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V125BC [204]
4 years ago
12

Land is purchased for $256,000. Additional costs include a $15,300 fee to a broker, a survey fee of $2,400, $1,750 to construct

a fence, and a legal fee of $8,500. What is the cost of the land
Business
1 answer:
KonstantinChe [14]4 years ago
7 0

Answer:

The answer is $282,200

Explanation:

The cost of an asset includes the purchase price (cost of acquisition) and the cost neccessary to bring it usage.

For example, for cost of acquiring a machinery, the purchase price minus any trade discount plus cost of transportation, plus any tax paid on acquisition plus cost of installation etc.

But for the acquisition of land, all the cost except the cost of fence of the land will be considered.

So we have:

Purchase price. $256,000

Broker's fee. $15,300

Survey fee. $2,400

Legal fee $8,500

Cost of the land. $282,200

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To prevent burns from heat

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3 years ago
Melanie needs to ensure that readers are able to locate specific sections within a document easily. What should she include in t
frutty [35]

Answer:

table of contents

Explanation:

Table of contents, usually put at the beginning or end of a document, lists the chapter and section of the document, together with their page numbers. This is the widely used method that makes literature more readable and searchable.

So, Melanie needs to create a table of contents, so her readers will be able to find specific sections after glancing at it.

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3 years ago
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You borrow $10,000 today at a nominal rate of 5%; inflation for the past 10 years has been exactly 2%. Today, inflation instantl
Tamiku [17]

Here is the answer choice to the question

a. the real rate of interest on your loan is 14%.

b. the real rate of interest on your loan was previously 10% and is now 35%.

c. the real rate of interest on your loan is now –2%.

d. you will pay the lender back exactly $9,500.

e. you will pay the lender back exactly $10,700

Answer:

C. the real interest rate on your loan is now -2%

Explanation:

The real interest rate of can be gotten by subtracting the nominal interest rate from the inflation rate from nominal interest rate

Inflation rate = 7%

Nominal interest rate= 5%

= 5 percent - 7 percent

= -2%

The real interest rate can be defined as the rate of interest an investor, saver or lender is going to receive after they have allowed for inflation.

6 0
3 years ago
if kono makes a particular choice, his utility, on average, is his: total well-being. middle utility. expected utility. normal w
RideAnS [48]

If Kono makes a particular choice, his utility, on average, is his expected utility.

In regular language, an average is a unmarried number taken as consultant of a listing of numbers, usually the sum of the numbers divided by means of how many numbers are inside the list (the mathematics mean). for example, the average of the numbers 2, three, 4, 7, and nine (summing to 25) is five. depending at the context, a median is probably another statistic which include the median, or mode. for instance, the common private profits is often given as the median—the number below which might be 50% of personal earning and above that are 50% of personal earning—because the imply might be misleadingly excessive via consisting of non-public earning from a few billionaires.

Learn more about average here

brainly.com/question/1136789

#SPJ4

3 0
1 year ago
Donna, a corporate director, sold 100 shares of stock in her corporation on June 1, 2007. The selling price was $10.50 a share.
ivolga24 [154]

Answer:

Yes, this could be considered insider trading.

Explanation:

Insider trading refers to activities carried out in order to benefit from confidential information about publicly traded corporations. Generally speaking, those activities involve buying or selling stocks before some important information is known by the public.

In this case, Donna as corporate director knew that the financial statements would disappoint and therefore the stock price would fall. So she decided to sell her stocks before the public knew about the lower profits, or lower sales, etc.. Then after the stock price fell, she decided to purchase stocks again at a much lower price.  

4 0
3 years ago
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