Answer: $962000
Explanation:
From the information given, the amount
that McCoy’s Fish House should record as the cost of the land will be:
Purchase price = $900,000
Add: Title insurance = $2000
Add: Back property tax = $8000
Add: Cost incurred to remove building = $45000
Add: Cost incurred to level the land = $10000
Less: Savage value of materials = $3000
Cost of land = $962000
Therefore, the cost of land is $962000
Answer:
Sheridan Company
Income Statement
For the year ended December 31, 202x
Sales revenue $170,400
Cost of goods sold <u>($129,600)</u>
Gross profit $40,800
Period costs <u>($24,000)</u>
Operating income $16,800
cost of goods manufactured 2019 (or 2020, it is the same)= (20 x $4,500) + $18,000 = $108,000 / 20 = $5,400 per unit
COGS 2020 = 24 x $5,400 = $129,600
sales revenue = 24 x $7,100 = $170,400
Answer:
B, Necessities
Explanation:
Administrative management can be defined as the process of managing information between people in an organization.
One of the pioneering theorists of administrative management was Charles Clinton Spaulding. He was an African-American business leader as well as the head of an insurance company, Mutual life insurance company, the largest black business in the USA at the time.
He postulated 8 necessities of administrative management and they are
1. Cooperation and teamwork
2. Authority and responsibility
3. Division of labor
4. Adequate manpower
5. Adequate capital
6. Feasibility studies/analysis
7. Advertising budget
8. Conflict resolution
Cheers.
Answer:
the type of stores to open
Explanation:
Through GIS, Starbucks has been able to determine ideal locations for its new stores. Also, GIS has helped Starbucks understand the types of stores to open in terms of size, features, etc in those new locations to improve and maintain great customer satisfaction convenience of patronage.
Cheers.
<span>Goal = accumulate $700 in savings
</span><span>Saving = $30 a month
</span><span>
To solve:
Take the goal savings amount of $700 and divide the amount that is going into the savings monthly, $30 by it.
</span><span>$700/$30 = 23.33 months
</span><span>If sticking to a full month goal, it would take 24 months for the savings to be at $700.
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