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Mademuasel [1]
3 years ago
13

A company purchased new equipment for $48,000. The company paid cash for the equipment. Other costs associated with the equipmen

t were: transportation costs, $1,200; sales tax paid $2,500; and installation cost, $1,700. The cost recorded for the equipment was:___________
Business
1 answer:
brilliants [131]3 years ago
4 0

Answer:

The cost recorded will be $53,400

Explanation:

In this question, we are to give the value of the amount recorded as the cost of the new equipment.

By simply doing some additions, we will be okay.

mathematically, this would be

Cost of equipment recorded = cost of equipment + transportation cost + sales tax + installation cost = 48,00 + 1,200 + 2,500 + 1,700 = $53,400

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<u>Solution and Explanation:</u>

The correct answer is I, II, III, and IV

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3 years ago
"A mutual fund manager of a "high technology" fund feels that the market for this sector will remain flat in the next coming mon
qaws [65]

Answer:  C.  narrow-based calls

Explanation:

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Should he wish to make income against the portfolio, he should sell these knowing that the options will not be called as the market will remain flat.

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3 years ago
Which type of break can you insert if you want to force text to begin on the next page?
pav-90 [236]
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4 0
3 years ago
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Viefleur [7K]

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What are the main parts of a web browser

Answer: ...

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4 years ago
A perfectly competitive firm will produce the quantity of output at which _______ = _______ to determine the profit maximizing o
pishuonlain [190]

Answer:

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Explanation:

In perfect competition a firm is in equilibrium when its marginal cost of production is equal to the price of its product. The firm will be able to maximize profit or minimize cost at this point.

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