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3 years ago

The cost of land does not include:

Business

1 answer:

netineya [11]3 years ago

8 0

Answer:

c. costs of improvements with limited lives.

Explanation:

The cost of land and the cost of land improvement are two different things. As land is not depreciated because of unlimited life whereas the land improvement is depreciated.

The cost of land includes legal fees, survey fees, grading, filling, removing cost, special assessments, etc whereas the cost of land improvement includes parking lots, sidewalks, irrigation systems.

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If Highway 55 Studios can reduce fixed expenses by , by how much can variable expenses per unit increase and still allow the co

solniwko [45]

Answer:

$2.25

Explanation:

Please check the attached image for the full question used in answering this question

Breakeven sales is the quantity sold at which net income is equal to zero.

Breakeven sales = fixed cost / (price per unit - variable cost per unit )

$1,215,000 / ($80 - $35) = 27,000

If Highway 55 Studios can reduce fixed expenses by $60,750, variable cost =

27,000 = ($1,215,000 - $60,750) / ($80 - V)

27,000 = 1,154,250 / ($80 - V)

V = $37.25

Variable cost would increase by : $37.25 - $35 = 2.25

8 0

3 years ago

Trade will take place: A. if the maximum that a consumer is willing and able to pay is less than the minimum price the producer

Lubov Fominskaja [6]

Answer: (B.) If the maximum that a consumer is willing and able to pay is greater than the minimum price the producer is willing and able to accept for a good.

Explanation:

A producer will only sell goods and services if the consumer is willing to pay as much as the asking price. i.e. The price that the producer is asking. For this to happen the consumer's willingness to pay must be greater than the minimum price.

Therefore , the trade will take place if the maximum that a consumer is willing and able to pay is greater than the minimum price the producer is willing and able to accept for a good.

8 0

3 years ago

In a command economy, the head of each household makes the fundamental economic choices such as what to produce and how to produ

uysha [10]

Answer:

B) False

Explanation:

In a command economy, the government makes the fundamental economic choices such as what to produce and how to produce output.

The government also owns means of production.

I hope my answer helps you

8 0

3 years ago

You have just purchased a car and, to fund the purchase, you borrowed $31,000. If your monthly payments are $493.25 for the next

Free_Kalibri [48]

Answer:

4.56%

Explanation:

The annual percentage rate refers to the rate at which the loan amount is equal to the present value of cash flows

In mathematically

Loan amount = Present value of cash flows

Loan amount = Monthly payment × PVAF (rate, number of years)

$31,000 = $493.25 × PVAF (rate, 72 months)

So,

PVAF (rate, 72 months) = 62.8485

And, the monthly rate is = 0.38%

So, the APR is

= Monthly rate × total number of months in a year

= 0.38% × 12

= 4.56%

The 72 months is

= 6 years × 12 months

= 72 months

7 0

3 years ago

Suppose that, in a competitive market without government regulations, the equilibrium price of donuts is $1.00 each. Indicate wh

vodomira [7]

Answer:

1. Price ceiling, Binding

2. Price ceiling, Binding

3. Price floor, binding

Explanation:

Price ceiling is a government or group control limit on how high a product, commodity or service can be charged.

Price floor is a government or group limit on how low a product, commodity or service can be charged.

Binding simply means you are legally bound to something while non-binding means you are not legally bound to it.

8 0

3 years ago