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Marina86 [1]
3 years ago
13

Interest is eligible to be capitalized as part of an asset's cost, rather than being expensed immediately, when:a. The asset is

a discrete construction project for sale or lease.b. The interest is incurred during the construction period of the asset.c. The asset is self-constructed, rather than acquired.d. All of these answer choices are correct.
Business
1 answer:
Lostsunrise [7]3 years ago
7 0

Answer and Explanation:

d. All of these answer choices are correct.

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A building was purchased for $66,500. The asset has an expected useful life of eight years and depreciation expense each year is
Sidana [21]

Answer:

$34,500

Explanation:

Depreciation is the systematic allocation of the cost of an asset to p/l based on its estimated useful life.

Assets are initially recorded at cost be carried subsequently at the net book value which is the cost less residual or salvage value then divided by the estimated useful life. Mathematically, using the straight line method,

Depreciation = (cost - residual value)/useful life

let the residual value ( which is the estimated value obtainable from the disposal of the asset at the end of its estimated useful life) be p

4000 = (66500 - p)/8

32000 = 66500 - p

p = 66500 - 32000

= $34,500

4 0
3 years ago
Renata and Danuta would like to form a business providing take-out meals to homebound destitute residents of Las Vegas. The meal
Xelga [282]

Answer:

A

Explanation:

Nonprofit corporation are corporations that do not earn profits. Revenue earned are usually used in the running of the business or for they are donated.

These type of corporations are usually tax exempt. Their activities usually range from religious, charitable or scientific activities

Renata and Danuta are running a charitable organisation that would be catering for homebound destitute

8 0
3 years ago
The exit of existing firms from a competitive market will a. decrease market supply and increase market price. b. decrease marke
makvit [3.9K]

Answer:

The correct answer is option A.

Explanation:

The exit of existing firms from the market will reduce the overall market supply. This will cause the market supply curve to move to the left.

This leftward shift in the market supply curve will lead to an increase in the equilibrium price. The equilibrium quantity will be reduced.

The other firms in the market will get more market share and higher profits.

4 0
2 years ago
For incentive pay to motivate employees to contribute to the organization's success, the pay plans must be well designed. Which
olga nikolaevna [1]

Answer:

C. Employees value the rewards or incentives that are being offered

Explanation:

Let's see the different options for answer...

<u>A. Performance measures are to be linked to the individual's goals</u>

No.  Even if the performance measures should be linked to the individual's goals, just the mere existence of such KPI is not sufficient to motivate employees.   There has to be some performance reward attached to it.

<u>B. Employees are given very broad performance goals</u>

No. To get a good performance and motivate employees, they must be given clear goals and objectives.

<u>C. Employees value the rewards or incentives that are being offered</u>

Yes.  Even if you have good performance measurements, with realistic goals, the employees won't be motivated to reach those goals if the reward doesn't worth the effort.

<u>D. Employees are given limited resources to meet their goals</u>

No. They won't be motivated if they don't think they have the means to achieve those goals.

6 0
3 years ago
Helpp please 10 points!<br><br> 2. What are Internal and external factors.
Sindrei [870]
Hope that helps! If you look it up it's all online!

4 0
3 years ago
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