Answer:
$72,700
Explanation:
According to IAS 16, the cost of an asset includes all the costs that are related to its purchase and until it is put to use. These costs include purchase price , commission , transportation , installation legals and warranties.
Please note that the cost of repairs during installation is not capitalized but expended,
Workings.
Cost of purchase - $70000
Sales tax $700
Freight - $800
Insurance - $150
Installation cost - $1050
Total Cost - $72,700
<span>A discharge petition may be taken if a bill stagnates in a house committee. Discharging a petition is bringing a bill in front a house committee and discharging it so that no </span>further discussion or consideration can be made regarding the bill.
Answer:
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Explanation:
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The information demonstrates about that Alex's investments would most likely would have benefited by diversifying.
<h3>What is a diversification?</h3>
This refers to the act of adopting a growth strategy that involves entering into a new industry while also creating a new product for that new market.
Hence, based on the information given, it is deduced that Alex's investments would most likely would have benefited by diversifying.
Read more about diversification
<em>brainly.com/question/417234</em>
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