1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Liula [17]
3 years ago
9

These expenditures were incurred by Sheffield Corp. in purchasing land: cash price $86,000, assumed accrued taxes $3,200, attorn

ey’s fees $2,600, real estate broker’s commission $1,800, and clearing and grading $5,700. What is the cost of the land?
Business
1 answer:
boyakko [2]3 years ago
5 0

Answer: $‭99,300‬

Explanation:

The cost of the land includes the actual purchase price and every expense incurred to get it ready for use.

These include;

= Cash price + Accrued taxes + Attorney fees + Real estate broker’s commission + clearing and grading

= 86,000 + 3,200 + 2,600 + 1,800 + 5,700

= $‭99,300‬

You might be interested in
How does the format of a memo differ from that of an e-mail? please answer asap
aivan3 [116]

Answer: <u>Memos omit a closing signature.</u>

<u />

<u>(I took the test and this was the answer)</u>

5 0
3 years ago
According to hofstede's dimensions of cultural personality, cultures that are __________ are assertive and competitive.
ra1l [238]

<span>After thorough researching, according to Hofstede's dimensions of cultural personality, cultures that are masculine are assertive and competitive. The correct answer to the following given statement above is masculine. Masculine refers to the characteristics or attributes that have a connection with boys or men.</span>

3 0
3 years ago
Accumulated depreciation shows a beginning balance of $9,300 and an ending balance of $10,700. How much depreciation expense was
faust18 [17]

Answer:

$1400

Explanation:

Accumulated depreciation is the total depreciation of an asset and is recorded on the balance sheet while the depreciation expense is recorded on the income statement as an expense.

The depreciation expense is the difference between the accumulated depreciation at the end and the accumulated depreciation at the beginning. It is given as:

Depreciation expense = accumulated depreciation at the end - accumulated depreciation at the beginning = $10700 - $9300 = $1400

Depreciation expense = $1400

6 0
3 years ago
Assume an analyst has been hired to estimate the price elasticity of demand for hamburger (which sells for about $2.30 per pound
Pepsi [2]

Answer:

The correct answer is B

Explanation:

Price elasticity of the demand evaluates the demand responsiveness after the change or variation in the product own price.

The formula for computing the coefficient of price elasticity, is the factors which affect the elasticity and also elasticity is vital for business when deciding the prices.

So, Filet mignon(F) sells for $20 per pound when compared to that of hamburger (H) which sells the product for $2.30 per pound. F have the higher price as compare to the H, therefore, the coefficient of the price elasticity of demand in absolute value will be high or larger for F than that of H.

6 0
3 years ago
Sourcing goods and services from different locations around the globe in an attempt to take advantage of national differences in
andreyandreev [35.5K]

Answer:

b. Production

Explanation:

Global Value Chains have been successful over the years due to most components being produced in the country where<em> it is cheaper to do so</em> and then the final output<em> is integrated in other country</em>.

Thus globalization of production has enabled <em>firms</em> to take advantage of national differences in the cost and quality of factors of production.

5 0
3 years ago
Other questions:
  • Agency relationships are normally consensual, coming about through voluntary consent and agreement between the parties. a. True
    7·1 answer
  • How to calculate WACC using the CAPM​
    7·1 answer
  • A car dealer wants to get rid of the stock of last year's model. Assume that the dealer knows from past experience that the pric
    9·2 answers
  • Suppose that the federal government places a binding price floor on chocolate. To help support the price floor, the government p
    10·1 answer
  • A stock is expected to pay a dividend of $0 50 at the end of the year (i.e., D1=$0.50), and it should continue to grow at a cons
    7·1 answer
  • Which of the following hitches are allowed
    8·1 answer
  • Yall anyone give me a mission statement to use please !!!!!
    6·1 answer
  • The project manager building a swimming pool and clubhouse at a retirement community is reviewing the chronological sequence of
    11·1 answer
  • The sales returns and sales allowances accounts are classified as
    9·1 answer
  • The Fashion Shoe Company operates a chain of women’s shoe shops that carry many styles of shoes that are all sold at the same pr
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!