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
Tems11 [23]
3 years ago
9

"Dexter purchases equipment from Ray Company for a normal market price of $5,000,000. As an incentive, Ray's salesman throws in

free installation as part of the deal. The price of the installation service is estimated to have a fair value of $600,000."
Assuming the transaction to be multiple-deliverable arrangement, compute the amount to be allocated to installation. Round your percentage calculations to AT LEAST 4 decimal places.

A) 535,714

B) 600,000

C) 670,200

D) 614,570
Business
1 answer:
sineoko [7]3 years ago
5 0

Answer:

A) $535,714

In four decimal places $535,714.2857

Explanation:

We bring out the terms

Price of equipment(E)= 5,000,000

Price of installation(I)= 600,000

Price of installation and equipment (T)= 5,600,000

The discount given(D)= I/T*100= (600,000/5,600,000)*100

= 10.7142%

To get the amount to be allocated to installation= D* E

= 0.107142* 5,000,000

= 535,714.285714≈ $535,714

You might be interested in
Which of the following statements is NOT correct? Select one: a. After a 3-for-1 stock split, a company's price per share should
butalik [34]

Answer:

D is not correct statement.

Explanation:

The statement which is not correct is d. the stockholders are required to pay taxes on dividends even if they are to be reinvested. So this statement is not correct and the rest all statements are correct for example, statement a is correct because when there is stock split then the number of outstanding stock will increase where as price per share will fall because there will be more number of stock for 1 stock. Statement b is also correct because usually when there is stock repurchase it signals company management that the stock is undervalued.

5 0
3 years ago
Read 2 more answers
Which best describes what happens to the amount of a good or service that is supplied to consumers? The amount of a good or serv
Debora [2.8K]

The amount of a service cannot change. But the quality of a service can change positively or negatively

3 0
3 years ago
Read 2 more answers
If bids on keywords in a bid strategy are manually overwritten, how long will it take for the bid strategy to resume bidding on
muminat

Answer: 24 hours

Explanation:

When the max CPC is manually overriden, the new max CPC will remain for 24hours, this would make the search Ads 360 optimization system not to update the max CPC during this time. After 24hours margin, the search Ads 360 will resume optimizing your bids inorder to meet the goals of bid strategy in turn starts the max CPC manually.

5 0
2 years ago
"a company is developing an expert system. it has assembled the participants in its expert systems. taylor has extensive knowled
DIA [1.3K]
Mary's role is that of a knowledge engineer.
A knowledge engineer is tasked with integrating certain knowledge into computer (in this case expert) systems, with the aim to solve very difficult problems that otherwise people would not be able to solve on their own. 
6 0
3 years ago
PLEASE HELP ASAP!! CORRECT ANSWER ONLY PLEASE!!!Type the CORRECT answer in the box.
Mariulka [41]

Answer:

105.88

Explanation:

The consumer price index measures the changes in price of a basket of good. It is used to measure inflation.

CPI = Current year price / base year price x 1000

90/85 x 100 = 105.88

7 0
2 years ago
Other questions:
  • The following events occurred for Favata Company: Received $16,000 cash from owners and issued stock to them. Borrowed $13,000 c
    6·1 answer
  • Your friend says your car is worth about 50 dollars. Your friend is using money as a
    9·2 answers
  • Your firm needs to invest in a new delivery truck. the life expectancy of the delivery truck is five years. you can purchase a n
    11·1 answer
  • When goods are transferred from the WorkminusinminusProcess Inventory account to the Finished Goods Inventory​ account, ________
    5·1 answer
  • Shanghai Company sells glasses, fine china, and everyday dinnerware. They use activity-based costing to determine the cost of th
    14·1 answer
  • A life insurance salesperson who takes advantage of the foot-in-the-door phenomenon would be most likely to
    10·1 answer
  • Time Remaining 36 minutes 46 seconds00:36:46 Item 6Item 6 Time Remaining 36 minutes 46 seconds00:36:46 A company's Cash account
    7·1 answer
  • You have a bachelor's degree and want to get your
    7·2 answers
  • The Perpetual Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $18,500 per year fo
    15·1 answer
  • In human resource management, _____ usually refers to teaching operational or technical employees how to do the job for which th
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!