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Troyanec [42]
3 years ago
12

The closing is conducted by the sellers agent

Business
1 answer:
torisob [31]3 years ago
6 0

Answer:

False

Explanation:

As we know that the closing would be conducted by the closing agent not with the seller agent. The closing agent could be the worker or the employer etc

Therefore the given statement is false

Hence, it is not a true statement

So the same is to be relevant

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Holiday Laboratories purchased a high-speed industrial centrifuge at a cost of $440,000. Shipping costs totaled $30,000. Foundat
Yakvenalex [24]

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

7 0
3 years ago
An investor bought a one-acre lot on the outskirts of a city for $12,700 cash. Each year she paid $175 of property taxes. At the
german

Answer:

79.5%.

Explanation:

Rate of return = \frac{final value - initial value}{initial value} x 100

The cost of the acre = $12700.

Total property taxes paid for 7 years = $175 x 7

                                                             = $1225

Net value of cost = $12700 + $1225

                             = $13925

Net value of the land when sold = $25000

∴ Rate of return = \frac{25000 - 13925}{13925} x 100

                          = 0.7953 x 100

                          = 79.53%

The rate of return of the acre of land is 79.5%.

7 0
3 years ago
What is the primary purpose of a mission statement?
natka813 [3]
Its c good luck and hope that helps 
3 0
3 years ago
On November 1, Alan Company signed a 120-day, 10% note payable, with a face value of $57,000. Alan made the appropriate year-end
just olya [345]

Answer:

Amount paid to record is $58,900

Explanation:

In this question, we are asked to state the Journal entry as of March 1.

Please check attachment for tabular explanation

Kindly note that 360 is used as the number of days in a year

4 0
3 years ago
A mystic claims that he can perceive that a bank is in the process of being robbed. this ability is known as _____.
trasher [3.6K]
This ability is known as claircognizance or clear knowing. This is said to be one of four basic intuitive senses. People who exhibit this ability seem to just know things with no explanation as to how they came by the knowledge. A person with this ability can get information about a person object or place. They often explain the event as just flashing to their minds. 
6 0
3 years ago
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