Complete the following sentence.

Harvey Industries, a Wisconsin company, specializes in the assembly of high-pressure washer systems and in the sale of repair pa

noname [10]

Answer:

1. Airplanes.

2. Ice-cream plants.

3. Building maintenance.

4. Engines.

5. Automobiles.

6. Barns.

7. Lift trucks.

8. Swimming pools.

9. Machinery.

Explanation:

In this scenario, Harvey Industries, a Wisconsin company, specializes in the assembly of high-pressure washer systems and in the sale of repair parts for these systems. The products range from small portable high-pressure washers to large industrial installations for snow removal from vehicles stored outdoors during the winter months.

Basically, the high-pressure water cleaning is a process that involves using water running at a very high pressure and sometimes high temperature to remove mold, dirt, dusts, loose paint, snow removal, grime etc from physical objects such as vehicles, equipments, buildings, billboards through the use of a plunger pump.

The typical uses for high-pressure water cleaning include: Airplanes, Ice-cream plants, Building maintenance, Engines, Automobiles, Barns, Lift trucks, Swimming pools, Machinery etc.

The proper application of high-pressure water cleaning helps to reduce environmental degradation, ensure equipments or environment are clean and neat. Also, high and tight places that cannot be easily reached by humans can still be cleaned with the help of a high-pressure water cleaner.

3 0

3 years ago

At December 31, 2022, Pronghorn Corporation reported the following plant assets.

Vesnalui [34]

Answer and Explanation:

The preparation of the plant assets is shown below:-

Plant Assets

Partial Balance Sheet

December 31, 2013

Land $4,897,200

Buildings $26,630,000

Less : Accumulated Depreciation $13,904,550 $12,725,450

Equipment $46,406,800

Less : Accumulated Depreciation $9,182,250 $37,224,550

Total Plant Assets $54,847,200

Note:- Here, Building Details for 2023 are not provided, it will be included in the accumulated depreciation above if available

7 0

4 years ago

Perpetuities are also called annuities with an extended, or unlimited, life. Based on your understanding of perpetuities, answer

Oduvanchick [21]

Answer:

d. A perpetuity is a stream of regularly timed, equal cash flows that continues forever.

Explanation:

A perpetuity refers to a future stream of cash flows, paying a constant amount regularly till forever. Such stream is never ending.

The present value of a perpetuity is computed by dividing the constant amount receivable till forever, by required rate of return/cost of capital.

Present value of a growing perpetuity is given by

= $\frac{Cash\ Flow(1\ +\ g)}{r\ -\ g}$

wherein cash flows represent cash flows receivable growing at g% rate till forever

r = required rate of return or cost of capital

g= growth rate of cash flows

Where the cash flows are of constant amount i.e non growing nature, the present value of such a perpetuity is given by,

= $\frac{Cash\ Flows}{Required\ rate\ of\ return}$

3 0

3 years ago

Fixed costs including depreciation have increased at Leverage Inc., from $4 million to $5.3 million in an effort to reduce varia

Anna35 [415]

Answer:

VC% = 73.5%

The New variable cost percentage of sales = 73.5%

Explanation:

Given;

New Fixed cost = $5.3 million

Total cost = $20 million

Total variable cost = $20 - $5.3 = $14.7 million

Variable cost percent=(total variable cost/total cost)×100%

VC% = (14.7/20) × 100%

VC% = 73.5%

5 0

3 years ago

Read 2 more answers

The ___________ remains the most important consumer buying organization in american society and has been researched extensively.

Elanso [62]

The family remains the most important consumer buying organization american society and has been researched extensively. Hope this helps, good luck.

4 0

3 years ago