Answer:
The amount Laramie should record the purchase of land is <u>$6.2 million</u>.
Explanation:
The costs of a fixed asset refer to the purchase price and other relevant costs which are incurred in order to the location and working condition required to operate the fixed asset in way that it is intended.
The other relevant costs that are added to the purchase price to arrive at the cost of the fixed assets include professional fees, non-refundable taxes or levies, and among others.
If any trade discount or rebate is given, this will be deducted from the purchase price to arrive at the cost.
Any interest required to be paid on the delayed payment in order to reflects the time value of money are not part of the cost of the asset but expensed in the year they are incurred.
From the question, the land acquired is a fixed asset. Based on the explanation above, the total cost of the asset is $6.2 million. The interest from the 6% interest rate on the remaining $5 million will be part of the cost of the land but it will be expensed in the year they are incurred.
Therefore, the amount Laramie should record the purchase of land is <u>$6.2 million</u>.
Answer: $164,300
Explanation:
Cash payments to stockholders shows the total amount that the shareholders of a company got during the year. It includes the money owed to them at the start of the year in addition to cash paid during the year.
= Beginning dividends payable + Dividends for the year - Ending dividends
= 43,200 + 160,000 - 38,900
= $164,300
Answer: The correct answer is False.
Explanation: When a customer pays off their credit card balance in full each month there is not a finance charge, which makes this answer false. Interest in not charged to a credit card account until the prior month’s balance is not paid in full.
Answer:
below
Explanation:
Access creates inner joins automatically. Inner joins are the most common type of join. They tell a query that rows from one of the joined tables correspond to rows in the other table, on the basis of the data in the joined fields
Inbound marketing is the process of coordinating and facilitating potential customers to find a particular company.
An outdoor brand called Appalachia can revitalize its Pinterest account and engage its customers on the platform by streamlining content creation:
- Inbound marketing emphasizes building enduring and dependable relationships with your customers and attracting newer customers in an organic way.
- Inbound marketing works according to three principles: attract, engage, and delight.
- The company and its social media team would not only involve themselves in revitalizing their Pinterest account by making it more appealing and attractive to potential customers.
- It should be equally invested in engaging with the customers through the process of content creation.
- This could mean presenting insights into ways in which the customer chooses to buy from the company and prioritizes the particular company over other options.
- Product promotions are one way in which, using multimedia channels coupled with regular posting on the platform, customers can be attracted and engaged with.
- Content creation tools like trends, hashtags, social media marketing, and streamlined posts can be utilized for this objective.
Therefore, inbound marketing can greatly benefit from a streamlined content creation process that attracts and engages a sustained customer base of a company.
Learn more about content creation here: brainly.com/question/26476622
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