subject
Business, 10.12.2019 20:31 kekeb32

Phoenix agency leases office space for $6,300 per month. on january 3, phoenix incurs $94,400 to improve the leased office space. these improvements are expected to yield benefits for 10 years. phoenix has 8 years remaining on its lease. compute the amount of expense that should be recorded the first year related to the improvements.

a. $18,100
b. $15,740
c. $11,800
d. $6,300
e. $9,440

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 05:00
What is a sort of auction for stocks in which traders verbally submit their offers?
Answers: 3
question
Business, 22.06.2019 12:30
On june 1, 2017, blossom company was started with an initial investment in the company of $22,360 cash. here are the assets, liabilities, and common stock of the company at june 30, 2017, and the revenues and expenses for the month of june, its first month of operations: cash $4,960 notes payable $12,720 accounts receivable 4,340 accounts payable 840 service revenue 7,860 supplies expense 1,100 supplies 2,300 maintenance and repairs expense 700 advertising expense 400 utilities expense 200 equipment 26,360 salaries and wages expense 1,760 common stock 22,360 in june, the company issued no additional stock but paid dividends of $1,660. prepare an income statement for the month of june.
Answers: 3
question
Business, 22.06.2019 19:30
Nextdoor is an instant messaging application for smartphones. new smartphone users find it easier to connect with friends and relatives through this mobile app when compared to other similar instant messaging applications. hence, it has the largest user base in the industry. thus, nextdoor app's value has increased primarily due to itsa. learning curve effects. b. economies of scale. c. economies of scope. d. network effects.
Answers: 2
question
Business, 22.06.2019 23:00
Sailcloth & more currently produces boat sails and is considering expanding its operations to include awnings for homes and travel trailers. the company owns land beside its current manufacturing facility that could be used for the expansion. the company bought this land 5 years ago at a cost of $319,000. at the time of purchase, the company paid $24,000 to level out the land so it would be suitable for future use. today, the land is valued at $295,000. the company has some unused equipment that it currently owns valued at $38,000. this equipment could be used for producing awnings if $12,000 is spent for equipment modifications. other equipment costing $490,000 will also be required. what is the amount of the initial cash flow for this expansion project?
Answers: 2
You know the right answer?
Phoenix agency leases office space for $6,300 per month. on january 3, phoenix incurs $94,400 to imp...
Questions
question
Mathematics, 15.01.2021 03:50
question
Social Studies, 15.01.2021 03:50
question
Mathematics, 15.01.2021 03:50
Questions on the website: 13722367