Answer:
$13,915,000
Explanation:
Land-cost $1,250,000
Construction cost $12,000,000
Equipment cost(150,000+15,000) $165,000
Inventory $500,000
Total initial investment outlay $13,915,000
Please note that fair value of land is irrelevant as the land was purchased for the outlet being set up and not for any other project.
Answer:
(D)U.S. Treasury Bills
Explanation:
T-Bills do not have a reinvestment risk because they cannot be reinvested. They are short-term investment options (usually a year), that do not have regular interest payments like a bond, and whose gain for the investor lies in the value that is paid when the t-bill reaches maturity.
Answer:
$3,556
Explanation:
Because the startup expenditure is above $50,000, the startup expenditures which are not deducted may be amortized over a period of 180 months starting from the beginning of trade.
This is calculated as the startup cost is divided by the total number of months allowed to be amortized and the answer is then multiplied by the months traded during the year. In the case provided the months in which the Oleander Corporation has been trading are 10 months starting from March-December 2019.
Amortizable amount {($64,000 / 180 months) * 10 months}
= $3,556 this is total deduction allowed as startup expenditure.
Answer:
B. smart goal.
Explanation:
SMART goal -
The word SMART is the an acronym -
S = Specific ,
M = Measurable ,
A = Achievable ,
R = Realistic ,
T = Timely .
These are the goals of any business organisation in order to motivate and direct the employees to do well and give new ideas or new resources for the success of the company .
It enables the people to focus and make efforts to achieve the goal and to make company successful .
In the similar way ,
Gwen is helping Billy to get SMART goals for the company .
Answer:
This is correct
Explanation:
There will be two entries. One at the time of receiving cash on 1st July . That would be
Cash. B. $6600 (debit)
Unearned Rent Revenue. $ 6600 (credit)
On 31st Dec an adjusting entry would be made . The rent for 6 months will be calculated which will be as given above.
Rent for 6 months = ( 6,600/12 )* 6= $ 3,300
The entry will be
Unearned Rent Revenue $3,300 (debit)
Rent Revenue $ 3,300 (credit)
$ 3300 will be deducted from the current liabilities on the credit side.
Rent Revenue of $3300 will be added on the credit side of the income statement.
