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GuDViN [60]
3 years ago
10

Underline all of the following costs that are included in the cost of land.

Business
1 answer:
Vladimir [108]3 years ago
4 0

Answer:

a) Removal of unwanted buildings

d) Brokerage commission

e) Survey fees and legal fees

f) Purchase price

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Use commercial bank and Federal Reserve Bank balance sheets to demonstrate the immediate effect of each of the following transac
Leona [35]

Answer: A

Explanation: That’s it

6 0
2 years ago
It is argued that LIFO should not be allowed to compute net income because a. it does not match costs to revenues, especially wh
Bogdan [553]

Answer:

d. it causes profits to be understated when prices are rising and allows a company to dodge taxes.

Explanation:

The LIFO method should not be permitted to determine the net income as in this case the profits would be understated at the time when price is increased due to this it permits the company to dodge taxes as the inventory consumed in the production process also the high inventory value would be involved in the cost of sales that represent the high cost, this result in lower profits and taxes

Hence, the option d is correct

8 0
3 years ago
You work for an accounting firm. Just last week the state legislature passed reforms to the state tax code. The revised tax code
kolezko [41]

A summary is simply known as a short explanation of a work's content. The type of short informational report that I have been asked to write is a summary.

A summary report can consist of;  

  • The author's major supporting ideas.
  • They show the author's purpose in writing etc.

A summary often start with an introductory sentence that talks about the text's title, author and main point of the text as you see it.

A summary is often written in your own words and it should have the ideas of the original text.

Learn more from

brainly.com/question/17180048

3 0
2 years ago
The rate of economic growth per capita in france from 1996 to 2000 was 1.9% per year, while in korea over the same period it was
bagirrra123 [75]

Answer:

36.83 years

16.85 years

$63,710.88

$ 71,490.43  

Explanation:

We can use the nper  formula in excel  to compute the doubling time for the capital real GDP of both countries

=nper(rate,pmt,-pv,fv)

FV is the future real GDP which $28,900*2=$57,800 for France while that of Korea is $25,400 ($12,700*2)

PV is the present real GDP

rate is the economic growth rate of 4.2% in Korea and 1.9% in France

France=nper(1.9%,0,-28900,57800)= 36.83  

Korea=nper(4.2%,0,-12700,25400)= 16.85  

In 2045 ,which is 42 years from now the real GDP are shown thus:

=fv(rate,nper,pmt,-pv)=fv(1.9%,42,0,-28900)=$63,710.88  

=fv(rate,nper,pmt,-pv)=fv(4.2%,42,0,-12700)=$ 71,490.43  

3 0
3 years ago
A coal mine cost $ 1 comma 001 comma 000and is estimated to hold 57 comma 000tons of coal. There is no residual value. During th
lorasvet [3.4K]

Answer:

Depletion expenses for the first year is $210736.840

Explanation:

Depletion expenses= (Cost of coal mine - residual value) / Total tons of coal * tons extracted

=(1,001,000 - $0) / 57,000 tons * 12,000 tons

=$210736.8421

=$210736.840

6 0
2 years ago
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