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
forsale [732]
3 years ago
6

Bramble Corp. purchased land as a factory site for $1350000. Bramble paid $124000 to tear down two buildings on the land. Salvag

e was sold for $8400. Legal fees of $5220 were paid for title investigation and making the purchase. Architect's fees were $46100. Title insurance cost $3700, and liability insurance during construction cost $4000. Excavation cost $15340. The contractor was paid $4500000. An assessment made by the city for pavement was $9500. Interest costs during construction were $252000. The cost of the land that should be recorded by Wilson Co. is?
Business
1 answer:
MA_775_DIABLO [31]3 years ago
5 0

Answer:

$1,484,020

Explanation:

Cost of Land :

= Purchase Value  + Cost Incurred to Tear  Down 2 Buildings - Salvage + Legal Fees + Title Insurance Cost + Assessment Cost

= $1,350,000 + $124,000 - $8,400 + $5,220 + $3,700 + $9,500

=  $1,484,020

Therefore, the cost of the land that should be recorded by Wilson Co. is $1,484,020.

You might be interested in
Is defined as information containing? patterns, relationships, and trends of various forms of data?
DerKrebs [107]
Business Intelligence. Business intelligence is a broad term that covers basically any information in any format that may be relevant to business strategies. This can include, transaction info, product info, trends, app statistics and so much more. 
4 0
3 years ago
As mentioned in the video, the US produces an annual "List of Goods Produced by Child Labor or Forced Labor." How effective do y
lina2011 [118]

Answer and Explanation:

By publishing the "List of Goods Produced by Child Labor or Forced Labor" the American government is able to raise awareness among the population that, although child labor is something inconceivable in American society, it still happens with great intensity in various places around the world. This allows the population to become aware of this situation and to stop buying products produced by companies that finance and allow child labor to happen. When they stop using these products, companies suffer a decrease in demand, which can cause significant changes in the production and in the lives of children who need to work.

While consumer pressure at companies that allow child labor is effective, pressure from political and commercial authorities is more effective in bringing about change and ensuring the protection of children, as these authorities can promote severe punishments for those who allow this to happen.

7 0
3 years ago
Vanvalkenburg, Inc., manufactures and sells two products: Product Q5 and Product J0. The company has an activity-based costing s
Nata [24]

Answer:

c.  $88.17 per order

Explanation:

The computation of the activity rate for the production order is shown below:

Activity rate = Production orders ÷ order size

where,

The Production order is $70,536

And, the order size is 800

Now placing these values to the above formula

So, the activity rate is

= $70,536 ÷ 800 order size

= $88.17 per order

We simply applied the above formula so that the activity rate could come

4 0
3 years ago
Canon was able to redesign the copying machine so that it didn't need professional service—reliability was built directly into t
Studentka2010 [4]

Answer:

architectural innovation

Explanation:

The scenario is describing the term known as architectural innovation. This refers to the innovation of the specific architecture of any product that changes and/or modifies the way the different components of the machine link or relate to each other, thus allowing it to perform new functions or the same functions but in a much more user-friendly manner. This is what Canon did by changing the architecture of the copying machine so that it was more user-friendly for the end consumer.

5 0
3 years ago
Sadik Inc.'s bonds currently sell for $1,180 and have a par value of $1,000. They pay a $105 annual coupon and have a 15-year ma
mr Goodwill [35]

Answer:

7.74%

Explanation:

In this question, we use the Rate formula which is shown in the spreadsheet.  

The NPER represents the time period.  

Given that,  

Present value = $1,180

Assuming figure - Future value or Face value = $1,100  

PMT = $105

NPER = 5 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this, the answer would be 7.74%

7 0
3 years ago
Other questions:
  • Durell and Earline are married, file a joint return, and their two children, ages 5 years and 6 months, qualify as dependents. A
    6·2 answers
  • Who has the most money In the world?
    12·2 answers
  • Why is there so much government regulation involving social responsibility issues? Should there be less?
    5·1 answer
  • Money is a "medium of exchange," meaning
    14·1 answer
  • Global Traders is offering 130,000 shares of stock to the public in a general cash offer. The offer price is $38 a share and the
    7·1 answer
  • To be a successful manager, the only skills an IT project manager needs to possess is excellent technical skills.
    11·1 answer
  • Where do banks get money to lend to borrowers?
    13·2 answers
  • What is Postage(in accounts)​
    12·1 answer
  • What is a creditor legally required to do if you dispute a debt?
    6·1 answer
  • Jay's new loan to purchase a property includes the seller's existing mortgage. What type of loan is this
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!