Reference no: EM132858321
Problem - On March 31, 2020, Capital Investment Advisers paid $4,640,000 for land with two buildings on it. The plan was to demolish Building 1 and build a new store (Building 3) in its place. Building 2 was to be used as a company office and was appraised at a value of $936,000. A lighted parking lot near Building 2 had improvements (Land Improvements 1) valued at $608,400. Without considering the buildings or improvements, the tract of land was estimated to have a value of $3,135,600. Capital incurred the following additional costs:
Cost to demolish Building 1 $724,160
Cost of additional landscaping 275,520
Cost to construct new building (Building 3) 3,246,400
Cost of new land improvements near Building 2 (Land Improvements 2) 256,000
Required -
1. Allocate the costs incurred by Capital to the appropriate columns and total each column.
2. Prepare a single journal entry dated March 31, 2020, to record all the incurred costs, assuming they were paid in cash on that date.
|
Explain level of measurement for the dependent variable
: Researchers wanted to test the effect of genetics on desire to consume caffeine. 120,000 people filled out a questionnaire in which they rated themselves
|
|
Determine the standard deviation of the distribution
: Showing details in the working, determine the standard deviation of the distribution obtained by combining the three.
|
|
Find the probability of the fifth luxury car sold
: According to infoplease, 19.1% of the luxury cars manufactured in 2003 were silver. A large car dealership typically sells 45 luxury cars a month.
|
|
Describe the overall characteristics of the histogram
: Describe the overall characteristics of the histogram
|
|
Prepare a single journal entry dated March
: Prepare a single journal entry dated March 31, 2020, to record all the incurred costs, assuming they were paid in cash on that date
|
|
Explain linear programming approach
: Please use a linear programming approach based on the following specifications:
|
|
Applicable probability distribution function
: If you agree with the Applicable Probability Distribution Function (PDF) shown, explain why it is appropriate. If you disagree, explain why you prefer
|
|
Drawing a student at random from the class
: One hundred students are writing the ?nal exam in Dr. Strangepork's course on statistics. The mean score on the ?nal exam is 54- with a standard deviation of 8.
|
|
James cook university in cairns
: Their methodology was similar to the other study. The researchers collected health survey data for more than 200,000 Australian adults, followed by comparison w
|