The answer in the space provided is the buyback clause. The
buyback clause is a sort of contract that has provision in which the seller has
rights of having to purchase his or her own property with the use of rules or
conditions.
Answer:
The multiple choices missing from the question are:
a. $60,000.
b. $50,000.
c. $57,000.
d. $59,000.
Option D,$59000 is correct
Explanation:
The recorded cost of the equipment is made of purchase cost,the sales tax since it is not recoverable,shipping cost as well as the installation cost.
The recorded cost is computed thus:
Purchase price $50,000
sales tax $4,000
shipping $3,000
installation $2,000
total cost $59,000
The rationale for including shipping and installation costs is that asset cost should include cost of bringing the asset to current location(shipping) and condition(installation)
Answer:
D. You shop around and buy a pair of the exact same designer jeans at a thrift shop, and they cost virtually nothing.
Explanation:
Good money burn refers to the effective use of money, rather than just spending it on some useless stuff.
Here in the given instance the following is the explanation for the given instance:
Option A states that the jeans is just bought for completing the desire, it does not have any difference in the product even if the product can be bought on sale after some days.
Option B is still better than the first day.
Further in option c buying the jeans without any label might not be a good decision as it might have poor quality.
Option D is the best as it is the same jeans but at the least possible cost.
Answer:
$440,000
Explanation:
Sassy Company budgeted operating income
Operating income will be :
(20-12) $80,000 - $200,000
=8×$80,000-$200,000
=$640,000-$200,000
=$440,000
Therefore the budgeted operating income at a level of 80,000 widgets per month will be $440,000
