Answer: $972,900
Explanation:
The cost of land consists of the actual purchase price, and all other expenses that are necessary to make the asset ready for its intended use. In terms of land, all these expenditures can include title fees, unpaid taxes from previous years only (i.e. not current taxes), and other expenses need to physically prepare the land for use. The current taxes figure of $4,600 is not included here, as it is only owed during the current year, therefore normal accounting rules for taxes will apply. This figure will thus be treated as a liability until it is paid. The back taxes were aqcuired when the asset was aqcuired, and thus form part of the cost.
Old buildings that were on the land, may need to be teared down so that land can be utilised. The costs used to demolish the building also forms part of the purchase price. On top of that, to fully prepare the land for use the land may need to be landscaped and leveled. All these costs contribute towards getting the land ready for use, and are thus included in the cost. Sales made on any item related to the land, during the process when the land was still being processed for its intended use, will reduce the cost of the asset, and deduct this figure. This figure will fall under sales, which is an income to the business. The full calculation of the cost is as follows:
Purchase price: $910,000
Title insurance: + $2,400
Unpaid property taxes: + $8,300
Cost of removing building: + $45,900
Sale of salvaged materials: - $4,000
Level the land: + $10,300
Cost of land: = $972,900
Answer:
D. Questioning is a good way for the leader to stay in command.
Explanation:
It is known in new management jobs to panic because some would say or be open enough to feel apprehension or at worse to feel perceived as a fraud as skills are not advanced in new management jobs to full fill the criteria for a specialist role. When questioning, the process of learning by asking questions and listening. The more a manager listened, the better his or her questions became and the more they had learned. Questions also helped managers clarify their own thinking on projects, workflow, and strategies for their new unit.
How well do you ask questions? From some managers experience, most managers and leaders don't think about this issue very often. The "ability to ask questions" doesn't usually show up on any list of managerial competencies or job description requirements. However, asking questions effectively is a major component of any manager or leader's job, and asking good questions often distinguishes outstanding leaders and managers from average ones (or worse, poor ones).
Answer:
$818,935
Explanation:
Percentage of-revenue method:
$4,000,000
($4,000,000 + 6,500,000) = $10,500,000
Hence;
$4,000,000/$10,500,000
= 38.09 %
Amortization = 38.09% ×$2,150,000
= $818,935
Therefore the amortization of the software development costs would be $818,935
Answer:
i guess you can but don't post any valid information which might expose credit cards or so forth
