A business purchases a new building for $250,000, and also spends $20,000 on renovations. What is the total capital expenditure?
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Capital Expenditure?
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- A business purchases a new building for $250,000, and also spends $20,000 on renovations. What is the total capital expenditure?Some of the following items should be treated as capital and some as revenue. Carriage paid to bring the purchased machinery to the works. Complete redecoration of the premises at a cost of Kshs.150,000. A quarterly account for heating. The purchase of a soft drinks vending machine for the canteen with a stock of soft drinks. Wages paid by a building contractor to his own workmen for the erection of an office in the builder's stockyard. Required: For each item, give an appropriate classification. Give justification for each classification.general accounting is
- Look at the following outlays and identify whether each is normally considered a capital expenditure or an operating expenditure. An outlay of $4,000,000 for a major research and development program An outlay of $3,200 for computer paper and toner. An outlay of $4,000 for a marketing report on possible sales next month. An outlay of $1,750,000 to purchase copyrights from an authorAll of the following are capital investment decisions except: A. paying $600,000 to renovate a restaurant.B. acquiring $100,000 of common stock.C. purchasing equipment for $80,000. D. buying a $5,000,000 manufacturing plant.Indigo Architecture made the following cash expenditures during its first year in operations: 1. 2. 3. 4. 5. 6. 7. 8. 9. (a1) Cost of real estate purchased as a plant site (land and building) Accrued property taxes paid at the time of the purchase of the real estate Cost of demolishing building to make land suitable for construction of a new building Architect's fees on building plans Excavation costs for new building Cost of filling and grading the land Full payment to building contractor Cost of parking lots and driveways Property taxes paid for the current year on the land Your answer is partially correct. $133,900 3,300 10,600 14,700 26,900 2.300 752,600 32,800 8,200 Record the above transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.)
- The only capital investment required for a small project is investment in inventory. Profits this year were $11,000, and inventory increased from $4,500 to $6,000. What was the cash flow from the project? Total Cash flow is ________A company spends $20 million dollar for an office building. Over what period should the cost be written off? Choose the answer: A) When the $20 million ia expended in cash B) All in the first year C) Over the useful life of the building D) After $20 million in revenue is recognizedSuppose that you are contemplating an investment in an office building. Use the information provided below to answer the questions that follow: Type of Property: Leasable Space: Average Rent: Expected Annual Rent Growth: Vacancy and Collection Losses: Other Income: Office Building 300,000 $25 per square foot per year 1.5% per year 17.5% of Potential Gross Income $6.00 per square foot per year Expected Growth in Other Income: 2% per year Operating Expenses: Capital Expenditures: Selling Expenses: Going-Out Cap Rate: Expected Purchase Price: Loan Terms: Loan Amount: Interest Rate: 40% of Effective Gross Income 4% of Effective Gross Income 5% of Future Selling Price 8.0% $60 million Amortization Term: 75% of purchase price 4.75% per year with monthly payments and monthly compounding 30 years a. What is the net present value of the before-tax unlevered cash flows if you assume a five- year holding period and a before-tax discount rate of 7%? b. What is the internal rate of return of the…
- Distinguish between capital and revenue expenditure The following costs were also incurred by Napa Ltd during the financial year ended 30June 20X7: Interest on loan to purchase microcomputer. Cost of software for use with the microcomputer. Cost of customizing the software for use in Napa Ltd.'s business. Cost of paper used by the computer printer. Wages of computer operators. Cost of ribbons used by the computer printer. Cost of adding extra memory to the microcomputer. Cost of floppy disks used during the year. Costs of adding a manufacturer’s upgrade to the microcomputer equipment. Cost of adding air conditioning to the computer room. Required: Classify each of the above as capital expenditure or revenue expenditure.The value of your investment is divided into $30,000 for the land and $120,000 for the office space. Assume the salvage value of your investment is $40,000 at the end of seventh year. Using CCA=1%, compute the undepreciated capital cost of the office space for year four. a) Between $114,000 and $117,000 b) Between $120,000 and $123,000 c) Between $95,000 and $98,000 O d) Between $110,000 and $113,000 e) None of the answers are correct f) Between $92,000 and $95,000Please show all equations and work as needed. Make the correct answer clear. If possible, please type work so it can be copied. Thank you.
