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oksian1 [2.3K]
3 years ago
10

Express as a fraction in its lowest form

Mathematics
1 answer:
tankabanditka [31]3 years ago
4 0

Answer:

3 71/99.

Step-by-step explanation:

0.71.. * 100 =  71.71..

0,71.. * 1    =    00.71..      Subtract:

0.71 * 99 =      71

So 3.71..  = 3 71/99.

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Determining Cost of Land
irakobra [83]

The complete question is:

On-Time Delivery Company acquired an adjacent lot to construct a new warehouse, paying $90,000 in cash and giving a short-term note for $50,000. Legal fees paid were $1,750, delinquent taxes assumed were $25,000, and fees paid to remove an old building from the land were $9,000. Materials salvaged from the demolition of the building were sold for $1,000. A contractor was paid $415,000 to construct a new warehouse. Determine the cost of the land to be reported on the balance sheet.

The cost of land to be reported exists at $174,750.

<h3>How to determine the cost of the land to be reported on the balance sheet?</h3>

The cost of land noted in the balance sheet does not only contain the price spent to gain the land but also includes any costs/revenue obtained in the procedures, and activities required to obtain the land to the setting in which it may be prepared for use.

Therefore, except for the price paid which exists at $140,000 ( $90,000 cash and $50,000 short-term note), we have to count up all the applicable expenses including Legal fees, delinquent taxes, Disposal of old building expenditures and remove the material salvaged profit from the destruction of the old building. The construction cost of the new warehouse exists extraneous here as, without this cost, the land exists already in a ready-to-use stage ( i.e: for building a new property on the land)

So, the amount of Cost of land to be reported exists

140K + 1,75K + 25K + 9K - 1K = $174,750.

To learn more about balance sheet refer to:

brainly.com/question/1113933

#SPJ9

8 0
1 year ago
The value of a new truck decreases exponentially at a rate of 4.8% per year. If the purchase price of the new cars $42,000, how
Usimov [2.4K]

The worth of the car after it is paid off 5 years later given the rate of exponential depreciation is $32,842.34.

<h3>What is the worth of the car?</h3>

When the car declines in value, it means that the car is depreciating. The formula that can be used to determine the value of the car with the depreciationn rate is:

FV = P (1 - r)^n

  • FV = Future value
  • P = Present value
  • R = rate of decline
  • N = number of years

$42,000 x (1 - 0.048)^5 = $32,842.34

To learn more about future value, please check: brainly.com/question/18760477

7 0
2 years ago
Pls Help: I need help
Anna11 [10]

Answer: C

Step-by-step explanation: 0.571 is greater than 0.4. Therefore, 4/7 is greater than 2/5 and the answer to the question "Is 4/7 greater than 2/5?" is yes. Note: When comparing fractions such as 4/7 and 2/5, you could also convert the fractions (if necessary) so they have the same denominator and then compare which numerator is larger.

3 0
3 years ago
A cone is inscribed in a right square pyramid. What is the remaining volume if the
diamong [38]

Answer:

3tgfjhihvyuvyuhihhibib

4 0
2 years ago
One year the price of wheat was $8.87 the next year the price was $9.60 route is the price per bushel of wheat for each year to
Nostrana [21]
  • <em>I think you mean this right Both are $10.00</em>
8 0
3 years ago
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