1st get acceptable grades 2nd make wise choices in school
3rd job to pay for college/ or try to get scholarship
Answer:
$92,620
Explanation:
The computation of the amount to be reported as the cost of the land is shown below:
= Cash paid to construct a small office building + demolished cost + attorney fee + real estate broker fee - sale of salvage materials
= $79,340 + $8,250 + $1,630 + $5,080 - $1,680
= $92,620
All that cost which is related to the land is to be recognized.
All other information which is given is not relevant. Hence, ignored it
The management of money and interest rates is called monetary policy and is conducted by a nation's central bank.
Interest is the amount paid by the borrower or deposit-taking financial institution to the lender or depositor in excess of the repayment of the principal at a specified rate. It is different from a fee that a borrower can pay to a lender or a third party.
Interest is the price you pay to borrow money or the cost you charge to borrow money. Interest is usually given as an annual percentage of the loan amount. This percentage is called the interest rate on the loan. For example, if you deposit money in a savings account, your bank will pay you interest.
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Answer:
Firms may be inclined to keep their workers’ wages above the equilibrium level.
Explanation:
The efficiency wage theory states that if an employer increases the wage of his/her employees, they will be motivated and their productivity will increase. The increase in productivity should offset the increased labor costs. So the costs of higher wages should be recouped through increased productivity. Higher wages also reduce worker turnover, reducing hiring and training costs.