Answer:
$306,835
Explanation:
Data provided
Legal fees paid = $2,435
Delinquent taxes = $15,100
Fees paid to remove old building = $19,400
Material salvage sold = $4,100
The computation of the cost of the land to be reported on the balance sheet is below:-
Amount paid to acquire adjacent lot = $27,000 + $247,000
= $274,000
Total cost of land = Amount paid to acquire adjacent lot + Legal fees paid + Fees paid to remove old building - Material salvage sold
= $274,000 + $2,435 + $15,100 + $19,400 - $4,100
= $306,835
A.)
The country's trend rate of growth over this period was 4.2% = (2+3+3+4+4% 1+5<span>% </span><span>2+6 +2+7+3+8+4+9+6+10+3/18)
b.)6-9 due to positive and increase.</span>
Answer:
The statement is: False.
Explanation:
Many people have the wrong idea that writing long paragraphs is better to provide a more professional look to a study or report. However, in business especially, the optimal rule to follow is to be short and concise. Managers need information that will help them make decisions. Thus, the data provided must give clear conclusions from where the decisions can be taken. Wordy reports seem unuseful for that purpose.
Answer: $450
Explanation:
Total tickets purchased = 2
The cost of one ticket three months ago = $100
Current price of one ticket = $225
Total cost of two tickets = $225 × 2
= $450
The opportunity cost is the benefit that is foregone by selecting some other alternative. So, here two options are available that either attend the concert or resell the ticket at $450. Therefore, the opportunity cost of attending the concert is $450.
