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Sergio [31]
4 years ago
14

Brenda purchased a total of five computers for $3,300. she received a 20% trade discount. what did brenda pay for the computers?

$2,640 $2,460 $2,440 $3,750 none of these
Business
1 answer:
DIA [1.3K]4 years ago
5 0

A trade discount<span> is the amount or percentage which a manufacturer deducts from the retail or advertised price of a product when it sells to a reseller or end customer. <span>When Brenda bought a total of five computers for $3,300, a trade discount of 20% was already deducted. So in this particular question”what did Brenda pay for the computers? $2,640 $2,460 $2,440 $3,750 none of these” the answer is none of these. She paid the amount of $3,300.</span></span>

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20X9 depreciation expense is $160

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Under the straight-line method, useful life is 5 years, so the asset's annual depreciation will be 20%.

Under the double-declining-balance method the 20% straight line rate is doubled to 40% - multiplied times the Depreciable cost's book value at the beginning of the year.

In 20X6, depreciation expense = 40% x $10,000 = $4,000

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In 20X7, depreciation expense = 40% x $6,000 = $2,400

In 20X8, depreciation expense = 40% x ($10,000 - $4,000 - $2,400) = $1,440

Accumulated depreciation at December 31 20X8 = $4,000 + $2,400 + $1,440 = $7,840

Book value at December 31 20X8 = $10,000 - $4,000 - $2,400 - $1,440 = $2,160

In 20X9, depreciation expense = $10,000 - $2,000 - $7,840 = $160

The 20X9 depreciation expense was $160 which is less than the actual $864 (40% of $2,160). It was done to keep the residual value as estimated ($2,000)

4 0
3 years ago
Lucas spends $83. 42 in additional interest and charges on monthly payments as the result of a prior bankruptcy. If Lucas been a
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Based on the amount saved monthly and the simple interest earned in 3 years, the amount in savings would be<u> $1,055.10.</u>

The amount saved for the year would be:

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<em>Find out more on simple interest at brainly.com/question/2294792. </em>

7 0
3 years ago
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Genent​ Industries, Inc.​ (GII), developed standard costs for direct material and direct labor. In​ 2017, GII estimated the foll
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Answer:

The quantity variance = -900 unfavorable

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3,000 x 0.7 = 2,100 standard pounds

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6 0
3 years ago
For each of the following separate transactions,
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Answer: The answer is provided below

Explanation:

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The second transaction is non-cash transaction therefore, it will not be reported in either the financing or the investing activities.

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3 0
4 years ago
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Answer:

1. Dave has 23 ($10 coins) and 18 ($20) coins.

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1.

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2.

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