Answer:
$91,580
Explanation:
The cost of an asset includes all cos incurred in making the asset available for use. These includes the cost of the item net all discounts, sales tax, freight cost etc.
As long as the cost is necessary for the asset to be available for use, such cost will be capitalized with the cost of the item of asset. Other cost such as maintenance, insurance costs are expensed and not considered as a part of the cost of the asset.
Cost of Land
= $77000 +$500 + $1600 - $170 + $1150 + $11000 + $500
= $91,580
Answer:
takeoff
Explanation:
Takeoff is a stage marked by rapid economic growth based upon a few key economic industries or sectors, such as steel, railroads, textiles, and food production. Drive to maturity is a stage where the economy continues to grow and to diversify from the handful of industries that drove growth in the previous stage.
Answer:
The city's net investment in capital assets is $30,000
Explanation:
To calculate the city's net investment in capital assets we start with the total amount of capital assets:
Capital assets $800,000
minus accumulated depreciation ($120,000)
<u>minus outstanding bonds ($650,000) </u>
net capital assets $30,000
The moisture content of cocoa liquor is closest to the cocoa bean itself. From which it is produced. Contains both cocoa solids and butter equally.The used oc moisture analyzer is to confirm moisture content rather than control it.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
A concrete and rock crusher for demolition work has been purchased for $50,000, and it has an estimated SV of $10,000 at the end of its five-year life.
Annual depreciation= [(original cost - salvage value)/useful life of production in units]*units produced
Book value= Original cost - accumulated depreciation
