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
kiruha [24]
3 years ago
12

What type of activity is the purchase of equipment for cash?

Business
1 answer:
RSB [31]3 years ago
6 0
<span>Acquisition or Procurement is the means on how equipment is bought for businesses and the military. However for peoples own personal use, shopping is the more common everyday word.</span>
You might be interested in
Henry Company traded in an old delivery truck for a new one. The old truck had a cost of $78,000 and accumulated depreciation of
babymother [125]

Answer:

The new truck will enter the account with the invoice value.

new truck 122,000

ac dep old truck 44,000

loss on trade 22,000

Cash 110,000

Old Truck 78,000

Explanation:

Old truck 78,000

acc depreciation 44,000

net-book value 34,000

trade-in allowance 12,000

loss on trade 22,000

The new truck will enter the account with the invoice value.

6 0
2 years ago
ILL GIVE BRAINLIEST!! HELP ASAP!!
WARRIOR [948]

Answer: B

Explanation: I am pretty sure the answer is going to B, accounting is a profession that requires a lot of math

4 0
2 years ago
Ensuring that all the right people, equipment, and materials arrive on time is especially challenging when using which layout? M
Mila [183]

Answer: Fixed-position layouts

Explanation: Fixed-position layouts are employed to assemble large, bulky, or fragile products to safely and effectively transferred them to a particular site for completion. E.g Assembling of an airplane. furthermore, personnel, supplies, and equipment are brought to the location where the product will be assembled. In involves ensuring that all the right people, equipment, and materials arrive on time and this is a challenging tasks when using fixed-position layouts.

6 0
2 years ago
Cardinal Industries purchased a generator that cost $11,000. It has an estimated life of five years and a residual value of $1,0
atroni [7]

Answer:

Correct answer is letter D, $11,000 cost, five-year life and $1,000 salvage value

Explanation:

To compute depreciation expense of an asset using straight-line method of depreciation, the information we needed is 3,

1. cost of an asset

2. life of an asset (in year)

3. residual value (if available)

<em>* residual value of an asset is to be determined by the company, some asset don't have scrap value assigned.</em>

<em />

<em>FORMULA </em>

<em>The difference between the cost of an asset and the expected residual value over the number of years it is expected to be useful.</em>

<em>(cost of an asset - residual value ) / life of an asset</em>

6 0
3 years ago
If the Canadian dollar is strengthening, then:
Rainbow [258]

Answer:

The correct answer is (D) it has appreciated in terms of other currencies.

Explanation:

Currency appreciation is the increase in the value of a country's currency with respect to one or more foreign reference currencies, which normally occurs in a floating exchange system.

The reasons that can make a currency or currency appreciate are diverse and usually related to a high demand for it. For example, the consideration of a currency as a low risk of depreciation or a very high level of exports of a country (the demand for the currency to pay for exports will increase) are causes that give rise to the appreciation of a currency.

7 0
3 years ago
Other questions:
  • During 2019, half of the treasury stock was resold for $180,000; net income was $510,000; cash dividends declared were $1,320,00
    9·1 answer
  • A local tree farm is trying to decide which fertilizer to use to grow its trees. It can either buy the famous Greenwood Fertiliz
    6·1 answer
  • Ochre holds one ton of perishable fruit in storage for Produce Corporation. If Produce does not pay for the storage, under the d
    5·1 answer
  • The flow chart shows the order in which steps should be executed, and the diamond-shaped boxes indicate ______________. Select o
    12·1 answer
  • Michael Angelo's Pepperoni Mini Calzones are easy-to-prepare snacks, but the manufacturer believes customers are not buying the
    11·1 answer
  • 9. When Margot applies for a loan, she needs to demonstrate to the bank that she has capital. What could she show them to best d
    5·1 answer
  • What is the residual income(loss) if a company has sales of $205,000, cost of goods sold of $115,000, operating expenses of $40,
    7·1 answer
  • Identify Maslow’s needs
    11·1 answer
  • China is currently a socialist economic system. In view of china's explosive growth in supplying goods to the world do you see c
    9·1 answer
  • The CM ____ is responsible for overseeing the actions of the crisis management team and coordinating all crisis management effor
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!