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Rom4ik [11]
4 years ago
5

Delaney company is considering replacing equipment which originally cost $600,000 and which has $420,000 accumulated depreciatio

n to date. a new machine will cost $790,000 and the old equipment can be sold for $8,000. what is the sunk cost in this situation?
Business
1 answer:
Charra [1.4K]4 years ago
7 0
In this case, we have to deduct the original equipment cost with the accumulated depreciation to date.
$600,000 - $420,00 = $180,000

Purchasing a new machine would cost $790,000, which can be deducted with the remaining value of the old machine plus its value once sold. To do this, we have:
$790,000 - $180,000 - $8,000 = $602,000

The sunk cost in this case is $602,000.
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chloe receives her first paycheck for working as a pretzel vendor. to which of the arrows does this transaction directly contrib
Elan Coil [88]

The arrows show how Chloe's first earnings from her job as a pretzel vendor will directly benefit C and D.

The correct option is B.

<h3>What exactly is a business transaction?</h3>

An executed contract between a seller and a buyer to exchange goods, services, or financial assets in exchange for money is known as a transaction. The phrase is also frequently used in business accounting.

<h3>What does an accounting transaction mean?</h3>

Any financial business event that has an impact on a company's financial statements is referred to as a transaction in accounting. Numerous items arrear numerous items that are transactions because transactions include occurrence that has a monetary impact on one's financial records.

<h3>What sort of transaction is that?</h3>

These four types of financial transactions are:

A. sales

B. purchases,

C . receipts,

D. payments.

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Chloe receives her first paycheck for working as a pretzel vendor. To which of the arrows does this transaction directly contribute?

A. A only

B. C and D

C. C only

D. A and B

3 0
2 years ago
Here are some important figures from the budget of Crenshaw, Inc., for the second quarter of 2019:
STALIN [3.7K]

Answer:

Crenshaw, Inc.

Cash Budget for the months of April, May, and June:

                                                               April            May           June

Beginning cash balance                  $109,000   $325,000      $419,950

Cash receipts                                     140,700       122,850         153,650

Cash collections from credit sales   197,400        241,200        210,600

Total cash available                        $447,100     $689,050      $784,200

Cash disbursements:

Wages,  taxes, and expenses            79,700          75,200         103,900

Interest                                                9,400             9,400            9,400

Equipment purchases                      33,000             5,500         147,000

Purchases of goods                                               179,000         167,000

Total cash disbursements               122,100         269,100        427,300

Ending balance                            $325,000       $419,950     $356,900

Explanation:

a) Data and Calculations:

Budget for the second quarter of 2019:

                                             April           May             June

Credit sales                    $402,000    $351,000    $439,000

Credit purchases              179,000       167,000      200,000

Cash disbursements:

Wages,  taxes, ^ expenses 79,700        75,200       103,900

Interest                                 9,400          9,400           9,400

Equipment purchases       33,000          5,500       147,000

Predictions:

Uncollectibles                    20,100          17,550          21,950

Collections                       381,900       333,450        417,050

Total credit sales         $402,000      $351,000    $439,000

Cash Collections:

Month of sales 35%       140,700         122,850       153,650

Following month  60%  197,400         241,200       210,600

Total cash collections   338,100        364,050       364,250

4 0
3 years ago
Bear Publishing sells a nature guide. The following information was reported for a typical month: Total Per Unit Sales $ 17,600
avanturin [10]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Sales= $17,600 ($16.00 selling price per unit)

Contribution margin 7,920

Fixed expenses 3,600

First, we need to calculate the unitary contribution margin:

Units sold= 17,600/16= 1,100 units

Unitary contribution margin= 7,920/1,100= $7.2

Now, using the following formulas, we can calculate the break-even point in units and dollars:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 3,600/7.2= 500 units

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 3,600/ (7.2/16)

Break-even point (dollars)=$8,000

7 0
3 years ago
The following amounts are reported in the ledger of Mariah Company: Assets $ 78,000 Liabilities 41,000 Retained Earnings 9,000 W
Serjik [45]

Answer:

47000

Explanation:

4 0
3 years ago
So, I’ve decided to leave Brainly. I had a great time helping people, so I hope you have a great day. :) use this time to miss m
liberstina [14]

Answer:

why now when people still need help alot of help

Explanation:

6 0
3 years ago
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