Answer:
Cost of new equipment is $3,360,000
It consist of price of new equipment and asset's installation, shipping and delivery cost.
Explanation:
Cost of equipment includes cost of acquisition and any installation, shipping or delivery cost.
Acme's cost of new equipment:
Acquisition cost = $3,200,000
Shipping and installation cost = $160,000
Total cost = $3,360,000
Note: This is not given in option but this is the answer as per the data given.
New equipment cost includes price of equipment plus installation, shipping and delivery cost of asset.
<span>Value web model consists of information systems that enhance competitiveness at the industry level by promoting the use of standards and industry-wide consortia, and by enabling businesses to work more efficiently with their value partners.</span>
Answer and Explanation:
The journal entry to record the issuance of the preferred stock is shown below:
Cash (8,000 shares × $111) $888,000
To Preferred stock (8,000 × $108) $864,000
To Paid in capital in excess of par - Preferred stock $24,000
(Being the issuance of the preferred stock is recorded)
For recording this we debited the cash as it increased the assets and credited the preferred stock and paid in capital as it also increased the stockholder equity
Answer:
A. True
Explanation:
If the optimal production decreases than the average inventory will increase.
Answer:
The answer is C. how much wealth people want to hold in liquid form
Explanation:
Money demand is the demand for holding cash. Money demand is also desired holding of money, whether the money is cash at hand or bank deposits. This can be likened to the transactional motive of holding money.
Money demand is affected by the following: level of income, inflation, interest rate etc...