Potential benefit of inflation will be the D More business profits.
During inflation, the average cost of the products that exist in the market would be increased.Because of this, the average net income of the businesses that produced it will also be increased.
Answer:
$981,000 - Total Building Cost
Explanation:
To answer this question, we were told that the customer wants to build a moderate 3,800 square foot home. However, although it says with no utilities, utility cost will be applicable because it represents what is needed by the builders and engineers to get their work done on the vacant lot of land.
Therefore, the cost to build = Administrative cost + Building cost (moderate) + appliances cost + utilities cost
= $40,000 + (220 x 3800 square foot) + $45,000+ $60,000
=$40,000 + $836,000 + $45,000+ $60,000
= $981,000
Answer:
$35,000
Explanation:
According to accounting standard IFRS 16 Property, Plant and Equipment is initially recorded at its cost. Estimated market value and offer price will not be considered to record this transaction. Cost incurred for this equipment is as follow:
Cash payment = $15,000
Note payable = $20,000
Total Cost = $15,000 + $20,000 = $35,000
Answer:
$33,850.00
Explanation:
The computation of the Adjusted gross income (AGI) is shown below:
= Wages + bank interest + lottery price - standard deduction
= $34,500 + $275 + $325 - $1,250
= $33,850
The standard deduction is a contribution to her traditional IRA. All other items which are given in the question are not relevant. Hence, we ignored it
Answer:
ABC company
Explanation:
Basically there are two markets i.e primary market and the secondary market.
The primary market is the market in which the initial public offer is taking place that means the new security is first offered to the public by the company whereas, in the secondary market, the broker or investor is involved while offering the securities.
In the given situation, the ABC company itself is involved while selling the shares of ABC stock in the primary market
