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katrin [286]
4 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]4 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

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Expenditures on new plant and equipment plus changes in business inventories defines?
marin [14]

Investment includes all expenditures on new plant and equipment plus changes in business inventories.

Given that expenditure is done on new plant and equipment plus changes in business inventories.

We are required to find the name of the term that includes all the expenditures given in question.

The correct term which includes the expenditures on new plant and equipment plus changes in business inventories is investment.

Investment includes all those expenditures which are done in order to get benefit in future.In our question the expenditure on new plant and equipment plus changes in business inventories increases the productivity of the company.

Hence expenditures on new plant and equipment plus changes in business inventories defines investment.

Learn more about investment at brainly.com/question/25790997

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4 0
2 years ago
Which of the following does not represent an asset of a company?
mariarad [96]

Answer:

4. Amounts owed to suppliers

Explanation:

We know that

Balance sheet comprises of assets, liabilities and the stockholder equity

The assets could be classified into current asset, fixed asset, and the intangible assets

While the liabilities are also classified into current liabilities and the long term liabilities  

The account receivable, equipment, supplies have come on the asset side of the balance sheet whereas the account payable or amount owed to suppliers have come on the liabilities side of the balance sheet

So, the most appropriate option is 4.

3 0
3 years ago
Quality Bike Maps has produced four map designs for the local area. A limited amount of time (in minutes) is allocated to the pr
stich3 [128]

Answer:

since 1 <= allowable increase

optimal solution won't change

hence

1500 * 1 + 1000*1 + 1000*2 + 2833.33* 3

=  13000

Note: Complete question is added in the attachment

8 0
3 years ago
Suppose​ Intel's stock has an expected return of 20.0% and a volatility of 3.0%, while​ Coca-Cola's has an expected return of 7.
d1i1m1o1n [39]

Answer:

a. The portfolio weights that remove all risk is 50% .

b. The risk-free rate of interest in this​ economy is 13.5%

Explanation:

The formula for standard deviation of a portfolio, of which i cannot type:

a. If we let  sigma p = std. deviation of portfolio

rho 1,2 = correlation

if sigma = 0 and rho = -1, then the first equation can be re-written as :

0 = w1^2 * s1^2 + w2^2 * s2^2 + 2 * w1 * w2 * s1 * s2 * -1

0 = (w1s1 - w2s2)^2

w1s1 = w2s2

w1 * 0.03 = w2 * 0.03

w1 = w2 = 50%

Therefore, The portfolio weights that remove all risk is 50% .

b.  Expected return of the portfolio = 0.5*20% + 0.5*7%

                                                         = 13.5%

This portfolio has zero risk, risk free rate = 13.5%

Therefore, The risk-free rate of interest in this​ economy is 13.5%

8 0
4 years ago
A person's debt ratio shows the relationship between debt and net worth. the lower the ratio the
SOVA2 [1]

<span>A person's debt ratio shows the relationship between debt and net worth. The lower the ratio the better off the person is financially. </span>

When you are in good financial standing, if it necessary to have a low debt ratio. The debt ratio is how much debt to income or net worth someone has. When you have a low debt ratio you are often approved for larger loans and can sustain financial freedom more easily. 

4 0
3 years ago
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