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
katrin [286]
3 years ago
9

Cost of a Fixed Asset Borges Inc. recently purchased land to use for the construction of its new manufacturing facility and incu

rred the following costs: purchase price, $125,000; real estate commissions, $9,500; delinquent property taxes, $1,800; closing costs, $3,500; clearing and grading of the land, $12,800. Required: Determine the cost of the land.
Business
1 answer:
tamaranim1 [39]3 years ago
7 0

Answer:

$152,600

Explanation:

The computation of the cost of the land is shown below:

Cost of the land = Purchase price + real estate commissions + delinquent property taxes + closing costs + clearing and grading of the land

= $125,000 + $9,500 + $1,800 + $3,500 + $12,800

= $152,600

We considered all the given information

hence, the cost of the land is $152,600

You might be interested in
Suppose that when the price of a good is $15, the quantity demanded is 40 units, and when the price falls to $6, the quantity in
Paraphin [41]

Answer:

(A) -5/6

Explanation:

Price elasticity of demand = % change in quantity demanded ÷ % change in price

% change in quantity demanded = (60-40)/40 × 100 = 20/40 × 100 = 50%

% change in price = ($6-$15)/$15 × 100 = -$9/$15 × 100 = -60%

Price elasticity of demand = 50% ÷ -60% = -5/6

8 0
3 years ago
West company declared a $0.50 per share cash dividend. the company has 190,000 shares issued, and 10,000 shares in treasury stoc
Damm [24]
To record the dividend declaration
   Ordinary Share Capital   $90000
          Dividend Payable         $90000
to record payment
     Dividend Payable         $90000
           Cash                            $90000

The amount is derived from the shares issued and outstanding so, the 190000 issued is deducted by 10000 treasury shares because treasury shares are reacquired by the company so it is not an outstanding share, then just multiply the answer with the dividend per share to arrive at $90000

190000-10000shares * $.50 =$90000
4 0
2 years ago
Read 2 more answers
The idea behind customer relationship management is to enhance customer satisfaction and stimulate long-term customer loyalty.
MatroZZZ [7]
B. True This will ensure that You enhance and make a good relationship so your on good terms and have a long term customer
4 0
2 years ago
Firms must provide the right incentives if they are to get _______ to focus on long-run value maximization. Conflicts exist betw
Mrac [35]

Answer:

Managers; debtholders; compensation; bondholders; stockholders; risky; debt; convenants; debt; manager's.

Explanation:

An agency conflict can be defined as problems or issues that arises between management, a principal, or an owner, and other parties due to difference in interests.

This ultimately implies that, agency conflict arises when the incentives provided by the management, a principal, or an owner do not align well with those of an agent such as a manager, who is typically playing a fiduciary role.

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.

3 0
2 years ago
You put up $50 at the beginning of the year for an investment. The value of the investment grows 4% and you earn a dividend of $
mars1129 [50]

Answer:

My HPR was 11%

Explanation:

Investment Value at Beginning of the yer = $50

Growth rate = 4%

Holding period Return = Dividend + return on investment value

Holding period Return = $3.50 + ( $50 x 4% )

Holding period Return = $3.50 + $2

Holding period Return = $5.50

Holding Period Return Rate = ( $5.5 / $50 ) x 100

Holding Period Return Rate = 11%

So, my HPR was 11%

8 0
2 years ago
Other questions:
  • Veronica Mars, a recent graduate of Bell's accounting program, evaluated the operating performance of Dunn Company's six divisio
    10·1 answer
  • Assume that Global Cleaning Service performed cleaning services for a department store on account for​ $180. How would this tran
    10·1 answer
  • Matt and Patricia are husband and wife and live in Oregon. In 2010 and using her funds, Patricia purchased a residence for $400,
    13·1 answer
  • How is the Environmental Protection Agency (EPA) organized?
    11·2 answers
  • The _______ transport of auxin establishes the orientation of growth; the _______ redistribution of auxin causes a growth respon
    10·1 answer
  • Barney, a manager, is very conventional, resistant to change, habitual, and does not accept new ideas very easily. This implies
    5·1 answer
  • Dan plans to fund his individual retirement account (IRA) with the maximum contribution of $2,000 at the end of each year for th
    13·1 answer
  • Blossom Inc. uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at co
    13·1 answer
  • Kinda running back on my payments anyone got spare change -apple pay numbers below god bless you all
    11·2 answers
  • How long does a trademark last? _____
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!