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
Jet001 [13]
4 years ago
8

A company purchased a commercial dishwasher by paying cash of $5,000. The dishwasher's fair value on the date of the purchase wa

s $5,600. The company incurred $400 in transportation costs, $300 installation fees, and paid a $200 fine for illegal parking while the dishwasher was being delivered. For what amount will the company record the dishwasher?
Business
1 answer:
Fed [463]4 years ago
7 0

Answer:

$5,700

Explanation:

Purchased of a commercial dishwasher + Incurred transportation costs+ Installation fees= Total recorded amounts

$5,000 + $400 + $300 = $5,700.

Therefore the amount that the company will record the dishwasher is $5,700 because the parking ticket should be expensed as incurred due to the fact that it is not a cost necessary to get the asset ready for use.

You might be interested in
Delegating authority and responsibility throughout an organization is known as: Multiple Choice management by exception. central
Yakvenalex [24]

Answer:

Decentralization

Explanation:

It is a process through which the authority of an organization is delegated to lower managers. The lower managers are given more responsibility which is the opposite of the centralization in which the decision making power is concentrated in the hands of a few people. The top-level managers take all the decisions in the organization with centralized authority.

In decentralized authority, lower managers can decide on their own as long as it is in sync with the overall goal of the organization, but the authority to take static decisions and control and coordination remain in the hands of top-level managers.

5 0
3 years ago
The world intellectual property organization requires that e-businesses comply with the laws of ________.
vampirchik [111]

The world intellectual property organization requires that the e-business comply with the laws of the country in which they are based because of the reason that the e-commerce company should comply with the laws of its own or home country which is simplified by the WIPO.

5 0
3 years ago
Give me atleast 2 question about mice industry
kondor19780726 [428]

Answer:

1.How has the growing economy contributed to the growing mice industry?

2.Why does nobody know the size of mice market?

5 0
3 years ago
Read 2 more answers
TwitterMe, Inc., is a new company and currently has negative earnings. The company’s sales are $2.1 million and there are 130,00
Paladinen [302]

Answer:

a. $69.46

b. 58.15

Explanation:

a. Price = Benchmark PS ratio × Sales per share

<u>Sales per Share</u>

=  Sales / Shares outstanding

= 2,100,000/130,000

= $16.15

Price = 4.3 * 16.15

Price = $69.46

b. PS Ratio is 3.6

Price = Benchmark PS ratio × Sales per share

Price = 3.6 * 16.15

Price = $58.15

7 0
3 years ago
Which adjective best describes you at work? a.unique b.orderly
UkoKoshka [18]

Answer:

B

Explanation:

being unique can be good at work but making sure you're organized doing your job is vital.

5 0
3 years ago
Other questions:
  • Answer the following questions about the (real) inflation tax, assuming that the price level starts at 100.
    14·1 answer
  • "Recent research on emotionality produced a mouse with a nonfunctional gene for normal fear behavior." This mouse exhibits behav
    14·1 answer
  • Assuming that you are a hospital administrator and you realize that a major piece of medical equipment needs to be replaced in f
    14·1 answer
  • Psychological needs are those for necessities such as safety, security and health. True False
    15·1 answer
  • Within a team, individuals tend to assume either a ______ role based on the expectations of the team, the organization, or thems
    7·1 answer
  • Flagg records adjusting entries at its December 31 year-end. At December 31, employees had earned $12,000 of unpaid and unrecord
    11·1 answer
  • According to Karl Marx, capitalists really produced all wealth, and the laborers were the recipients of the wealth.
    7·1 answer
  • Market performance in the United States is tracked using stock changes. which use formulas to calculate price​
    10·2 answers
  • _____ management planning involves the creation of a plan to guide the actions of an entire company. Multiple choice question.
    7·1 answer
  • Which stage of the money laundering process occurs when funds gained from criminal activity enter the financial institution?.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!