Answer : The correct option is, (d) $13,110.00
Explanation : Given,
Price when company purchased equipment = $12000
Sales tax price = $600
Freight charges = $240
Damage charges = $420
Installation costs = $270
Now we have to determine the total cost of the equipment.
Total cost of the equipment = Purchased price + Sales tax price + Freight charges + Installation costs
Total cost of the equipment = $12000 + $600 + $240 + $270
Total cost of the equipment = $13110.00
Thus, the total cost of the equipment is, $13110.00
Answer:
it is very simple and easy to do it.
Explanation:
Companies that use average cost pricing just add markup that they consider reasonable to the average cost of a product, and you have the final selling price of the product.
A disadvantage of using average cost pricing is that t does not consider how costs change as your sales level changes. This method usually works best when the company is able to estimate its total sales ad then use that estimation to calculate the average cost price.
Answer:
$29,185.98
Explanation:
Compounding and discounting are the methods used to determine the relationship between present and future value.
Compounding is the method used to determine the future worth of an amount today while discounting is the method used to determine the present value of a future amount.
Both are related by
Fv = Pv(1 + r)^n
where Fv = future amount
Pv = present value
r = rate
n = time
Therefore,
35000 = Pv(1 +0.037)^5
Pv = 35000(1 +0.037)^-5
Pv = $29,185.98
You would have to deposit $29,185.98 to be able to make the down payment of $35,000 on a house in 2 years
Meeting with vendors is part of his job, and he should make plans to call them.
<h3>Who is a vendor ?</h3>
A vendor is a party in the supply chain that makes goods and services available to companies or consumers. He is an individual or company that sells goods or services to someone else in the economic production chain.
Here, Mike was employed by Jim due to his experience with vendors. What this means is that Mike should use his experience to negotiate with the vendors on behalf of the company.
Therefore, Mike should respond that meeting with vendors is part of his job, and he should make plans to call them.
Learn more about vendor here : brainly.com/question/25946259
Answer:
Prices have gone down.
Explanation:
Technology allows the companies to produce more better quality computers for less money. The supply is going up and production costs are going down so the prices will also go down.