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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.

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Providing and seeking support from others during times of stress best illustrates
emmainna [20.7K]

Answer:

The tend and befriend response

Explanation:

The word "tend" refers to care and look after someone while "befriend" refers to becoming friends with someone.

The tend and befriend response refers to a form of behavior in response to a threat. When under immense stress, an individual adopts a fight or flight response which is getting extremely aggressive in order to fight the situation or flees i.e tries and runs away from the situation.

The tend and befriend response has been observed to be more prominent in case of females. So when subjected to immense stress, it was observed that females spent a lot more time "tending" to their off springs which appeared vulnerable to them, serving as a mode to reduce stress while at the same time, also forming friendly bonds to seek support from others.

8 0
3 years ago
On November 10 of the current year, Flores Mills sold carpet to a customer for $8,000 with credit terms 2/10, n/30. Flores uses
frez [133]

The appropriate journal entry to record the transactions is: Debit Cash $7,840; Debit Sales discount $160; Credit Account receivable $8,000.

<h3 /><h3>Journal entry</h3>

The correct entry to record the transaction is:

November 17

Debit Cash $7,840

(98%×$8000)

Debit Sales discount $160
(2%×$8000)

Credit Account receivable $8,000

Therefore the appropriate journal entry to record the transactions is: Debit Cash $7,840; Debit Sales discount $160; Credit Account receivable $8,000.

Learn more about journal entry here:brainly.com/question/14279491

#SPJ1

3 0
2 years ago
Iggipfflhclclclfudkydoydudufufig
oksian1 [2.3K]

Answer:

hello

Explanation:

have a nice day

3 0
3 years ago
Read 2 more answers
Find the payment that should be used for the annuity due whose future value is given. Assume that the compounding period is the
katen-ka-za [31]

Answer:

$1,104.68  

Explanation:

The payment applicable to the future value of the annuity due can be determined using the future value formula for the annuity due provided below by rearranging the formula such payment is made the subject:

FV=monthly payment*(1+r)^n-1/r*(1+r)

FV=future value=$120,000

monthly payment=unknown(let us assume it is MP)

r=monthly interest rate=7%/12=0.005833333

n=number of monthly payments in 7 years=7*12=84

$120,000=MP*(1+0.005833333)^84-1/0.005833333*(1+0.005833333)

$120,000=MP*(1.005833333)^84-1/0.005833333*(1.005833333)

$120,000=MP*(1.629994009 -1)/0.005833333*1.005833333

$120,000=MP*0.629994009 /0.005833333*1.005833333

$120,000=MP*108.628973152

MP=$120,000/108.628973152

MP=$1,104.68  

6 0
3 years ago
While negotiating salary with your prospective employer, if you suggest an initial target salary of $55,000, your employer will
PtichkaEL [24]

Answer:

anchoring

Explanation:

The anchoring bias refers to the psychological tendency to favor the first data given to us or the first information that we know.

This applies to situations where you are the supplier of labor or the seller of goods. When you suggest an initial salary, your recruiter or future employer will use the amount you tell him/her as the reference. In this case, since the number is just in between $50,000 and $60,000, the employer will consider that salary range. Instead, if you just change the salary by a small bit, to $55,500, the employer will consider a higher range. Generally employers will try to negotiate down to feel that they made a good deal.

The anchoring bias is usually a very successful sales technique because consumers tend to fix a normal price and compare it to a sales or discount price and believe that the discount is significant.  

4 0
3 years ago
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