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andre [41]
2 years ago
12

Jordan Freight Company owns a truck that cost $41,000. Currently, the truck’s book value is $24,000, and its expected remaining

useful life is five years. Jordan has the opportunity to purchase for $30,600 a replacement truck that is extremely fuel efficient. Fuel cost for the old truck is expected to be $6,500 per year more than fuel cost for the new truck. The old truck is paid for but, in spite of being in good condition, can be sold for only $17,000. Required Calculate the total relevant costs. Should Jordan replace the old truck with the new fuel-efficient model, or should it continue to use the old truck until it wears out?
Business
1 answer:
kodGreya [7K]2 years ago
4 0

Jordan Freight Company owns a truck that cost $41,000. Reconstruction Currently, the truck’s book value Republican is $24,000, and its expected remaining useful life is five years. Jordan has the opportunity to purchase for $30,600.

Reconstruction failed by most other measures: Radical Republican legislation ultimately failed to protect former slaves from white persecution and failed to engender fundamental changes to the social fabric of the South. When President Republican B. federalism debate that had been an issue since the 1790s almost mediately . Hayes removed federal troops from the South in 1877, former Confederate officials and slave returned to With the support of a conservative Supreme Court, these newly empowered white southern politicians passed black codes, voter qualifications, and other anti-progressive legislation to reverse the rights that blacks had gained during Radical Reconstruction. The U.S. Supreme Court bolstered this anti-progressive movement federalism  with decisions in the Slaughterhouse Cases, the Civil Rights Cases, and United States v.

Learn more about Reconstruction on:
brainly.com/question/24761999

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4 0
4 years ago
If you borrow $1500 with a compounding interest rate of 8% for 2 years, that compounds semi-annually. How much will you pay back
mestny [16]

Answer:

1740

Explanation:

1500(1+\frac{8}{100})^2

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4 0
2 years ago
What is the primary goal of financial management for a sole proprietorship?
Evgesh-ka [11]

Answer: we will first add the options.

A. Maximize the market value of the equity.

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D. Decrease long-term debt to reduce the risk to the owner.

E. Minimize the reliance on fixed costs.

The correct option is A. Maximize the market value of the equity.

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What this means is that this form of business is very simple and restrictive with regards to equity financing. In other words, equity financing is usually limited to the amount of funds that the sole proprietor is willing to invest in the business.

This is where good financial management comes in, this is to ensure that the invested equity bears fruit, and achieves high market value in order to yield revenue.

Lack of proper management and the invested equity will be squandered.

6 0
3 years ago
National Park Tours Co. is a travel agency.
Xelga [282]

Answer: The answer is provided below

Explanation:

a. The unadjusted trial balance has been attached.

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4 years ago
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Naily [24]

Answer: Division of Labour

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Division of Labour helps to achieve a higher rate of productivity and efficiency.

By having the same person doing both jobs productivity and efficiency is low, because the workload increase on that individual which directly affects his performance on the job.

3 0
3 years ago
Read 2 more answers
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