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Rasek [7]
3 years ago
14

Holiday Laboratories purchased a high-speed industrial centrifuge at a cost of $440,000. Shipping costs totaled $30,000. Foundat

ion work to house the centrifuge cost $8,600. An additional water line had to be run to the equipment at a cost of $3,000. Labor and testing costs totaled $5,300. Materials used up in testing cost $2,600. The capitalized cost is:__________.
a. $489,900.
b. $470,000.
c. $481,600.
d. $489,500.
Business
1 answer:
Yakvenalex [24]3 years ago
7 0

Answer:

d. $489,500

Explanation:

The capitalized cost will include all the costs incurred by Holiday laboratories to readily make the asset for use.

Therefore,

Capitalized cost = High speed industrial centrifuge + Shipping cost + Foundation cost + Equipment cost + Labor and testing cost + Material cost

= $440,000 + $30,000 + $8,600 + $3,000 + $5,300 + $2,600

= $489,500

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miskamm [114]

Answer:

do not worry for the interview you will got the job.

5 0
2 years ago
Why is it difficult for people to change their attitudes and behaviors towards others in the workplace?
chubhunter [2.5K]

Answer:

Why is it difficult for people to change their attitudes and behaviors towards others in the workplace?

Changing owns behaviors requires understanding and modifying the beliefs that drive ones attitude and behavior towards other

Explanation:

Before anyone could change behavior, it takes time as it has been a part and passel of ones life. Time is utmost required to modify such beliefs in order to have change of attitude and behavior.

6 0
3 years ago
Malden corporation has assets of $1,000,000 and liabilities of $400,000. What is its stockholder equity balance?
Mumz [18]

$600,00 is the Stakeholder Equity Balance.

Stakeholder Equity Balance  = Total Assets - Total Liabilities

                                                 = $1,000,000 - $400,000

                                                 = $600,000

<h3>What is Stakeholder Equity?</h3>

The balance sheet account for stockholders' equity, sometimes referred to as shareholders equity is made up of share capital plus retained earnings. It also symbolizes the difference between the value of assets and obligations. Assets = Liabilities + Stockholders Equity is the original accounting formula, however, it can also be written as

Stockholders Equity = Assets - Liabilities.

Components of the stakeholder Equity are:

  • Share Capital is the term used to describe funds that the reporting company receives from transactions with its owners.
  • Retained Earnings are income-derived quantities also known as Accumulated Other Comprehensive Income and Retained Earnings (for IFRS only).
  • Dividends and Net Income: Dividend payments lower retained profits while net income increases them.

Therefore, $600,000 is the stakeholder equity balance.

For more information on Stakeholder Equity balance, refer to the given link:

brainly.com/question/24601429

#SPJ4

5 0
2 years ago
A construction company entered into a fixed-price contract to build an office building for $28 million. Construction costs incur
Radda [10]

Answer:

$3.2 million

Explanation:

The revenue and gross profit or loss which the company identify in the first and second year if it recognizes revenue upon contract completion is calculated below.

Total costs = Incurred costs + estimated costs to complete = $8 million + $12 million = $20 million

Revenue to recognize = $8m/$20m*$28m = $11.2 million

Gross Profit = Revenue recognized less costs incurred

= $11.2m - $8m = $3.2 million

4 0
4 years ago
List at least 5 typical standard or qualtities that contribute to the success of a business.
Alja [10]
1.an unwavering passion 2.also open mindedness 3.the desire to be an expert 4. a forward looking approach 5.a constant flow of ideas
this is 5 typical standard that contribute to the success of a business. hope i helped you out
7 0
4 years ago
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