Until recently you worked as an accountant earning $30,000 annually. then you inherited a piece of commercial real estate bringing in $12,000 rent annually. you decided to leave your job and operate a video rental store in the office space you inherited. at the end of the first year, your books showed total revenues of $60,000 and total costs of $30,000 for video purchases, utilities, taxes, and supplies. what is the total cost of operating the video store?
a. $60,000
b. $42,000
c. $30,000
d. none of the above
Answers: 3
Another question on Business
Business, 22.06.2019 12:30
Acorporation a. can use different depreciation methods for tax and financial reporting purposes b. must use the straight - line depreciation method for tax purposes and double declining depreciation method financial reporting purposes c. must use different depreciation method for tax purposes, but strictly mandated depreciation methods for financial reporting purposes d. can use straight- line depreciation method for tax purposes and macrs depreciation method financial reporting purposes
Answers: 2
Business, 22.06.2019 14:00
Which of the following would not generally be a motive for a firm to hold inventories? a. to decouple or separate parts of the production process b. to provide a stock of goods that will provide a selection for customers c. to take advantage of quantity discounts d. to minimize holding costs e. all of the above are functions of inventory.
Answers: 1
Business, 22.06.2019 17:40
Take it all away has a cost of equity of 11.11 percent, a pretax cost of debt of 5.36 percent, and a tax rate of 40 percent. the company's capital structure consists of 67 percent debt on a book value basis, but debt is 33 percent of the company's value on a market value basis. what is the company's wacc
Answers: 2
Business, 22.06.2019 18:00
*will mark brainliest! * when a company spends resources (labor, money) to give customers "free" items, those costs are called a. investment costs b. economic costs c. scarcity costs d. opportunity costs answer asap!
Answers: 1
You know the right answer?
Until recently you worked as an accountant earning $30,000 annually. then you inherited a piece of c...
Questions
Mathematics, 19.10.2019 20:30
Mathematics, 19.10.2019 20:30
Geography, 19.10.2019 20:30
History, 19.10.2019 20:30
Social Studies, 19.10.2019 20:30
Biology, 19.10.2019 20:30
History, 19.10.2019 20:30
