Answer:
A$118,000 B.$333,000
Explanation
Land$100,000
Demolition20,000
Scrap value(5,000)
Title insurance1,000
Paving assessment2,000
Total land cost($118,000)
B. The cost of the building recorde
d by Reid
Archirectfees$25,000
Construction interest8,000
Building cost300,000
Total building cost. $333,000
Answer:
1) This question is about whether diversification is good or bad for a large corporation. Whether diversification can be considered good or bad depends on the corporation itself, there is no one answer fits all. In this case, Sony is divided into 12 segments or divisions and each of them generates their own cash flows and offers their own products or services.
High tech companies generally tend to diversify a lot because they need to continuously produce innovative products or improve their existing ones. E.g. Google got so large and diversified that it turned into Alphabet which owns more than 200 companies (most of them through acquisitions). Sony's largest revenue sources are gaming services, financial services and home entertainment.
When we think about Sony we probably think about consumer electronics, the Playstation or even movies, but in order to be profitable, Sony had to expand and diversify. Sony's revenues are shifting from consumer electronics to services (including financial, gaming, network, music and movies), so that means that their diversification model actually worked.
2) Sony's goal with Future Lab is to create customer value and new lifestyles, whether they are able to do so depends on how well they work it out. Future Labs is based on San Francisco, and it should serve as a place where innovative prototypes should be tested by real users. The goal is that Sony can learn from actual real life user experiences in order to improve their products and services. The real life customers and users that want to participate in Sony's program must pay a fee for doing so, but they can also experience prototypes before anyone else.
Answer:
$17,000
Explanation:
The computation of the amount of the depreciation expense using the straight-line method is shown below:
= (Purchase value of an equipment - estimate salvage value) ÷ (useful life)
= ($90,000 - $5,000) ÷ (5 years)
= ($85,000) ÷ (5 years)
= $17,000
All other information which is given is not relevant. Hence, ignored it
