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AleksAgata [21]
3 years ago
14

Marigold Inc. purchased land at a price of $29,900. Closing costs were $2,650. An old building was removed at a cost of $12,030.

What amount should be recorded as the cost of the land
Business
1 answer:
kiruha [24]3 years ago
5 0

Answer:

$44,580

Explanation:

Given that ;

Purchased price = $29,900

Closing costs = $2,650

Cost of removing old building = $12,030

The amount that should be recorded as the cost of the land

= Purchased price + Closing costs + Cost of removing the old building

= $29,900 + $2,650 + $12,030

= $44,580

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Seller Jim tells his agent Brenda that he does not want his home marketed to families with children. Brenda refuses. Which state
valentina_108 [34]

People are often entitle to their behavior or actions. The statement  that is true is that Brenda has not violated any fiduciary duty.

  • A fiduciary duty is known to be when a person did accept some measures of responsibility to act in place in the best interests of another person or entity.

A breach of fiduciary duty takes place only when a principal did not carry out the responsibly given to them and for that they may pay some penalty.

For Brenda case, she has not accepted to carry out the duty on behalf of Jim and as such She is not to be held for breach of  fiduciary duty.

See full question

Seller Jim tells his agent Brenda that he does not want his home marketed to families with children. Brenda refuses. Which statement is true?

Brenda must follow all of Jim’s instructions.

Brenda has violated the fiduciary duty of obedience to Jim.

Brenda could be liable for a breach of the listing contract terms.

Brenda has not violated any fiduciary duty.

Learn more about Violations from

brainly.com/question/14995701

7 0
3 years ago
Adrian placed an X-Box on layaway as a Christmas gift. The price of the X-Box was $400.00. The store charges a 5% layaway fee an
fgiga [73]

Answer:

$59.5

Explanation:

Data provided;

The price of the X-Box = $400.00

layaway fee = 5%

Down payment = 15%

Now,

The total cost of the X-Box = $400.00 + 5% of $400.00

or

= $400.00 + 0.05 × $400.00

= $400 + $20

= $420

The amount of down payment = 15% of $420

= 0.15 × $420

= $63

The amount left after down payment = $420 - $63

= $357

Therefore,

The weekly payment = \frac{\textup{Total amount to be paid}}{\textup{Total weeks}}

= \frac{\textup{357}}{\textup{6}}

= $59.5

8 0
3 years ago
Madison Finance has a total of $20 million earmarked for homeowner loans and auto loans, where x is homeowner loans in millions
Deffense [45]

Answer:

Ans. Car loans must be $4,000,000 and Home loans $16,000,000 in order to use all the conditions in the problem. Return= $2,000,000

Explanation:

Hi, well, you need to make sure to get as many car loans as the conditions of the problem allows you, since it returns 14%.

I used MS Excel solver to find this result, please download the excel spreadsheet attached to this answer.

Best of luck.

Download xlsx
7 0
3 years ago
According to Mendenhall and Oddou, which of the following dimensions that predicts success in a foreign posting strengthens an e
Ne4ueva [31]

According to Mendenhall and Oddou <u>self-orientation</u> predicts success in a foreign posting strengthens an expatriate's self-esteem, self-confidence, and mental well-being.

<u>Option: D</u>

<u>Explanation:</u>

Mendenhall and Oddou belief that self-orientation is beneficial to have assumption regarding success in foreign posting capacities by showcasing sufficient amount of self-confidence and mental stability.

Self-orientation allow the representative to arrange the strategy or upcoming conversation in mind according to on going scenario, this is only possible when one is having a stable self-oriented brain rather then doubtful, full of questions, nervous mode or any unimpressive act.

Here, they have correlated self-orientation with positive side of business inspite of being only self concern and not considering other factors.

6 0
3 years ago
A __________ bond gives the bondholder the right to cash in the bond before maturity at a specific price after a specific date.
Vesna [10]

A puttable bond gives the bondholder the right to cash in the bond before maturity at a specific price after a specific date.

What is meant by puttable bonds?

A puttable bond, also known as a put bond or retractable bond, is a type of bond that gives the bondholder (investor) the right but not the responsibility to demand that the issuer repay the bond before its maturity date. This bond has a put option built into it, to put it another way.

Who benefits from a puttable bond?

Bonds with put options offer excellent support for the bondholder's reinvestment risk. They have the option to repurchase the bond at any time, using the proceeds to buy high-yield bonds. However, businesses can be financed by firms without having to pay higher interest rates.

Learn more about Puttable bonds: brainly.com/question/16964019

#SPJ4

7 0
2 years ago
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