Answer:
Explanation:
Amount McCoy’s Fish House should record as the cost of the land = Purchase price of land + Title insurance + Back taxes for property + Cost of removing the building + Cost of leveling the land - selling price pf salvaged materials
= $920,000 + $2,200 + $8,200 + $46,000 + $10,200 - $3,400
= $983,200
Property tax of $4,200 paid in the current year is included in the income statement as an expense and is not included in the cost of land.
Therefore, cost of land is $983,200
Answer:
A. Identifying and defining the problem
Explanation: Before taking any action in a production environment one must be able to identify and define the problem.
Problem identification and defining is first approach to solving problems as it gives a clear picture of what and how the problem is,when it started and the possible threats it pose to the business entity.
When a manager wants to address a problem, he should first identify the problem,carry out steps that will help him or her to define what the problem is,through this he or she can be able to develop possible solutions.
Answer:
Explanation:
Definition of planning : Including to map out on how to achieve a certain goal.
Which is what Armani shows
1) is c 2) is a 3) is 15 sorry if it’s wrong
