Answer: $343565
Explanation:
The cost of the land to be reported on the balance sheet goes thus:
Initial cost of land = $32000 + $282000 = $314000
Add: Legal fee = $2465
Add: Deliquescent charges = $11800
Add: Building demolition = $20000
Total = $348265
Less: Material savaged = $4700
Cost of land = $343565
The cost of the land is $343565
Answer:
The correct answer is Flexible accumulation.
Explanation:
In flexible accumulation, it is believed that fundamental changes in the international economy, especially in the early 1970s, led to mass production changing with a new "modus operandi" known as flexible specialization. Factors such as the 1973 oil crisis, increased competition with foreign markets (especially those in Southeast Asia) and factors such as globalization, the end of the postwar period, and increased privatization made the old mass production system incompetent
Instead of producing generic goods, companies now find it more profitable to produce various product lines aimed at different groups of consumers, appealing to their sense of taste and fashion. Instead of researching mass production of a single product with huge amounts of money, companies now need to build an intelligent system of work and machines that are flexible and can respond quickly to market vagaries.
Answer: a. The merged firm will operate at higher capacity and may be able to reduce costs through economies of scale and perhaps learning-by-doing, which will benefit U.S. consumers.
Explanation:
A merger occurs when two companies comes together and becomes one. This is done in order to expand the recah of a company, gain a market share, and also expand into new segments.
The plausible reasons for the limited impact of the merger will be because the merger will lead to the operation at a higher capacity which will ensure that there's cost reduction through economies of scale which will be beneficial to the consumers.
Medicare coverage outside the United States is limited.
mostly, Medicare won’t pay for health care or supplies you get outside the U.S.
The term “outside the U.S.” means anywhere other than the 50 states of the
U.S., the District of Columbia, Puerto Rico, the U.S., Guam, American Samoa,
and the Northern Mariana Islands, Virgin Islands.
Answer:
$45,000
Explanation:
Data provided in the question:
Selling cost of the furniture on May 1, 2015 = $300,000
Original cost of the machine on January 1, 2008 = $750,000
Depreciable Life of the furniture = 10 years
Salvage value = $75,000
Now,
Annual depreciation = 
or
Annual depreciation = 
or
Annual depreciation = $67,500 per year
The total duration from the date of purchase to date of selling
= 7 years 4 months
or
= 7 × 12 + 4 months
= 88 months
= 
years
therefore,
The total accumulated depreciation till the date of sale
= Annual depreciation × Duration
= $67,500 ×
= $495,000
Thus,
The book value on May 1, 2015
= Purchasing cost - Accumulated depreciation
= $750,000 - $495,000
= $255,000
Hence,
The gain recognized = Selling cost - Book value
= $300,000 - $255,000
= $45,000
