Answer:
C. $25,960
Explanation:
Cost of asset includes all the cost involved to acquire and install the asset. In simple term all the costs that are necessary to make the asset usable are capitalised and added to the cost of the asset.
In this question stamping machine has following cost which need to be capitalised.
Discounted Price = $24,000 x ( 100% - 3% ) = $24,000 x 97% = $23,280
Transportation cost = $550
Sales Tax = $1,680
Installation cost = $450
Total cost to be capitalized = $23,280 + $550 + $1,680 + $450 = $25,960
Routine Maintenance cost is the routine / period cost which incur every month, It is not necessary to make the asset usable and it is incurred after the asset is used.
Answer:
A budget deficit
Explanation:
A budget deficit arises when the governments spend more than it has collected. The government 's main source of revenue is taxes and levies it imposes on businesses and individuals. Its expenses include salaries for public employees, social welfare, and expenditures on public goods and infrastructure development projects.
A budget deficit contrasts a budget surplus, which occurs when a government intends to spend less than it has collected. Budget deficits result in government borrowing from either the domestic or foreign markets. A balanced budget is when the collected revenues match the planned expenditures.
<span>Channel management is defined as the type of management that is used in a situation where a company develops various marketing techniques and strategies in order to reach the widest possible customer base. The channels are the means used to market the product. Unethical activity usually caused by channel management is UNFAIR DISCRIMINATION. </span>
Answer:
7 packets of sweet-pepper seeds and 9 packet of hot-pepper seeds.
Explanation:
Let x packets of sweet-pepper seeds for $2.16 each and y packets of hot-pepper seeds for $4.24 each are mixed to obtain 16-packet mixed pepper assortment for $3.33 per packet,
i.e. x + y = 16 ..........(1)
Also,
The price of sweet-pepper seeds + price of hot pepper seeds = price of the mixture
⇒ 2.16x + 4.24y = 3.33(x+y)
⇒ 2.16x + 4.24y = 3.33x+3.33y
⇒ 2.16x + 4.24y - 3.33x-3.33y = 0
⇒ −1.17x +0.91y = 0 ........(2)
Equation (2) + 1.17 × equation (1)
0.91y + 1.17y = 18.72
2.08y = 18.72
⇒ y = 9
From equation (1),
x + 9 = 16 ⇒ x = 16 - 9 ⇒ x = 7
Hence, there are 7 packets of sweet-pepper seeds and 9 packet of hot-pepper seeds.
Answer:
A: $127.2
B: $123.384, $3.816 per share and $3,816 per contract
C: 9.43%
Explanation:
A: Futures price
F° = S° (1 + rₙ) = $120 x 1.06
= $127.20
B: Change in Future Price and Investor Margin account:
New Spot = $120 (1 – 0.03)
= $120 x 0.97
= $116.40
New Futures = $116.40 (1.06)
= $123.384
The long investor loses = $127.20 - $123.384
= $3.816 per share
or $3.816 (1,000) = $3,816 per contract
C: Percentage return on the investor’s position:
Percentage return = $12,000 / $127,200
= 9.43%
