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slamgirl [31]
3 years ago
7

Top Shelf Industries is considering remodeling a building that it leases to a retail store. The remodeling costs are estimated a

t $2.15 million. If it proceeds with the remodeling, the tenant has agreed to pay an additional $750,000 a year in rent for the next 4 years. The discount rate is 13 percent. What is the benefit of the remodeling project to Top Shelf Industries
Business
1 answer:
Strike441 [17]3 years ago
6 0

Answer:

$80,875

Explanation:

The computation of the net present value or net benefit is shown below:

= Present value of all yearly cash inflows after applying discount factor - initial investment

where,

The Present value would be

= Additional amount × PVIFA for 4 years at 13%

= $750,000 × 2.9745

= $2,230,875

Refer to the PVIFA table

And, the initial investment is $2,150,000

Now put these values to the above formula  

So, the value would equal to

= $2,230,875 - $2,150,000

= $80,875

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Labor demand is less elastic when: _____________
garri49 [273]

Answer:

The correct answer is B. Labor demand is less elastic when a large amount of labor is essential to the production process.

Explanation:

Inelastic demand is one that is not very sensitive to sudden changes in its quantity, even in the face of important changes in the context in which they operate, such as a change in the price if it is a product for sale, or in the working conditions or wages if you talk about labor demand.

Thus, in the case of a job in which high amounts of labor are needed, the labor demand will remain stable despite these changes, as workers will perceive that it is a position of easy access and hiring.

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3 years ago
A registered representative has left one firm to join another. Sometime later, the former employer discovers that some informati
postnew [5]

No stated time limit has been given if the firm had not filed an amended U-5.

<h3>What is the time limit to be followed for filing form U-5?</h3>

Form U5 must be filed within thirty days of the date of the termination event, and it requires a firm to provide accurate answers to various questions, including the reason for an associated person's termination of their registration.

Form U5 is the Uniform Termination Notice for Securities Industry Registration which includes the Broker-dealers, funding advisers, or issuers of securities who ought to use this form to terminate the registration of a person in the best jurisdictions.

Hence, no stated time limit has been given if the firm had not filed an amended U-5.

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8 0
2 years ago
The Smith home has an assessed value of $64120, and their tax rate is 3.2%. What is their annual tax bill?
Kruka [31]

The annual tax bill of Smiths' house is $64120.

A tax is a compulsory fiscal burden or another type of levy imposed on taxpayers by government agencies to fund government expenditures and various public expenditures. A written claim for money owed by an individual or entity in taxes. It is used to fund and pay interest on federal debt.

The Smith home has an assessed value of $64120

tax rate = 3.2%.

   

The annual tax bill

= ($64,120 x . 032 = $2,051.84).

Hence, the annual tax bill is $2,051.84.

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7 0
2 years ago
Where does a traffic police work?
antiseptic1488 [7]

Answer:

if there are four sides of the roads in the middle

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7 0
4 years ago
T. Dole invests cash and land into an existing partnership. The cash invested is $30,000 and the land has a fair market value of
bekas [8.4K]

The journal entry to reflect this transaction would include a credit to T. Dole, Capital in the amount of $90,000.

<h3>What journal entries?</h3>
  • A journal entry is an act of keeping or producing records of any economic or non-economic transaction.
  • An accounting journal, which shows a company's debit and credit balances, records transactions.
  • The journal entry can be made up of multiple records, each of which is either a debit or a credit.
  • Otherwise, the journal entry is termed unbalanced if the sum of the debits does not equal the total of the credits.

So, the journal entry to reflect this transaction would include a credit to T. Dole, Capital in the amount of cash invested, and the fair market value.

30,000 + 60,000 = $90,000

Therefore, the journal entry to reflect this transaction would include a credit to T. Dole, Capital in the amount of $90,000.

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The complete question:

T. Dole invests cash and land into an existing partnership. The cash invested is $30,000 and the land has a fair market value of $60,000. The journal entry to reflect this transaction would include a credit to T. Dole, Capital in the amount of $ ______.

7 0
1 year ago
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