Answer:
$306,835
Explanation:
Data provided
Legal fees paid = $2,435
Delinquent taxes = $15,100
Fees paid to remove old building = $19,400
Material salvage sold = $4,100
The computation of the cost of the land to be reported on the balance sheet is below:-
Amount paid to acquire adjacent lot = $27,000 + $247,000
= $274,000
Total cost of land = Amount paid to acquire adjacent lot + Legal fees paid + Fees paid to remove old building - Material salvage sold
= $274,000 + $2,435 + $15,100 + $19,400 - $4,100
= $306,835
Answer: $315
Explanation:
The following information can be gotten from the question:
Amount = $9000
Rate = 14%
The receivable was held from October to December. This means it was shelf for 3 months.
Therefore, the accrued interest revenue will be:
= $9000 × 14% × (3/12)
= $9000 × (14/100) × (1/4)
= $9000 × 0.14 × 0.25
= $315
The accrued interest is $315
The answer is
"Individual".<span>
<span>Each of these mentioned factors with few variations will
influence the business buying decision process. One or more changes in these
might lead to a different result. These factors can also operate in different
ways varying from person to another person.</span></span>
<u>Children's construction sets</u><u> is the primary product focus for the </u><u>lego </u><u>company.</u>
<u />
What is the strategy of LEGO?
- The LEGO Group's mission is to inspire and develop the builders of tomorrow through the power of play.
- The LEGO System in Play, with its foundation in LEGO bricks, allows children and fans to build and rebuild anything they can imagine.
Does LEGO use differentiation strategy?
- The LEGO group is using the differentiation strategy as the company states, "we want to be the best, not the biggest."
- In addition to that, the company is focusing on new product development along with innovation as well.
Why is LEGO so successful?
- Instead of offering kids ready-made toys, LEGO gives them the opportunity to build their toys — a much more challenging activity which kept kids engaged for hours.
- The LEGO System of Play becomes very successful and the company starts selling it to other countries.
Learn more about LEGO
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