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mylen [45]
3 years ago
12

Northwest Delivery Company acquired an adjacent lot to construct a new warehouse, paying $75,000 and giving a short-term note fo

r $90,000. Legal fees paid were $2,500, delinquent taxes assumed were $22,400, and fees paid to remove an old building from the land were $14,500. Materials salvaged from the demolition of the building were sold for $7,500. A contractor was paid $660,000 to construct a new warehouse.Required:Determine the cost of the land to be reported on the balance sheet.
Business
1 answer:
Alona [7]3 years ago
4 0

Answer:

d

Explanation:

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a) Sixteen years ago your parents opened a saving account in your name and made a lump sum deposit, today the balance of this ac
Sonbull [250]

Answer:

$102,348.034

Explanation:

It is a simple problem of Compound Interest, we have to find the Principle amount invested.

Given:

Future value (F) = $260,000

Rate(R) = 6% = 6/100 = 0.06

Number of years (n) = 16 years

Initial deposit (C) = ?

Calculation:

Future value (F) = C\times (1+R)^n\\Future value (F) = C (1+0.06)^{16}\\260,000 = C(2.54035168)

$260,000/2.54035168 = C

$102,348.034 = C

So, Initial cash Deposit = $102,348.034

8 0
3 years ago
The Framework Company refurbishes antique French purses with silk, satin, and jade trimmings. The bags are its only product. The
zepelin [54]

Answer:

<u>Marketing mix</u>

Explanation:

Note that, Framework's method of product promotion is mentioned; that is  promoted through

  1. cooperative advertising with an exclusive distributor and
  2. by word-of-mouth advertising.

Also, mention is made of the price they sell; $875 and the place it is sold; only in Houston and New York.

In harmony with the Marketing mix elements which includes the price, product, promotion and place, Framework's just gave a description of it's Marketing mix.

3 0
3 years ago
If a business hires employees to perform different, highly specialized jobs,
Pavlova-9 [17]

Answer:

Division of Labor

APEX Economics

5 0
3 years ago
Assume that the risk-free rate of interest is 3% and the expected rate of return on the market is 15%. A share of stock sells fo
Svetllana [295]

Answer:

CAPM= RF+ B(RM-RF)= Required return

3+1.1(12)=16.2% is the required return according to the CAPM method

The stock is expected to return 16.2% in the form of price appreciation and dividends. In this case the dividends are expected to be 2$ and 2/69=2.89 %.

So we know that out of the 16.2 % expected return 2.89% will come from dividends and the rest by increase in stocks price, so in order to find the increase in stocks price we subtract 2.89% from 16.2% and we get 13.31%.

So the stocks price is expected to increase by 13.31%

1.1331*69= 78.18

The investors expected the stocks price to be $78.18 at the end of the year

Explanation:

3 0
3 years ago
The salary at the new job is a(n). The benefits at the job are a(n). The job’s location is a(n). The potential for job satisfa
Inessa [10]

There are different kinds of employment benefits. The answers to the questions are;

  • The salary at the new job is an advantage
  • The benefits at the job are an advantage
  • The job's location is an advantage
  • The potential for job satisfaction is an advantage

There are different benefits from finding a good job. They include insurance in both medical, life, dental etc., vacation pay, holiday pay, maternity leave, bonuses etc.

Getting a good Job that has a good pay and very close to one's residence  is very  important as it will reduce your cost of spending.

See full question below

Keisha has received an offer for a job that pays a higher salary than her current job. It also offers health insurance for all the members of family. The new job is a distance from her home and will require a long commute, which will take her away from her family for many hours of the day. In addition, it provides the promise of advancement and future opportunities at that company. The salary at the new job is a(n) . The benefits at the job are a(n) . The job’s location is a(n) . The potential for job satisfaction is a(n) .

Learn more about Employment from

brainly.com/question/25609681

8 0
3 years ago
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