1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
shtirl [24]
3 years ago
8

​McArthur, Inc. plans to develop a shopping center. In the first​ quarter, the following amounts were​ spent: Acquisition of lan

d ​$19,000 Surveys and legal fees 900 Land clearing ​1,100 Fencing ​2,000 Install lighting and signage ​14,060 What amount should be recorded as the land improvements​ cost?
Business
1 answer:
Gnesinka [82]3 years ago
8 0

Answer:

The $16,060 should be recorded as the land improvements​ cost

Explanation:

For computing the land improvements cost, we considered the following cost which is shown below:

1. Fencing cost

2. Install lighting and signage cost

So, the land improvement cost would be equal to

= Fencing cost + Install lighting and signage cost

= 2,000 + $14,060

= $16,060

The acquisition of land, survey legal fees, land clearing is not part of land improvements. So, it is not considered.

Hence, the $16,060 should be recorded as the land improvements​ cost

You might be interested in
Công ty ABC với ngành nghề hoạt động sản xuất, kinh doanh sữa và các sản phẩm từ sữa cũng như thiết bị máy móc liên quan tại Việ
Igoryamba

Answer:

Ai tl câu hỏi này giùm e vớiqaj

Explanation:

8 0
3 years ago
You are considering investing in a project with the following possible outcomes: Probability of Investment States Occurrence Ret
frutty [35]

Answer:

SD = 0.0740270 or 7.40270 percent rounded off to 7.403 percent

Explanation:

To calculate the standard deviation of the investment, we must first calculate the expected or mean return of the investment. The expected or mean return can be calculated as follows,

r = pA * rA  +  pB * rB  +  ...  +  pN * rN

Where,

  • pA, pB, ... represents the probability of state occurrence
  • rA, rB, ... represents return A, return B and so on  under each state

r = 0.2 * 0.16  +  0.4 * 0.12  +  0.2 * 0.05  +  0.2 * -0.05

r = 0.08 or 8%

The formula to calculate the standard deviation of a stock/investment is as follows,

SD = √pA * (rA - r)²  +  pB * (rB - r)²  +  ...  +  pN * (rN - r)²

SD = √0.2 * (0.16 - 0.08)²  +  0.4 * (0.12 - 0.08)²  +  0.2 * (0.05 - 0.08)²  +  0.2 * (-0.05 - 0.08)²

SD = 0.0740270 or 7.40270 percent rounded off to 7.403 percent

4 0
3 years ago
Which of the following describe the reason(s) why maximization of intrinsic stock value benefits society?
Dafna1 [17]

Answer:

B. Workers prefer companies that minimize operating costs.

C. The owners of stock are society.

D. Successful companies attract more talent.

Explanation:

The intrinsic stock value does not need to reflect the market value of the company stock. However, the intrinsic stock reflects the company's lucrative aspect, something more intuitive that describes the company's operating. Therefore, a high intrinsic stock value reflects a company with great reputation.

A company with high intrinsic stock will surely attract more talent, as the talent pool is motivated by working in a reputable, efficient company. This kind of company is surely cost-effective in terms of operation too.

7 0
3 years ago
Why is business plan necessary?​
Agata [3.3K]

Answer:

Business plan necessary because:

•It make you aware of your strength or weakness.

•It also creates an effective strategy for growth.

•It helps to determine your future financial needs.

•It also helps to gain a deep understanding of your market.

7 0
2 years ago
Which of the following statements concerning internal controls is true? Multiple Choice Strong internal controls cannot be circu
GrogVix [38]

The True statement about internal controls is <em>B.  A system of internal controls is designed to prevent or detect errors and fraud.</em>

  • Internal Controls are the techniques that an entity institutes to ensure the integrity of financial and accounting information, promote accountability of its employees, and prevent fraudulent activities.

  • Strong internal controls can still be circumvented.  Internal controls are not limited to company policies and procedures against fraud. The employment of a husband and wife or close relations in the same company is not prohibited by control procedures or separation of duties.

Thus, the true statement about internal controls is B.

Read more: brainly.com/question/17056417

3 0
2 years ago
Other questions:
  • Why is good customer service particularly important in the Internet age?
    15·1 answer
  • In commercial filmmaking, who is considered the "author" of a film?
    12·1 answer
  • Use the following items to prepare a balance sheet and a cash flow statement.
    13·1 answer
  • An egoist who believed the right goals or actions are the ones that ensure survival
    5·1 answer
  • When compared to static budgets, flexible budgets: a.encourage managers to use less fixed cost items and more variable cost item
    13·2 answers
  • Eastwood Enterprises offers horseback riding lessons. During the month of June, the company provides lessons on account totaling
    12·1 answer
  • Which statements are true? Check all that apply: C-corporations are subject to double taxation. LLCs are best for taking venture
    10·1 answer
  • After a fairly short plane ride from new york city, irving found himself on a dusty road with goats, chickens, and motor scooter
    5·1 answer
  • Conduct a basic SWOT analysis of an organization or a department you belong to using this SWOT Analysis Worksheet. Once complete
    10·1 answer
  • 3. Some new niche markets include eco-friendly travel, people who travel with pets and
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!