Answer:
The answer is: The cost of the land is $457,200
Explanation:
To determine the total cost of the land acquired by the Blossom Clinic, we must add the purchase price, unpaid property taxes and legal fees.
Cost of the land = $450,000 + $4,000 + $3,200 = $457,200
Land grading is not included since it is a type of land improvement.
This is something known as an acronym, it means that each letter means something. In this case the letters R.O.T.T.E.N means:
<span>Resource: cost and availability
Other goods' price
Taxes, subsidies and government regulation
Technology(productivity)
Expectations of the producer
Number of firms in the industry
</span>Hope this is good for you
Answer:
Company logo cost and the two year service contract
Explanation:
The capitalized cost of the asset includes those costs that is shown on the asset side of the balance sheet.
In the given scenario, the capitalized cost includes acquisition cost, sales cost, and the title transfer fee
But the cost that is not capitalized and is not reflected on the balance sheet is a company logo on the van and the two-year service contract
Answer:
a) $30, 000
Explanation:
<em>The Consumer price index is the weighted average of the cost of basket of good of goods and services consumed by a typical consumer in an economy. It is used to measure the rate of inflation rate.</em>
The salary in Wrexington in Charlieville dollars=
(CPI in Charlieville / CPI in Wrexington)× Wrexington Salary
= (90/150)× $50,000
=$30, 000
Answer:
The Required quarterly deposit is $42,196
Explanation:
The computation of the required quarterly deposit is shown below:
P for (now - 1)
= $500,000 (P/F, 1%, 12)
= $500,000 (0.8874)
= $443,700
A = Pnow-1 (A/P, 1%, 11)
= $443,700 (0.0951)
= $42,196
hence, The Required quarterly deposit is $42,196
The same is to be considered as it is relevant
