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Pepsi [2]
2 years ago
10

A company purchases a remote building site for computer operations. The building will be suitable for operations after some expe

nditures. The wiring must be replaced to computer specifications. The roof is leaky and must be replaced. All rooms must be repainted and recarpeted and there will also be some plumbing work done. Which of the following statements is true?
A. The cost of the building is the purchase price of the building, while the additional expenditures are all capitalized as Building Improvements.
B. The cost of the building will not include the repainting and recarpeting costs.
C. The cost of the building will include the cost of replacing the roof.
D. The wiring is part of the computer costs, not the building cost.
Business
1 answer:
vaieri [72.5K]2 years ago
3 0

Answer:

True Statements are:

B, C, D

Explanation:

All the capital cost incurred for an asset acquisition is added to the cost of capital asset.

The cost of capital asset here will include the following,

Replacement of wiring will not form part of cost of building, as is associated with fittings and computers, so either it will be clubbed in furniture and fittings or computers,

Replacement of roof is a part of building and shall be added to cost of building.

Painting, plumbing etc: will not form part of cost of building, as will be added to revenue expenditure and not the capital expenditure.

Thus with the above clarification of nature of expense, Statement B, C, and D are true.

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Following a technological decline—for example, a decrease in the speed with which robots can attach bolts to cars—there is a the
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Answer:

there is a <u>leftward shirt of</u> the supply curve because the technological decline makes cars <u>more expensive to build</u>.

Explanation:

In the supply curve, the change in the supply of goods and services when the prices of goods and services change is plotted while other factors are kept constant. A decrease in technology will result in a reduction in the production of goods if the inputs remain unchanged. Therefore, if the robots are slow, the number of cars produced will be fewer and as such the goods supplied will be lower than those produced and supplied when the robots are faster.

3 0
3 years ago
A financial services firm that charges customers based on a percentage of the assets under management is best defined as:_______
Softa [21]

A Money Manager is a person or Financial firm that charges customers based on a percentage of the assets under management.

A money manager is someone or a financial firm that manages the securities portfolio of a person or institutional traders. expert money managers do now not receive commissions on transactions; instead, they are paid based on a percent of property underneath management.

A financial firm approach any firm or fund that makes assignment capital or other investments, or that engages in funding banking, the mutual fund business, or the securities commercial enterprise.

A financial services organization is an enterprise or organization which manages, invests, exchanges, or holds money on behalf of customers.

The 4 maximum common sorts of economic establishments are business banks, brokerage firms, insurance organizations, and investment banks.

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4 0
1 year ago
Suppose a small manufacturing business wishes to have a system to manage all its vital business operations, they should go for a
Stella [2.4K]

Answer:

The correct answer is d) enterprise resource planning (ERP) system

Explanation:

Enterprise resource planning (ERP) is a system utilized by corporations to administrate their businesses, implementing the resources to plan and integrate all of the processes needed to run their companies with a single system. An ERP software system combines planning, human resources, sales, marketing, finance and purchasing inventory.

7 0
3 years ago
What was the opportunity cost for lebron james when he determined to directly enter the nba?
frozen [14]

LeBron James is one of the best basketball players in the country, was selected by the Cleveland Cavaliers as the first pick in the 2003 NBA draft, signing a three-year contract worth almost $13 million, with an option for a fourth year at $5.8 million. Had he decided to attend college instead, James would have incurred an opportunity cost of at least $19 million in forgone income to earn a four-year college degree.

Opportunity cost is the value you would gain or lose if you choose a different path or solution. The opportunity cost in this scenario is deciding to play in the NBA since college was too expensive. LeBron James ultimately saved time and money by taking the detour because he received a contract worth close to $13 million; otherwise, he would have had to pay more and spend more time attending a four-year college.

LeBron's decision to join the NBA right after high school graduation has an opportunity cost because he might have attended a four-year university or college instead. He was chosen by the Cleveland Cavaliers as the first overall choice in the 2003 NBA Draft

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brainly.com/question/13036997

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3 0
1 year ago
JTL has 148,000 shares of stock outstanding. The firm has extra cash so it announced this morning that it is willing to repurcha
MrRissso [65]

Answer:

A tender offer.

Explanation:

This is simple explained to be the offer put to place to execute a work or even services for a said/given price. These offers are typically said to be done publicly; shareholders in some cases a been put to place to sell their shares for a specified price and within a particular window of time. Target sales orders which are been tabled/offered are been usually placed at certain premium value which are effective in market price and is often contingent upon a minimum or a maximum number of shares sold. In many other cases, tender are seen to be in security forms or other non-cash alternatives are offered in exchange for shares.

3 0
3 years ago
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