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3 years ago

The alcoholic beverages in a private club are:

Business

1 answer:

Hitman42 [59]3 years ago

5 0

Answer:

Sold to the members

Explanation:

A private club is patronized by its member only. Through membership, a person acquires the privilege to use the club's facilities. Members network and enlarge their business contacts.

Club members own the club. They get to enjoy meals and drinks at lower rates than regular restaurants. Alcoholic drinks are available at competitive rates. Members are required to pay for what they have consumed.

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Rodriguez Company pays $310,000 for real estate plus $16,430 in closing costs. The real estate consists of land appraised at $21

Sergeeva-Olga [200]

Answer:

Required 1.

Land = $163,215

Land improvements = $65,286

Buildings = $97,929

Required 2.

Land $163,215 (debit)

Land improvements $65,286 (credit)

Buildings $97,929 (credit)

Cash $310,000 (credit)

Explanation:

Allocation of the purchase cost must be made on the bases appraisal value.

Total Appraisal Value = $215,000 + $86,000 + $129,000

= $430,000

Land = $215,000 / $430,000 × $326,430

= $163,215

Land improvements = $86,000 / $430,000 × $326,430

= $65,286

Buildings = $129,000 / $430,000 × $326,430

= $97,929

6 0

3 years ago

What is the meaning of statistics??

Nookie1986 [14]

Explanation:

1 : a branch of mathematics dealing with the collection, analysis, interpretation, and presentation of masses of numerical data. 2 : a collection of quantitative data.

4 0

3 years ago

Read 2 more answers

The operations vice president of security home bank has been interested in investigating the efficiency of the bank’s operations

aliya0001 [1]

The costing study of bank operation goes thus:

<h3 /><h3>Opening accounts:</h3>

Distribution of Resource Amount Percentage Amount

Teller wages $160,000 x 5% = $8,000

Asst. branch manager salary $75,000 x 15% = $11,250

Branch manager salary $80,000 x 5% = $4,000

Total $23,250

Activity rate of opening accounts = Total cost of opening accounts / new accounts opened

Activity rate = $23,250 / 500 = $46.50 per new account

<h3>Processing deposits and withdrawals:</h3>

Distribution of Resource Amount Percentage Amount

Teller wages $160,000 x 65% = $104,000

Asst. branch manager salary $75,000 x 5% = $3,750

Branch manager salary $80,000 x 0% = $0

Total $107,750

Activity rate of opening accounts = Total cost of processing deposits and withdrawals / deposits and withdrawals processed

Activity rate = $107,750 / 100,000 = $1.08 per deposit and withdrawal processed

<h3> Processing other customer transactions:</h3>

Distribution of Resource Amount Percentage Amount

Teller wages $160,000 x 20% = $32,000

Asst. branch manager salary $75,000 x 30% = $22,500

Branch manager salary $80,000 x 10% = $8,000

Total $62,500

Activity rate of opening accounts = Total cost of processing other customer transactions / other customer transactions processed

Activity rate = $62,500 / 5,000 = $12.50 per other customer transactions processed

learn more about costing of bank operation from here: brainly.com/question/988393

4 0

2 years ago

. Boeing is incorporated in Seattle, Washington. It has a large facility in Huntsville, Alabama, and is considered a(n) ____ in

umka2103 [35]

Answer:

The answer is: c

Explanation:

A domestic corporation is a company that conducts business in the state or country where the company was incorporated. A foreign corporation is a company that conducts business in a state or country other than the state or country where the company was incorporated. An alien corporation is a company that conducts business in any other country other than the country where the company was incorporated. Boeing was incorporated in Seattle, Washington but conducts business in Alabama which is a different state. In Alabama, Boeing is a foreign corporation but in Washington, it is a domestic corporation.

5 0

3 years ago

On January 1, 2021, Anne Teak Furniture issued $100,000 of 10% bonds, dated January 1. Interest is payable semiannually on June

zysi [14]

Answer: $86,235

Explanation:

Use Excel or a financial calculator to calculate the bond price.

As the interest is payable semiannually, the relevant variables are:

Coupon = 10% * 100,000 * 1/2 years = $5,000

Yield = 12% / 2 = 6%

Number of periods = 15 years * 2 = 30 semi annual periods

Bond price = $86,235

6 0

2 years ago