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Allisa [31]
3 years ago
9

A company purchased property for $100,000. The property included a building, a parking lot, and land. The building was appraised

at $57,000; the land at $49,000, and the parking lot at $19,000. Land should be recorded in the accounting records with an allocated cost of:
Business
1 answer:
Alenkinab [10]3 years ago
5 0

Answer:

the  land recorded with an allocated cost is $39,200

Explanation:

The computation of the land recorded with an allocated cost is

Total appraised value is

= $57,000 + $49,000 + $19,000

= $125,000

Now for land, the allocated value is

= $100,000 × 49000 ÷ 125000

= $39,200

Hence, the  land recorded with an allocated cost is $39,200

The same is to be considered by doing above calculations

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Brad will graduate next year. When he begins working, he plans to deposit $6000 at the end of each year into a retirement accoun
Dovator [93]

Answer:

$92,8571.7937

Explanation:

The computation of the amount after 40 deposits is shown below:

= (((1 + interest rate)^number of years - 1) ÷ interest rate)× principal

= (((1 + 0.06)^40-1) ÷ 0.06) × $6,000

= $92,8571.7937

We simply applied the above formula and the same is to be considered

We considered all the things given in the question

8 0
4 years ago
If the government wants to expand aggregate demand, it can ________ government purchases or ________ taxes.
Jobisdone [24]

If the government wants to expand aggregate demand, it can "rebate" government purchases or "cut" taxes.

<h3>What is aggregate demand?</h3>

The total quantity of demand for all finished products and services generated in an economy is measured as aggregate demand.

Some characteristics of aggregate demand are-

  • The total amount of money spent on those goods and services at a particular price level and time is known as aggregate demand.
  • The correlation between output and all prices can be seen on an aggregate demand curve.
  • In the end, the aggregate demand curve slopes downward because it predicts a fall in real gross domestic product (GDP) as prices rise.
  • Consumer spending, investment spending, government spending, and the difference between exports and imports are all added together to determine aggregate demand.
  • When one of these variables changes but the overall supply stays unchanged, aggregate demand will alter.

To know more about the aggregate demand and aggregate supply model, here

brainly.com/question/16952735

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3 0
2 years ago
A ___________ loan is one that is backed up by something of value.
zlopas [31]

Answer:

secure

Explanation:

A secure loan is backed by collateral or assets of value

7 0
4 years ago
Read 2 more answers
A tenant occupying 20,000 square feet in your building has two years remaining on their lease. You have a good relationship with
user100 [1]

Answer: $315000

Explanation:

From the information given in the question, the gross rental income that one will expect to receive for this space in the year after the lease expires goes thus:

= [(75% x 15) + (25% x 18)] x 20,000

= [(0.75 × 15) + (0.25 × 18)] × 20000

= (11.25 + 4.5) × 20000

= 15.75 × 20000

= 315,000

Therefore, the gross rental income is $315000

4 0
3 years ago
Zack, Gavin and Breana were college friends who decided to go into business together as a party equipment rental service. The th
damaskus [11]

Answer:

im not sure what the answer wold be but you woulkd if you actually did your own work but its b

Explanation:

8 0
3 years ago
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