. All those factors increase <em>workers' commitment </em>to the firm wanting them to keep their job position for long periods.

8 0
3 years ago
After a customer buys a computer or receives service from Tech Geek, a service representative contacts each customer to conduct
vova2212 [387]

Answer: False.

Explanation:

The survey information gathered from the customers is a form of getting feedback from the consumers of Tech Geek products/services, which is a form of input that enables the company improve on their products/services.

4 0
3 years ago
A stock had returns of 9.62 percent, −14.65 percent, 19.85 percent, 25.35 percent, and 7.65 percent over the past five years. Wh
dybincka [34]

Answer:

The geometric average return for this stock was <u>8.64%</u>.

Explanation:

Geometric average return refers to the return which will result in the correct compounded dollars at the end of the time period.

Geometric average return can be computed using the following formula:

Geometric average return = {[(1 + r1)(1 + r2) ... (1 + rn)]^(1/n)} - 1 ......... (1)

Where r is returns from year 1 to year n.

For the stock in the question, we have:

r1 = 9.62%, 0.0962

r2 = -14.65%, or -0.1465

r3 = 19.85%, or 0.1985

r4 = 25.35%, or 0.2535

r5 = 7.65%, or 0.0765

n = 5

Substituting the values into equation (1), we have:

Geometric average return = {[(1 + 0.0962)(1 - 0.1465)(1 + 0.1985)(1 + 0.2535)(1 + 0.0765)]^(1/5)} - 1

Geometric average return = {1.51310732605096^0.20} - 1

Geometric average return = 0.0864, or 8.64%

Therefore, the geometric average return for this stock was <u>8.64%</u>.

5 0
3 years ago
Other questions:
  • True or false: a database transaction is recorded only when a change is written to a database.
    10·1 answer
  • Compared to _____% in 1977, the labor force participation rate for men is now approximately ______% and is expected to decrease
    10·1 answer
  • A callout appears under the _____ menu of the word processing program
    11·1 answer
  • The staffing system components model says that the phases of the staffing process occur in which order after the initial interac
    14·1 answer
  • ABC Residential Investors, LLP, is considering the purchase of a 120-unit apartment complex in Steel City, Pennsylvania. A marke
    7·1 answer
  • Your aunt is about to retire, and she wants to sell some of her stock and buy an annuity that will provide her with income of $5
    15·1 answer
  • Match each Act to its purpose.
    13·1 answer
  • Aye who yall goink foe in da super bowl...
    7·1 answer
  • What business entertainment expenses are deductible
    12·1 answer
  • These bonds are not backed by any physical collateral. They are backed by the reputation and creditworthiness of the issuing com
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!