The cost of land would not include option(a) i.e, the Cost of parking lot lighting.
<h3>What is meant by
the cost of land?</h3>
The asset valuation method that is used to value land that appears on a company's balance sheet is known by the financial accounting term cost of land. The price of the land would cover all costs incurred in purchasing the property as well as those incurred in getting it ready for usage by the business.
The price of the land might be calculated by adding the purchase price, the local government's appraisal of the property, deducting the cost of any existing structures, and title insurance premiums.
All expenses incurred to prepare the improvements for use are included in the cost of land improvements. For instance, the cost of the parking lot is just the agreed-upon fee when two businesses enter into a contract to build one on the other's property.
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The statement that ten percent of your grade for this assignment is based on your explanation of two basic principles of communication
is false because the answer is based on the grading rubric
of the week one assignment that was given.
The best estimate of the current stock price is $48.31.
<h3>
What is dividend?</h3>
Dividend refers to the profit earned after reducing all the expenses and the cost. The dividend is the money distributed to the stakeholders by the company.
According to the above case, The pineapple Company earned the dividend of $1.75 and growth rate is constant at the rate of 25% for 2 years.
The best price estimate of the current stock = =[$1.75(1.25)2(1.06)]/(0.12-0.06)
= $48.31.
The best estimate of the current stock price is $48.31.
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Answer:
$2,320
Explanation:
the interest accrued by February 28, 20X5 = $10,000 x 12% = $1,200
since the interest compounds yearly, the interest accrued by December 31, 20X5 = ($11,200 x 12% x 10/12) + $1,200 = $1,120 + $1,200 = $2,320
Compound interest means that earned interest will earn more interest itself in the next period. That is why you need to include the previously accrued interest in the interest calculation for the second part.
Answer:
Total cash collection May= $60,000
Explanation:
Giving the following information:
Cash collection:
30% are collected in the month of sale
60% are collected in the first month after sale
10% are collected in the second month after sale.
Sales:
April= $60,000
May= $80,000
<u>We need to calculate the cash collection for May:</u>
Cash collection:
Sales in cash May= (80,000*0.3)= 24,000
Sales in account from April= (60,000*0.6)= 36,000
Total cash collection May= $60,000
