Sales taxes are used on the military.
Answer:
$5,450
Explanation:
Data provided in the question:
List price of the machinery = $88,000
Discount offered = 10%
Amount of discount = 10% of $88,000
= 0.1 × $88,000
= $8,800
Shipping paid = $400
Sales tax = $4,900
Useful life = 10 years
Residual value = $30,000
Now,
Total cost of the machine = List price - Discount + Shipping + sales tax
= $88,000 - $8,800 + $400 + $4,900
= $84,500
Annual depreciation using straight line method is given as:
=
=
= $5,450
Answer:
Economic feasibility
Explanation:
The cost and benefits including the capability analysis and non financial aspects that are worth considering are often referred to as feasibility study of the project. Furthermore, the study of the costs and benefits drawn from the project alone is known as economic feasibility of the project.
In the given scenario, the company is considering how much the advertising cost must be budgeted to drive maximum benefits which is cost benefit analysis and is economic feasibility studies.
A) 2,679.45
B) 50,909.55
C) 1,071,780
Explanation:
The bank will keep 5% of the deposit:
53,589 x 5% = 2,679.45
Then, it will have in excess the remainder:
53,589 - 2,679.45 = 50,909.55
This amount can be used for another.
This makes a hypothetical loop. The borrower can also deposit and creating the chance or another loan and so on. The cycle repeats indefinitely
The maximum amount of new money can be determinate as follow:
53,589 / 0.05 = 1,071,780
Answer:
A case of corporate social responsibility for the environment.
Explanation:
Note that the proposed buildings would be close to a wild life reserve.
The company took the right step inorder to fulfill its responsibility to preserve and protect the environment (wild life reserve) by scheduling a meeting with Green Sands's representatives to make choices about the property that are agreeable to both sides.