Land Is Purchased for $256,000

question 65

Multiple Choice

Land is purchased for $256,000.Additional costs include a $15,300 fee to a broker,a survey fee of $2,400,$1,750 to construct a fence,and a legal fee of $8,500.What is the cost of the land?

• A)$256,000
• B)$271,300
• C)$283,950
• D)$282,200

---

Definitions:

Absorb Nutrients

The process by which organisms take up and assimilate nutrients from food into their body for growth, energy, and maintenance.

Planning Horizon

A Planning Horizon is the future time period over which forecasts, plans, or projections are made, affecting decision-making processes in business or personal contexts.

Aggregate Planning

A marketing activity that aims to balance supply and demand in the long-term, integrating major functions like sales, manufacturing, and finance.

Years

Units of time equal to 365 days (or 366 days in a leap year), used as a measure of time passing.