Explanation & answer:
Cash basis, so all monies retain same values over the years.
Let x = payback period in years
Salvage value of machine
= 48000 - 4000x
Sales
= 16000x
Total revenue after x years
R = 16000x
Expenditures over x years
C = Cost of machine + materials + depreciation
= 48000 + 8000x + 4000x
= 48000 + 12000x
For payback
R = C
16000x = 48000 +12000x
Solve for x
x = 48000/4000 = 12 years
By that time, the machine has no more salvage value.
Answer:Commerce is a branch of production that deals with the distribution; exchange of goods and services and all activities that assist or facilitate trade.
Explanation:
Answer:
B) an implied warranty of fitness for a particular purpose.
Explanation:
Sigrud bought spiked mountain climbing shoes, so she could reasonably expect that the shoes would be useful when climbing a mountain. The fact that the spikes came out while she was on the mountain side, isn't exactly what she was expecting when she purchased them. If you buy something that is supposed to satisfy an specific need or purpose, the seller is providing an implied warranty that the good will actually be fit to satisfy that specific need or purpose.
Answer:
balance of 38,616 debit
Explanation:
Inventory
Debits Credits
40,000(A)
800(B)
200(C)
784(D)
38616
(A) the recieved goods increase the inventory balance
(B) when returning the inventory decrease
(C) the shipment cost are necessary to get the ivnentory so are capitalized
(D) the discount decrease both, the cost of inventory and the cash disbursements.
adjusted invoice nominal:
40,000- 800 = 39,200
the commercial terms state a 2% discount which the company received:
39,200 x 0.02 = 784
Answer:
Our community needs a babysitting service. in my community, over 50% of the residents have young children. That said, it will provide opportunities for teenagers who want to earn a few extra bucks.
