1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Free_Kalibri [48]
3 years ago
6

When a business is considering whether to replace old equipment with newer equipment, the cost of operating the old equipment-co

mpared to the cost of operating the new equipment-is information relevant to the business decision.
a. True.
b. False.
Business
1 answer:
vekshin13 years ago
8 0

Yes its true statement

You might be interested in
The Stores and Service Fund of the City of Monroe had the following account balances as of January 1, 2017:
aleksklad [387]

Answer and Explanation:

The Journal entry is shown below:-

1. No Journal entry is required

2. Cash Dr, $27,000

          To Due from other funds $27,000

(Being the cash collected which is due from others is recorded)

3. Inventory of suppliers Dr, $307,000

            To Accounts payable $307,000

(Being purchase of supplies is recorded)

4. Advance from water utility fund Dr, $15,000

           To Cash $15,000

(Being repayment of advance of water utility fund is recorded)

5. Operating expenses Dr, $296,960

($250,560 + $46,400)

           To Inventory of supplies $296,960

(Being issue of supplied is recorded)

5. Due from other funds Dr, $371,200

($313,200 + $58,000)

            To Revenue charged for services and sales $371,200

(Being the charge of supplies is recorded)

6. Operating expenses of sale and services Dr, $49,400

($15,000 + $16,900 + $17,500)

Operating expenses of administrative Dr, $9,000

            To Accounts payable $58,400

(Being operating expenses is recorded)

7. Cash Dr, $350,000

($310,000 + $50,000)

          To Due from others $350,000

(Being cash received from general fund is recorded)

8. Accounts Dr,$365,000

          To Cash  $365,000

(Being the payment of accounts payable is recorded)

9. Operating expenses cost of depreciation Dr, $14,600

          To Accumulated Dep - Building $10,000

           To Accumulated Dep - Equipment $4,600

(Being depreciation expenses is recorded)

Revenue charged for sales and services Dr, $444,200

          To operating expenses cost of depreciation $14,600

          To operating expenses cost of administrative $9,000

          To operating expenses cost of sale and services $49,400

          To operating expenses cost of sale $371,200

(Being transfer the operating expenses is recorded)

5 0
3 years ago
What is the most important function of a leader within an organization?
Liula [17]

building a consensus

8 0
3 years ago
Read 2 more answers
A person who wants to cash his paycheck is advised to go to his bank rather than to a check cashing store because check cashing
Marianna [84]
<span>Often take a commission for their service. The commission could be a flat rate or a percentage of the check. Generally banks do not charge their customers to cash checks. A bank may charge a small fee to cash a check if the person is not their customer.</span>
3 0
3 years ago
Necesito un susario de la uanl de aspirante con admisión rechazada
max2010maxim [7]

Answer:

ta bueno pue

Explanation:

6 0
3 years ago
A second method for determining the forecasted cost at completion assumes that, regardless of the efficiency rate the project or
ElenaW [278]

Answer:

Answer is the FCAC is greater than the TBC.

Refer below.

Explanation:

A second method for determining the forecasted cost at completion assumes that, regardless of the efficiency rate the project or work package has experienced in the past, the work to be performed on the remaining portion of the project or work package will be done according to budget. If the cumulative actual cost is greater than the cumulative earned value, then: FCAC is greater than the TBC.

4 0
3 years ago
Other questions:
  • Ten years ago, Cary Company issued $1,500,000 of 7 percent, 10-year bonds at a price of 95. On the maturity date of January 2, a
    8·1 answer
  • A contingency reserve is money assigned to the project and allocated for identified risks for which contingent responses are dev
    6·1 answer
  • If total liabilities decreased by $26,185 during a period of time and owner's equity increased by $33,571 during the same period
    7·1 answer
  • A group of ten UIC professors each contributed an equal amount to the purchase of a State of Illinois Lottery ticket. Two of the
    13·1 answer
  • All of the following statements about GDP are false except Group of answer choices Higher GDP reflects more equal distribution i
    12·1 answer
  • In the company's accounting system all fixed expenses of the company are fully allocated to products. Further investigation has
    9·1 answer
  • The sales forecasting method that consists of making a product available to buyers in one or more locations and measuring purcha
    12·1 answer
  • The Pan American Bottling Co. is considering the purchase of a new machine that would increase the speed of bottling and save mo
    9·1 answer
  • Nancy and her daughter, Kathleen, have been working together in a cattery called "The Perfect Cat." Nancy formed the business se
    5·1 answer
  • Your gross income is 10,000 a month before taxes, and income taxes are estimated at a rate of 20%. In addition, your debt is $2,
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!