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3 years ago

Oaktree Company purchased new equipment and made the following expenditures:

Business

1 answer:

const2013 [10]3 years ago

4 0

Answer:

Cr. Dr.

Equipment $66,880

Account Payable $62,600

Cash $4,280

Explanation:

All the costs incurred to make asset usable should be capitalised.

Equipment Cost = Purchase Price + Sales Tax + Freight Charges + Insurance Charges + Installation

Equipment Cost = $59,000 + $3,600 + $840 + $1,040 + $2,400

Equipment Cost = $66,880

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The campus bookstore sells a campus mug for $10. When you buy a second campus mug, however, its price is only $6. How does t

masya89 [10]

Answer:

Marginal utility is the benefit of consuming additional unit of a product and it is inversely proportional to price.

Explanation:

Utility is the satisfaction derived from consuming a particular product.

As consumption continues, marginal utility is the benefit of consuming additional units of the product. Marginal utility reduces as consumption increases.

So the consumer is less willing to buy at current price. However the consumer will be more willing to buy more at a reduced price.

The campus bookstore is using the knowledge of this by selling the first mu for $10 and subsequent one for $6. The consumer will still be willing to buy at the reduced price.

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3 years ago

Parks Corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. The

Virty [35]

Answer:

$4,355.26

Explanation:

The net present value is the present value of future cash flows expected from the project minus the initial investment outlay

initial investment outlay=working capital investment = -$10,000

Years 1-5 cash inflow=$2,000

Year 6 cash inflow=normal cash inflows+release of working capital

Year 6 cash inflow=$2,000+$10,000=$12,000

the present value of a future cash flow=cash flow/(1+r)^n

n is 1 for year cash inflow 2 for year 2 cash inflow, 3 for year 3 cash inflow and so on

NPV=-$10,000+$2,000/(1+10%)^1+$2,000/(1+10%)^2+$2,000/(1+10%)^3+$2,000/(1+10%)^4+$2,000/(1+10%)^5+$12,000/(1+10%)^6

NPV=$4,355.26

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3 years ago

Lean Principles The chief executive officer (CEO) of Platnum Inc. has just returned from a management seminar describing the ben

Vladimir79 [104]

Answer: Option E

Explanation:

A. Poor quality inventory will not be sold leading to excess of it thus it is a reason.

B. Large set up times will lead to loosing of customers, thus, reason for excess inventory.

C. Unreliable equipment urges for overproduction while the equipment is working efficiently thus it is a reason for excess inventory.

D. Poor employee relationships effects organisation process which might lead to delay in sales thus, a reason for excess inventory.

E. Workers union establishes efficiency in the work performance of labor, thus, it is not a reason in excess inventory.

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4 years ago

What types of information should be included in a resume? A resume generally consists of and .

malfutka [58]

Your name of course, where you went to school, info on what your goals are that you want to obtain, work history, and what your good at.

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3 years ago

Automobile firms can use their inputs to make hybrid cars or "regular" (non-hybrid) cars. If the equilibrium price of hybrid car

77julia77 [94]

Answer: a) an increase in the Equilibrium price of "regular" cars.

Explanation:

It is stated that the automobile companies use their inputs to make either the hybrid cars or the regular cars.

If the price of the Hybrid cars rises sharply, Automobile companies will make more Hybrid cars so as to take advantage of the situation and make more profit.

This would reduce the amount of inputs that they have available for regular cars and so they will make less regular cars.

As this supply of regular cars decreases,the supply curve will shift to the left and the price will increase to cater for this reduction in supply.

7 0

3 years ago