Answer:
$124,000
Explanation:
The computation of ending balance in the land account is shown below:-
ending balance in the land account = Beginning balance of Land account + Total balance of land - Cost of land sold
= $90,000 + ($25,000 + $28,000 + $31,000) - $50,000
= $90,000 + $174,000 - $50,000
= $124,000
Therefore for computing the ending balance in the land account we simply applied the above formula.
Answer: $207.45
Explanation:
The latest date that Josephine should have filed her taxes by was April 15th 2019.
She instead waited till December 12, 2019.
9 partial and full months have passed since that time so her penalty will be for 9 months.
Penalty is 5% of the balance due:
= 461 * 5% * 9
= $207.45
Answer:
capital structure weight is = 0.349
Explanation:
Given data:
Number of share 10,700
per share price is $41
number of share of stock is 240
per share price of preferred stock is $92
number of bonds 570
coupon rate is 6% paid semiannually
mutuarity life of bonds is 22 year
face value of bonds is $1000
selling price 104.5% per par
common stock 
Preferred stock 
Bonds 
Total amount = 438,700 + 222,080+595,650 = 1,256,430
capital structure weight is 
Answer: Partnership
A partnership is a from of business ownership who come together with mutual consent in order to manage the business and share its profits.
The terms and conditions of this agreement and the quantum of profit for each partner is clearly stated in a document called the partnership agreement.
All the partners who actively manage the business and share the profits are called General Partners. The general partners are jointly and severally liable for the debts incurred by the partnership.
Answer:
C
Explanation:
Since it is a deal on luxury cars, it is expected that the amount of money that will be allocated to start it by Tiyona motors would be high. Also, before Tiyona motors decided it would be running this kind of investment, there had been other players in the game. As a green horn in the luxury car business, it is expected that there would be a huge competition from pre-existing companies who have been in the game before Tiyona motors.
The above explanation is the reason why option C is the correct answer
