The amount that Beldon should capitalize as t<u>he cost of the land IS </u>
<u> $64,000
</u>
<u>
The amount that Beldon should capitalize as the cost of the new building.is </u> $517,000
Explanation:
Using the data from the question
Given that the
- <u>Land Purchase price</u> $60,000
- <u>
Demolition of old building</u> $2,000 ($ 4,000 - $2,000)
-
<u>Legal fees for title investigation of land </u>2,000
The amounts that Beldon should capitalize as t<u>he cost of the land IS </u>
<u> $64,000
</u>
<u>In case of New building
-The given data is </u>
-
Architect’s fees (for new building) 12,000
- Construction costs 500,000
- Interest on construction loan 5,000
<u>
The amounts that Beldon should capitalize as the cost of the new building.is </u> $517,000
Answer:
$50,000
Explanation:
Total Assets at beginning $450,000
Total Assets at end $550,000
Total Assets $1,000,000
Average Total Assets=Total Assets/2=$1,000,000/2=$500,000
Return on assets=Net Income/Average Total Assets
10%=Net Income/$500,000
Net Income=$500,000*10%
Net Income=$50,000
Answer:
see below
Explanation:
India has the longest coastline connecting it to Europe, Asia, and African countries. The coastline has helped India establish close contacts with these counties, which has benefited India socially, diplomatically, and economically.
some of the benefits include
1) Trade - The coastline allows India to trade with many countries due to its ease of accessibility. Importing and exporting to India is less expensive due to its proximity to the ocean.
2) Boast to tourism - a long coastline serves as a tourist destination.
3) Fishing- The coastline is a big opportunity for the Indian fishing industry.
4) Agriculture -The ocean influences monsoon rainfall to Indian, enabling it to profit from agricultural activities.
<u>Solution and Explanation:</u>
The governments have focused attention on long-term productivity growth.
The common habitat gives urgent sources of info and administrations to financial improvement, yet its job for profitability development is inadequately investigated. Ecological shortages can represent a delay in profitability development and a hazard for its manageability. Simultaneously profitability development is regularly observed as the answer to ecological difficulties. Methodological issues flourish, by and large, the writer proposes that ecological issues are a possibly significant hazard factor. Hypothetical models will in the general center the job of the asset increasing specialized advancement over the long haul, considering ecological imperatives. Macroeconomic examinations propose the commitment of the regular habitat to efficiency development has been humble by and large. Microeconomic investigations center around fractional balance impacts, which much of the time have been discovered bigger than anticipated. At long last, contextual investigations of chronicled civilization breakdown recommend the dangers might be critical.
Answer:
Increase the consumption of product Y and decrease the consumption of product X.
Explanation:
Utility-maximizing rule states that a consumer is maximizing its utility at a point where the marginal utility per dollar spent equal for both the products.
Marginal utility per dollar for Product X:
= 2 utils per dollar
Marginal utility per dollar for Product Y:
= 8 utils per dollar
Here, the utility-maximizing rule suggests that this consumer should consume more of product Y and less of product X.
