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jekas [21]
2 years ago
9

A company rented a copier for $600 per month. Five years later, an accountant calculated that if the company had purchased the c

opier and paid a $100 monthly maintenance charge, the company would have saved $700. What was the purchase price of the copier
Business
1 answer:
gavmur [86]2 years ago
6 0

Answer:

C) $29,300

Explanation:

to determine the answer we need to solve the following equation:

60 installments (C + $100) + $700 = 60 installments x $600  

60C + $6,000 + $700 = $36,000  

60C + $6,700 = $36,000

60C = $29,300

C = $29,300 / 60 = $488.33 per month during 5 years

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A computer manufacturer sells laptops to retail stores for $450 each. If the manufacturer pays $200 for all of the components in
a_sh-v [17]

Answer:

The answer is $75

Explanation:

The formula to reach out value addition is

Value Addition=Sales Value-Cost of manufacture or input added

In our Case

Sales Price=$450

Cost of Manufacture or Input=200+75=$275

So by entering above numbers in Value Addition formula we get

Value Addition=$450-$275

Value Addition=$175

5 0
2 years ago
Your bank offers a savings account that pays 3.5% interest, compounded annually. How much will $500 invested today be worth at t
Maksim231197 [3]

Answer:

FV= $1,181.62

Explanation:

Giving the following information:

Your bank offers a savings account that pays 3.5% interest, compounded annually. How much will $500 invested today be worth at the end of 25 years?

We need to use the following formula:

FV= PV*(1+i)^n

FV= 500*(1+0.035)^25

FV= $1,181.62

6 0
3 years ago
______________ are units within an organization that receive services from other units within the organization. A. End-usersB.In
Elza [17]

Answer:

The correct answer is letter "B": Internal customers.

Explanation:

Internal customers are not necessarily employees or customers who work inside the organizations, but they usually do. These people have a certain relationship with the firm and one need from another so their jobs can be done. In the case of employees, they rely on others' roles so their responsibilities can be performed.

3 0
2 years ago
Assume Organic Ice Cream Company, Inc., bought a new ice cream production kit (pasteurizer/homogenizer, cooler, aging vat, freez
vladimir1956 [14]
The correct answer is a I a, typing to get the answer right
6 0
2 years ago
Scorcese Inc. is involved in a lawsuit at December 31, 2020.
IceJOKER [234]

Answer and Explanation:

a. The Journal entry is shown below:-

Lawsuit loss Dr, $900,000

         To Lawsuit liability $900,000

(Being lawsuit loss is recorded)

Here we debited the lawsuit loss as it increased the losses and we credited the lawsuit liability as  it also increased the liabilities because the losses contains normal debit balance and the liability contains normal credit balance

b. No Journal entry is required as The loss is not accrued as it is not expected that a liability has been spent at Dec 31, 2020

5 0
3 years ago
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