Answer: D. Both thought processes are linear
Explanation: I think I'm not too certain.
Answer and Explanation:
The Statement showing the amount and the timing of all the cash Flow of Burger is shown below:-
Year Particulars Amount
0 Cost of new machine ($176,300)
0 Additional installation cost of new machine ($3,275)
0 Sales of old machine $13,150
1-3 Savings in overhaul cost of old machine $11,550
1-10 Saving in variable cost $25,800
(258,000 × ($11.90 - $11.80)
10 Salvage value of new machine $3,730
Answer:
The journal entry for the issuance of the stock is shown below:
Explanation:
Land A/c....................................................................................Dr $236,000
Building A/c...............................................................................Dr $378,000
Common Stock A/c..................................................................................Cr $192,000
Paid in Capital in excess of par value of Common stock A/c.......Cr $422,000
Working Note:
Common Stock = Number of shares × Rate per share
= 24,000 × $8
= $192,000
Paid in Capital in excess of par value of Common stock = (Land + Building) - Common Stock
= ($236,000 + $378,000) - $192,000
= $614,000 - $192,000
=$422,000
Answer:
Prices of standard goods in developing country is generally lower than prices of goods in developed countries.
Explanation:
