Answer:
d. $216,200 to Land; $0 to Building.
Explanation:
<u>Calculation of Cost of the land </u>
Purchase price $191,000
Real estate commissions $16,600
Legal fees $2,400
Expenses of clearing the land $3,600
Expenses to remove old building <u>$2,600</u>
Cost of the land <u>$216,200</u>
<u></u>
<u>Calculation of Cost of Building</u>
0.
Answer:
Rust Pipe Co.
The Percentage of the Founder's Family Votes to Class B Votes:
= Founder's Family Votes / Class B Votes x 100 = 577,775/1,747,475 x 100 = 33.-6%
Explanation:
Total votes for the Founder's Family = 52,525 x 11 = 577,775
Class B votes = 1,747,475 (1,800,000 - 52,525) x 1 vote = 1,747,475
Founders of companies who want to go public but still retain control of the entity may decide to issue two or more classes of shares in order to allocate more voting rights to some classes than the others.
In this case, while the founder's family currently held 52,525 shares representing 29.2% of the total outstanding shares, in voting rights, the founder's family has 33.6% control.
Before work is done there should be preparations, during workflow analysis, an organization's planners need to analyze what work needs to be done.
<h3>What is workflow?</h3>
Workflows describe how a particular task or job is done. It includes some sequence of tasks from start to finish, how and what exactly should be done at each step.
Therefore, during workflow analysis, an organization's planners need to analyze what work needs to be done.
Learn more on workflow from
brainly.com/question/24922293
Answer:
The elasticity of supply for hot cocoa is 1.43.
(D) Supply in the market for coffee is less elastic than supply in the market for hot cocoa
Explanation:
Using the midpoint formula,
Elasticity of supply for hot cocoa = (change in quantity supplied/average quantity supplied) ÷ (change in price/average price)
change in quantity supplied = 101 - 31 = 70
average quantity supplied = (101+31)/2 = 66
70/66 = 1.06
change in price = 9.75 - 4.5 = 5.25
average price = (9.75+4.5)/2 = 7.125
5.25/7.125 = 0.74
Elasticity of supply for hot cocoa = 1.06 ÷ 0.74 = 1.43. The supply for hot cocoa is elastic because the elasticity of supply is greater than 1.
Elasticity of supply for coffee = (73 - 31)/(73+31)/2 ÷ 0.74 = 42/52 ÷ 0.74 = 0.81 ÷ 0.74 = 1.09. The supply for coffee is elastic because the elasticity of supply is greater than 1.
However, supply in the market for coffee is less elastic than supply in the market for hot cocoa because the elasticity of supply for coffee is less than that of hot coffee.
Answer:
b) $5,000
Explanation:
Provided that
Market price to sell the land this year = $80,000
The price of the land next year = $78,000
Renting it out will cost per year = $7,000
So, the economic depreciation would be
= Market price to sell the land this year - The price of the land next year
= $80,000 - $78,000
= $2,000
And, the total return would be
= Renting it out will cost per year - economic depreciation
= $7,000 - $2,000
= $5,000
