Answer:
D. $2,050,000.
Explanation:
In 2020
Expenditure = 4,000,000
In 2021
Expenditure = 2,050,000 (Change in Design cost is already included)
All the costs incurred to make an asset usable could be capitalized. the change in original construction design is an essential cost and it is incurred before completion / use of city hall. So the cost of 2,050,000 will be added to capital account in 2021.
So the correct option is D. $2,050,000.
Answer:
4.Sole Proprietorships, Partnership and Corporation
Explanation:
A sole proprietorship is probably the most popular form of business ownership. It a business owned by a single individual. A sole proprietorship is simple to establish and operate. The owner does not require to consult anyone when making decisions. A sole proprietorship enjoys single layers of taxation, although the owner has unlimited liability to the business's debts.
When two or more friends or acquaintances combine efforts to create a business, they form a partnership. The partnership business is guided by agreements contained in the partnership deed. The agreement dictates each partner's role, the formula for sharing profits and losses, among other items. The income of a partnership is treated as the partners' income for taxation purposes.
A corporation is a complex business structure. Legally, a corporation is recognized as a distinct and separate entity from its owners. A corporation is a legal person with rights to trade, enter into contracts, own properties, and incur debts. As a business, the corporation is expected to file income tax returns.
Answer:
34
Explanation:
Annual demand D = 4,200 bags
Ordering cost S = $10.70
Holding cost H = $76
Economic order quantity =
Economic order quantity =
Economic order quantity =
Economic order quantity =
Economic order quantity = 34.389388
Economic order quantity = 34
Answer:
c) passive fund.
Explanation:
The passive fund seeks a favorable long-term rate of return from a diversified portfolio selected to track the overall market for common stocks publicly traded in the United States, as represented by a broad stock market index.
It is a variable annuity investment approach of TIAA-CREF mutual funds that focuses on equity and with the objective of blending broad market.
Answer: 25%.
Explanation:
Expected Rate of return is calculated by first finding the difference between the Revenue Expected and the Cost.
Once this figure is ascertained, you divide it by the Cost.
In this case that would be
$250,000 - $200,000 = $50,000.
50,000/200,000 = 0.25
= 25%.