1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kumpel [21]
3 years ago
8

Shelton Co. purchased a parcel of land six years ago for $874,500. At that time, the firm invested $146,000 in grading the site

so that it would be usable. Since the firm wasn't ready to use the site itself at that time, it decided to lease the land for $54,500 a year. The company is now considering building a warehouse on the site as the rental lease is expiring. The current value of the land is $926,000. What value should be included in the initial cost of the warehouse project for the use of this land? $1,020,500
Business
1 answer:
Oliga [24]3 years ago
3 0

Answer:

$926,000

Explanation:

For computing the initial cost of the warehouse project, we consider the current value of the land i.e represent the opportunity cost and the land value which is purchased six years ago for $874,500 represent the sunk cost which is not recoverable now. So, this sunk cost is not relevant.

And, the lease cost is also not relevant as the lease period will be ended soon.

All other information which is given is not relevant. Hence, ignored it

You might be interested in
You have just created the "perfect" ad. It communicates the full mix of benefits upon which the brand is differentiated and posi
Mademuasel [1]

Answer:

A) its value proposition

Explanation:

A good brand value proposition should state all the benefits of your product or service since it is the promise that your brand (or company) is delivering to  potential or current customers in order for them to purchase your product or service instead of the competition's.

4 0
3 years ago
Dax has been promoted to a first-line manager. Dax's new position will require him to spend a lot of time
monitta

Answer

This new position as a first line manager will require him to operate his departments. This role requires him to assign tasks, manage the work flow, monitor the quality of work, solve the employees problems and keep informing the middle and executive managers on challenges and success on the ground level of the company.

Explanations

First-line managers provide firsthand information on true challenges and can offer better and workable solutions. This is because they have the immediate view of the outcomes of the policies, strategies, marketing approaches and production capabilities of the company. They have the ear of upper managers, where they will offer solutions that can improve the processes in the company and the procedures. In addition to that, first-line managers are expected by the work-group employees to protect them from policies and initiatives which are unreasonable.



5 0
3 years ago
The two functions of financial accounting are to measure business activities and prepare tax returns. True or false
Schach [20]

The two functions of financial accounting are to measure business activities and prepare tax returns. FALSE

<h3>What is a Tax return?</h3>
  • A tax return is a document submitted to a taxing body that lists earnings, outlays, and other pertinent financial data.
  • Taxpayers compute their tax liabilities, set up tax payments, and request refunds for overpaid taxes on their tax returns.
  • Tax returns must typically be filed yearly.
  • In the United States, tax returns including data necessary to compute taxes are filed with the Internal Revenue Service (IRS) or with the state or local tax collecting agency (Massachusetts Department of Revenue, for instance).
  • The IRS or another applicable authority's forms are often used to complete tax returns.

To learn more about Tax return, refer to the following link:

brainly.com/question/27300507

#SPJ4

6 0
1 year ago
What is meaning of GST​
bogdanovich [222]

Explanation:

goods and service tax I think that is the answer

4 0
2 years ago
Is it ethical for large companies to market small brands as being local, natural, or eco-friendly when they are in fact owned by
klio [65]

Answer:

yes

Explanation:

companies will not yell the truth

3 0
2 years ago
Other questions:
  • Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credi
    9·1 answer
  • Discuss whether you agree with the following statement: “The problem with economics is that it assumes that consumers and firms
    7·1 answer
  • The following annual returns for Stock E are projected over the next year for three possible states of the economy. What is the
    15·1 answer
  • What consequences do borrowers face if they miss many payments?
    14·1 answer
  • The Holmes Company's currently outstanding bonds have an 8% coupon and a 10% yield to maturity. Holmes believes it could issue n
    12·1 answer
  • Which of the following is used to track and gather information without knowledge or authorization?
    5·1 answer
  • Capital budgeting is concerned with making and managing expenditures on:________
    5·1 answer
  • Which is the largest of the four information technology pathways?
    12·2 answers
  • Edmonco Company produced and sold 45,000 units of a single product last year, with the following results: Sales Revenue $ 1,350,
    12·1 answer
  • LUVFINANCE, Inc. is estimating its WACC. The firm could sell, at par, $100 preferred stock that pays a 10 percent annual dividen
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!