Answer:
The multiple choices missing from the question are:
a. $60,000.
b. $50,000.
c. $57,000.
d. $59,000.
Option D,$59000 is correct
Explanation:
The recorded cost of the equipment is made of purchase cost,the sales tax since it is not recoverable,shipping cost as well as the installation cost.
The recorded cost is computed thus:
Purchase price $50,000
sales tax $4,000
shipping $3,000
installation $2,000
total cost $59,000
The rationale for including shipping and installation costs is that asset cost should include cost of bringing the asset to current location(shipping) and condition(installation)
Answer:
The price level doubles.
Explanation:
The market for money is like any other market for goods or services, except that in this specific market, the Fed is a monopoly and everyone else are the consumers. If the demand for money increases, while the supply remains the same, the nominal value of money increases (interest rate increases). This combination of higher demand and higher costs increase the inflation rate which represents the general price level.
The inflation rate basically shows us the difference between the demand for money and the supply of money, and if that difference is two times, then the inflation rate will also double. When the inflation rate ,doubles, it means that the general price level doubles.
foreign direct investment
<h2>
What is foreign direct investment?</h2>
- A corporation from nation A will invest in country B by starting their own commercial activities there or by buying a local company. This practice is known as foreign direct investment (FDI). The new company in country B must be controlled and managed by the investor from nation A in order to qualify for FDI.
- The investment could entail purchasing a material supply, growing a business's reach, or establishing a global presence.
- By 2020, the United States will trail China in terms of FDI attraction.
<h2>Why do companies engage in foreign direct investment?</h2>
- Avoid trade restrictions. National protectionism still appears occasionally despite the increased prevalence of free trade.
- Lower the cost of production. Companies increasingly use foreign direct investment to lower production costs.
<h3>Examples of Foreign Direct Investments</h3>
- Mergers, acquisitions, or joint ventures in the retail, service, logistics, or manufacturing sectors may be part of foreign direct investments. They point to a global business expansion plan.
learn more about characteristics of foreign direct investment at
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Answer:
D. Evidence of title transfer of goods to customers.
Explanation:
The bill of lading is a legally binding document that provides the carrier and shipper with all of the necessary details to accurately process a shipment. It has three main functions. (1) it is a document of title to the goods described in the bill of lading. (2) it is a receipt for the shipped products. (3) the bill of lading represents the agreed terms and conditions for the transportation of the goods.