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dlinn [17]
4 years ago
6

Whole Grain Bakery purchases an industrial bread machine for $20,000. In addition to the purchase price, the company makes the f

ollowing expenditures: freight, $1,000; installation, $2,000; testing, $500; and property tax on the machine for the first year, $400. What is the initial cost of the bread machine
Business
1 answer:
Reptile [31]4 years ago
5 0

Answer:

Total cost of the machine = $23500

Explanation:

given data

Purchase price = $20,000

Freight expenses = $1,000

Installation = $2,000

Testing = $500

property tax = $400

solution

we get here Total cost of the machine that is express as

Total cost of the machine = purchase price + fright expenses + installation + testing   .....................1

put here value and we get

Total cost of the machine = $20,000 + $1,000 + $2,000 + $500

solve it we get

Total cost of the machine = $23500

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GDP includes a. final goods and inventories of imported intermediate goods. b. intermediate and final goods to count all goods a
Elina [12.6K]

Answer: c. only final goods to avoid double counting when including intermediate goods

Explanation:

The Gross Domestic Product (GDP) is an economic measure that aims to quantify the strength of an economy by checking it's Economic Activity.

When Calculating GDP, the FINAL value of goods and services produced WITHIN a country are the only amounts included to avoid Double Counting of products.

For example, if in making a television, the company making the TV bought electrical parts for $100 and the LED screen for $50 with labour costs of $50 and then sold it to a store for $300 that then sells the Television at $500, $500 is the amount that is included in GDP calculation. None of those other figures will be added again because they are already implicitly included in the final $500.

6 0
3 years ago
Name at least one other familiar item besides money that could serve as a model for isotopes
Marina CMI [18]
Pennies or other coins work well as models for isotopes while studying radioactivity. Other objects that can also be used in place of money are paper clips, postage stamps and rubber bands. These objects are used to produce shadowgraphs as all these objects cast shadow when these are exposed to a visible light source. 
8 0
3 years ago
The existence of banks: makes the money supply equal to the amount of currency in circulation. results in the money supply being
madreJ [45]

Answer:

results in the money supply being larger than the amount of currency in circulation.

Explanation:

The banks existence could be resulted in more money supply as compared to the currency amount i.e. monetary base and also the currency amount could be in the circulation base

So as per the given situation, the above should be the answer

And, the rest of the options seems incorrect

6 0
3 years ago
All interest groups can be neatly categorized as economic interest groups or public interest groups.
Kipish [7]

False to say all interest groups can be neatly categorized as economic interest groups or public interest groups, because Interest group consist of other groups too .

What is meant Interest group ?

Interest groups, also known as special interest groups, advocacy groups, or pressure groups, are associations of people or organizations that are typically formally constituted and that aim to sway public policy in their favor based on one or more shared concerns. All interest groups share the desire to influence governmental policy in order to advance their causes or themselves. Their objective may be a policy that only benefits a specific set of people or a particular sector of society (such as government subsidies for farmers) or a policy that furthers a larger societal goal (e.g., improving air quality). By exerting pressure on decision-makers to change policy outcomes in their favor, they try to lobby in order to achieve their goals.

To learn more about Interest group checkout the link below : brainly.com/question/25656843

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7 0
1 year ago
Marc, Inc., owns 75% of SRS Company. During the current year, SRS reported net income of $415,000 but paid a total cash dividend
julsineya [31]

Answer:

B) $18,300

Explanation:

To determine the deferred income tax liability we must first find the undistributed earnings of SRS

undistributed earnings of SRS = total net income - dividends paid = $415,000 - $110,000 = $305,000

of the $305,000, 75% belongs to Marc, Inc. = $228,750

Marc, Inc., can deduct up to 80% of the distribution earnings = $228,750 x 80% = $183,000

So Marc's income = $228,750 - $183,000 = $45,750 x 40% tax rate = $18,300 deferred tax liability

7 0
4 years ago
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