Answer:
Cost of land= 564,500
Explanation:
Cost of land = Purchase price - Salvage + Demolition cost + Land preparation
= 540,000 - 22,000 + 39,000 + 7,500
= 564,500
Answer:
Revenue for Smart Suiting is $521,306.
Explanation:
Revenue is the business operational source of finance. IFRS has made standards for revenue recognition which need to be followed by all organizations. The revenue should be calculated after deducting trade and cash discounts. If there is any sales return it should be deducted from the gross revenue figure. Net revenue should be reported in the Income Statement.
I think you are asking about the productivity comparison of two years
productivity will be more if rate of output is higher
For first year rate of output is 12/4=3 fish per hour
For second year rate of output is 15/6=2.5 fish per hour
So we can see that Jim was more productive in first year as compared to second year
As either? did you finish it?
I did some research and found out it is the law of increasing costs
:)
