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Darya [45]
3 years ago
10

The accounts used by a business can be kept on pages or cards, which are kept together in a book or file called a(n) ___________

___.
Business
1 answer:
mel-nik [20]3 years ago
8 0
The accounts used by a business can be kept on pages or cards, which are kept together in a book or file called .. Ledger.
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Innove Tech is a technological firm that wants to build a global service delivery system. It has consulted a larger firm, Ziff C
GarryVolchara [31]

Answer:

Acquisition cost.

Explanation:

When Innove Tech is obtaining the technology from Ziff Corp.they are incurring acquisition cost.

Acquisition cost is the cost incurred for obtaining a property or asset including shipping, installation, taxes, customer fees, and testing.

The total cost of acquisition is what will be recorded as the book value.

For example if a software is purchased for $200,000. Installation and training cost is $30,000, the book value recorded for the software will be $230,000.

4 0
3 years ago
Read 2 more answers
On May 3, 2020, Concord Company consigned 80 freezers, costing $540 each, to Remmers Company. The cost of shipping the freezers
NeX [460]

Answer:

a) $22,010

b) $3,780

c) $25,790

Explanation:

a) In calculating the value of inventory still left, the total value needs to be calculated first,

= (80 freezers * $540) + $820 ( transport fees)

= 43,200 + 820

= $44,020

40 out of 80 freezers have not been sold so,

= 40/80 * 44,020

= $22,010

b) In calculating the profit, subtract the expenses from the sales

Sales = 40 * 700

= $28,000

= 28,000 - Cost of refrigerators - commission of 6% of sales - advertising - installation

= 28,000 - 22,010 - (28,000*0.06) - 180 - 350

= $3,780

c) The amount remitted by the consignor will be,

= Sales - commission - advertising - installation

= 28,000 - (28,000 * 0.06) - 180 - 350

= $25,790

7 0
3 years ago
The decision of whether to rent or buy housing is a personal decision that is based on both your lifestyle and your finances. Wh
nordsb [41]

Answer:

Rent or Buy Housing and the U.S. Tax Code

The tax deductibility of the interest ___paid___ on a mortgage and the___costs__ incurred on your home create a tax shelter for the___taxpayer___ , which ___reduces___your taxable__income__ and tax liability.

The standard deduction for mortgage interest under the 2014 U.S. tax code is:

c. $6,300 for single individuals and $12,600 for married couples filing jointly

Explanation:

Currently, the IRS allows taxpayers to deduct home mortgage interest on the first $750,000 ($375,000 if they are married but filing separately) of their indebtedness.  However, higher limitations ($1 million) or ($500,000, if married but filing separately) apply if the taxpayers are deducting mortgage interests from their indebtedness incurred before December, 2017.

3 0
2 years ago
Jake’s Battery Company has two service departments, Maintenance and Personnel. Maintenance Department costs of $160,000 are allo
Inga [223]

Answer:

D. $96,000

Explanation:

We will allocate the cost on maintenance by first stablishing a rate per maintenence hour:

As this is direct method we aren''t doing an allocation to other service department we directly allocate against production department A and B

total hours:  480 + 320 = 800

160,000 total cost /800 hours = 200 per hour

Department B hours: 480

allocate to department B: 480 x 200 = 96,000

5 0
3 years ago
Suppose that you observe a market with four firms, each with about 25% market share. What does it suggest about the following at
emmasim [6.3K]

level of differentiation across the firm's offerings

Answer: Option C.

<u>Explanation:</u>

Differentiation are the differences that a firm might offer to his customers and clients. These differences make the firms different from each other which exist in the market.

More different and innovative practices that a firm has compared to the competitors, more successful it would be in the market and would have more customers attracted towards it because of the innovation and the differentiation.

8 0
3 years ago
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