Answer: $30,250
Explanation:
Purchase value | $25,000 |
Attorney's fee | $2,500 |
Brokers commission | $2,000 |
torn down cost | $1,000 |
Less: Scrap value | -$250 |
Total value | $30,250 |
SRC purchased a piece of land for $25,000. It paid tomay's fees of $2.500 and brokers'...
Question Completion Status: RE Cost of land Attorney's fee, land acquisition Architect's fee, building design Accrued Taxes on Land 300,000 15,000 35,000 2.500 975,000 Construction cost of Building Annual Salary of staff who supervised the construction of the building for six months 80,000 Interest charges on loan for building paid during construction 5.500 ewalk Closing costs on purchase of land (Title Insurance, Title search) Construction of Parking lot and sidewalk Interest paid after completion of building construction Cost of Electrical...
Ch 1 1. Given the following dat Dec 31 Year 2 Dec 31 Year 1 Total liabilities S128,250 $120,000 Total stockholders oquity 95.000 80.000 compute the ratio of liabilities to stockholders' equity for each year Round to two decimal places 1.50 and 107, 11.35 and 1.50 respectively respectively 1.07 and 1.19. 1.1.19 and 1.35 respectively respectively The liabilities and stockholder's equity of a company are $132,000 and $244.000, respectively. Assets should equal SS188.00 $132.00 p $376,00 12.000 A financial statement...