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ElenaW [278]
3 years ago
7

Emily purchased a building to store inventory for her business. The purchase price was $895,000. Emily also paid legal fees of $

450 to acquire the building. In March, Emily incurred $2,000 to repair minor leaks in the roof (from storm damage earlier in the month) and $5,300 to make the interior suitable for her finished goods. What is Emily’s cost basis in the new building?
Business
1 answer:
Ugo [173]3 years ago
3 0

Answer:

Emily’s cost basis in the new building is $900,750.

Explanation:

Cost basis in the new building

= Purchase price of building + legal fees + Cost of interior design

= $895,000 + $450 + $5,300

= $900,750

Therefore, Emily’s cost basis in the new building is $900,750.

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umka2103 [35]

Answer:

Maintenance, Installation, and Repair

Explanation:

Heres some evedence to proove:

During her day, Tiara often works on about eight different cars fixing any problems and making suggestions to customers about how to keep their cars in working condition. She manipulates numbers throughout the day to get her customers the best price possible. Based on her tasks, which most likely is her career?

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8 0
3 years ago
Read 2 more answers
The focus of Performance Based Logistics (PBL) is to leverage best practices of both Government and Industry.
natita [175]

The focus of Performance Based Logistics (PBL) is to leverage best practices of both Government and Industry.--- True

Explanation:

PBL is synonymous with performance-based life cycle product support, where outcomes are acquired through performance-based arrangements that deliver Warfighter requirements and incentivize product support providers to reduce costs through innovation. These Product Support Arrangements (PSA) are contracts with industry or intragovernmental agreements.

What is the focus of performance based logistics?

Performance-Based Logistics (PBL) is the purchase of support as an integrated, affordable, performance package designed to optimize system readiness and meet performance goals for a weapon system through long-term support arrangements with clear lines of authority and responsibility.

How long are PBL contracts?

Effective PBL contracts are typically multi-year contracts (i.e., 3 to 5 years with additional option or award term years), with high confidence level for exercising options/award term years.

Learn more about performance based logistics:

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8 0
1 year ago
Steve sells his home to Srivani and ends up with a producer surplus of $100,000. Srivani has a consumer surplus of $1,000 from t
amid [387]

Answer:

Both parties experience surplus, but there is inequity because Steve has a much larger producer surplus

Explanation:

The options to this question wasn't provided. Here are the options : Both parties experience surplus, but there is inequity because Steve has a much larger producer surplus. Both parties experience surplus, so the transaction was equitable. Only Steve benefits from the sale. Srivani will not be happy with her purchase.

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Producer surplus is the difference between the price of a good and the least amount the seller is willing to sell his good.

While both parties earn a surplus, the producer surplus exceeds the consumer surplus . Therefore, the seller benefited more from the trade than the consumer.

I hope my answer helps you

3 0
3 years ago
You purchase a $30, nonrefundable ticket to a play at a local theater. Ten minutes into the show you realize that it is not a ve
Murljashka [212]

Answer:

1) You should go home and watch TV.

Explanation:

Since you value seeing the play $10, then you should leave the theater and go to your house to watch TV since that has a higher value for you ($12).

We are talking about opportunity costs here. Opportunity costs are the extra costs or benefits lost from choosing one activity or investment over another. In this case the opportunity costs are:

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Since watching TV is more valuable to you, then that is what you should be doing.  

3 0
3 years ago
Work should be performed by an individual if ________.
Setler [38]
Answer:
there is no need for diverse input

6 0
2 years ago
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