Answer:
$91,580
Explanation:
The cost of an asset includes all cos incurred in making the asset available for use. These includes the cost of the item net all discounts, sales tax, freight cost etc.
As long as the cost is necessary for the asset to be available for use, such cost will be capitalized with the cost of the item of asset. Other cost such as maintenance, insurance costs are expensed and not considered as a part of the cost of the asset.
Cost of Land
= $77000 +$500 + $1600 - $170 + $1150 + $11000 + $500
= $91,580
Answer:
C. The team routinely takes a moment to discuss the plan and voice concerns before doing a procedure.
Explanation:
In this matter, the fact that would best support the clinic manager's belief that his clinical team works well together, would be the letter c, because an effective team work requires joint planning of the work team on the best practices of executing a procedure, therefore it is ideal that the team is integrated and able to express their opinions and discuss the most effective plan so that the work is carried out more effectively.
Answer: 16.9697%
Explanation:
Sales = $165 million
Assets in beginning of year = $280 million
Assets return on start of the year = 10%
Operating Profit = 28
= 16.9697%
Answer:
The correct answer is letter "A": the accounts receivable turnover.
Explanation:
The liquidity of an asset reflects the ease with which it can be transformed into cash. The Receivables Turnover Ratio is an accounting measure used to quantify the effectiveness of the firm in both extending credits and collecting debt out of the company's sales. The Receivables Turnover Ratio is calculated by <em>dividing the net sales by the average accounts receivable</em>.
