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vivado [14]
3 years ago
15

Marshall's & Co. purchased a corner lot in Eglon City five years ago at a cost of $640,000. The lot was recently appraised a

t $670,000. At the time of the purchase, the company spent $30,000 to grade the lot and another $3,200 to build a small building on the lot to house a parking lot attendant who has overseen the use of the lot for daily commuter parking. The company now wants to build a new retail store on the site. The building cost is estimated at $1,110,000. What amount should be used as the initial cash flow for this building project?'
Business
1 answer:
Gala2k [10]3 years ago
3 0

Answer:

$1,780,000

Explanation:

The computation of the initial cash flow for this building project is shown below:

= Estimated building cost + appraised cost of the lot

= $1,110,000 + $670,000

= $1,780,000

Simply we added the estimated building cost and the appraised cost of the lot so that the initial cash flow amount can come.

All other information which is given is not relevant. Hence, ignored it

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Gears Inc., an automobile manufacturing firm, has hired an external agency to handle its employee compensation function so that
kaheart [24]

Answer:

outsourcing

Explanation:

Outsourcing Is a practice in business or corporate organizations that involves hiring a third party outside an organization to perform some job functions or handle some operations instead of handling it within an organization.

Advantages of outsourcing.

1.it lower cost.

2.Improved rate of efficiency.

3.Accelerated time for market.

4.Improved skills and resources, etc.

Examples of task that could be outsourced includes recruitment exercise, customer care and call services, information technology services,etc.

6 0
3 years ago
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According to​ Zane, it was difficult for him to empower his employees and not​ micromanage; however, he realized that being resp
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The manager is demonstrating interpersonal skills.
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3 years ago
You borrow $230,000 to buy a house. The mortgage rate is 4.5 percent and the loan period is 25 years. Payments are made monthly.
IrinaK [193]

Answer:

The solution is given in the attachments.

6 0
3 years ago
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Consumer Goods Corporation sells products that are poorly made. Tina, who has never bought a product from Consumer Goods, files
kolbaska11 [484]

Answer: Tina doesn't have a standing

Explanation:

From the information given in the question, we are told that Consumer Goods Corporation sells products that are poorly made.

We are further told that Tina, who has never bought a product from Consumer Goods, files a suit against the firm alleging that its products are defective.

The firm could ask for dismissal of the suit on the basis that Tina doesn't have a standing. This is because Tina has never bought their goods before and therefore shouldn't be alleging that the product of the company is bad. Assuming Tina has bought their products before, then it'll have been harder for the firm to ask for dismissal.

3 0
3 years ago
Eaton Electronics uses a periodic inventory system.
aev [14]

The cost of ending inventory of Eaton Electronics on June 30 is $13,600.

<h3>What is the LIFO method?</h3>

The LIFO method values the cost of goods sold based on the assumption that goods sold are from the latest stock.

For example, using LIFO, Easton would have the two TVs sold based on the cost of the May Purchases instead of specific identification.

<h3>Data and Calculations:</h3>

Beginning inventory (2 x $1,500) = $3,000

April Purchases (4 x $1,450) = $5,800

May Purchases (5 x $1,600)=  $8,000

Cost of goods available for sale = $16,800

Cost of goods sold (2 x $1,600) = $3,200

Ending inventory = $13,600 ($16,800 - $3,200)

Thus, the cost of ending inventory is $13,600.

Learn more about the LIFO method at brainly.com/question/10026597

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6 0
2 years ago
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