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3 years ago

7

It is estimated that the annual maintenance cost of a statue erected in front of a public building in a state capital would be $

1,000. Assuming an interest rate of 4% year compounded monthly, determine the capitalized cost for maintaining the statue.

1 answer:

Over [174]3 years ago

3 0

Answer:

225558 jhdsyjnpgdsejnjide

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What limits specialization in the global economy?

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On July 1, Robles Metal Products had a beginning inventory of $505,700. During the quarter, goods costing $290,900 were manufact

irga5000 [103]

Answer:

Instructions are below.

Explanation:

Giving the following information:

beginning inventory= $505,700

Cost of goods manufactured= $290,900

Ending inventory= $485,300

Net sales= $759,200.

To calculate the cost of goods sold, we need to use the following formula:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 505,700 + 290,900 - 485,300

COGS= $311,300

Now, we can determine the gross profit:

Gross profit= net sales - COGS

Gross profit= 759,200 - 311,300

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3 years ago

Jamie McFarland has determined that the value of her liquid assets is $4,500, the value of her real estate is $128,000, the valu

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Answer:

$105,500

Explanation:

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3 years ago

Which of the following is not an advantage of the average rate of return method?

Rufina [12.5K]

Answer:

a. emphasizes accounting income

Explanation:

Average rate of return is calculated using annual returns, for the period for which the investment is made.

The formula to calculate so = $\frac{Average return during the period}{Average investment}$

Where average return during the period = total of return during the entire life of the investment divided into number of years, or tenure of investment.

Average investment = (Opening investment + Closing investment)/2.

Therefore it does not consider the accounting income, it takes into consideration, it considers total return from each particular investment.

Thus emphasizing on accounting income is not an advantage of average rate of return method.

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3 years ago