HELP!

On March 1, 2015, Landon Company acquired real estate on which it planned to construct a small office building. The company paid

Murljashka [212]

Answer:

The amount to be reported as the cost of the land is $101,000

Explanation:

Given information

Paid cash - $90,000

Cost of property $7,600

Salvaged materials - $1,700

Attorney's fee for work concerning the land purchase - $1,100

Real estate broker's fee - $4,000

Architect's fee - $7,800

Put in driveways and a parking lot - $14,000

For computing the amount of the cost of the land, the Architect's fee and Put in driveways and a parking lot is not considered as it is not related to the land expenses. The computation is shown below

= Cash amount + Cost of property - Salvaged materials + Attorney's fee + Real estate broker's fee

= $90,000 + $7,600 - $1,700 + $1,100 + $4,000

= $101,000

Thus, the amount to be reported as the cost of the land is $101,000

4 0

4 years ago

Smallville has a linear production possibility frontier in the production of good X and good Y. It can produce 6 of X per hour o

aliina [53]

Answer:

The maximum amount of good Y produced will be 960.

Explanation:

Smallville has a linear production possibility frontier in the production of good X and good Y.

It can produce 6 of X per hour or 8 of Y per hour.

It has 240 hours of labor and divides labor hours equally between the production of good X and good Y.

It means that both good X and good Y get 120 hours of labor each.

The amount of good Y produced in 120 hours

= $120\ \times\ 8$

= 960 units

6 0

3 years ago

Open-end mutual funds Group of answer choices All of these. calculate the NAV based on the total value of assets held divided by

lesya [120]

Answer:

calculate the NAV based on the total value of assets held divided by the number of fund shares outstanding and may experience fluctuations in the number of shares outstanding on a daily basis

Explanation:

In the Open-end mutual funds it does not limit the no of shares what they are offering, purchase and sold on demand. In the case when the investor buy the shares in the opne-end fund so in this the fund is issued and at the time when the shares are sold by someone so they would be bought back from the fund

It should be determined the NAV depend upon the total amount of assets divided by the number of fund oustanding shares and might be experience fluctations

8 0

3 years ago

erma4kov [3.2K]

Answer:

It will increase emigration in the short run, but in the long turn the tax effect will be translated to the club and companies as the players has leverage.

Explanation:

It is a complex question, we have to consider that elite players agents has leverage on the negotiation as the football club wants to keep them in the team. What end up happening is that players negociate a net ammount thus, they are indifferent to the tax-rate for their contract.

We should also consider there is income from advertizing and social media which has increased over the years. Here, the players will also negociate a net amount and company's will take the hit not the players.

I:E the player will want 10 millon net thus, the parties will sing a contract value that after all taxes leaves them with that amount.

<u>Also this make the effort to elude taxes more viable</u> as it happened with Messi and Cristiano Rolando among others.

7 0

3 years ago

You are analyzing a project with 5-year life. The project requires a capital investment of $10000 now, and it will generate unif

Bess [88]

Answer:

NPV= $13160

Explanation:

To calculate the present value you need to use the Net Present Value. The NPV is the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

The formula is:

n

t-1

where:

R t =Net cash inflow-outflows during a single period t

i=Discount rate of return that could be earned in alternative investments

t=Number of timer periods

In this exercise:

0= -13000

1= 6000

2= 6000

3=6000

4=6000

5=6000 + 3000 + 2500= 11500

NPV= -13000 + (6000/1.10^1) + (6000/1.10^2) + ... + (115000/1.10^5)

NPV= $13160

6 0

3 years ago