Answer:
$204,000
Explanation:
Initial cost basis is the amount of cost capitalized in the purchase of an asset for tax and other purposes.It consists of purchase price , development fees , professional fees estate taxes and others.
Please note that finance cost is not included as it is recorded as expenses over the life of the loan.
Workings
Materials - $100,000
Contractor fees - $70,000
Architectural fees - $ 18,000
Cost of land $ 15,000
Estate taxes - $1000
Total cost =$204,000
Answer:
A. future conditions can be different from the past
Explanation:
A limitation of using past performance as a basis for judging actual results is that future conditions can be different from the past. Many factors within a business can change as time progresses and all of which act as variables when determining performance. Therefore a change in one of these variables can drastically change the performance in the present even though everything else in regards to the business is the same as it was in the past.
<span>Step 1:
Females who attend college = 0.80 * 0.90 = 0.72
Step 2:
Females who did not attend college = 0.80 * 0.10 = 0.08
Step 3
Male who attend College 0.20 * 0.78 = 0.156
Step 4
Male who did not attend college 0.20 * 0.22 = 0.044
So 0.044(4.4%) is the probability that the person selected is a male who did not attend college</span>
Answer:
I Tax audit risk
II Marketability risk
III Legislative risk
Explanation:
Limited partnership investors is a form of partnership that have one limited partner, it should be noted that there are many risk involved been a Limited partnership investors such as Tax audit risk, Marketability risk and Legislative risk
Answer:
Study objects, conduct tests, research written materials, and ask questions
