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Sauron [17]
3 years ago
10

In​ 2011, Kendall​ Ford, an automobile​ dealership, spent​ $20,000 on a new car lift for its repair​ shop, $2,000 on a

new copy machine for its sales​ division, and​ $600,000 on Ford Motor company stock. Unsold cars and trucks were valued at​ $400,000 on January​ 1, 2018 and unsold cars and trucks were valued at​ $900,000 on December​ 31, 2018.
What is Kendall Ford's total investment spending in 2018?
Business
1 answer:
Lilit [14]3 years ago
4 0

Answer:

$522,000

Explanation:

The computation of the Kendall Ford's total investment spending in 2018 is shown below:

= Dealership spent + repairing cost + unsold cars and trucks were valued i.e closing cost - unsold cars and trucks were valued i.e opening cost

= $20,000 + $2,000 + $900,000 - $400,000

= $522,000

The $600,000 would be ignored and the rest cost are taken for the computation

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You start a business letter with your adress

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You are the chief financial officer for a firm that sells digital music players. Your firm has the following average-total-cost
Finger [1]

Answer:

False

Explanation:

Since for finding out whether the offer is accepted or not, first we have to determine the total cost at 600 number of players and for 601 number of players which is

The total cost of 600 players is

= 600 × $300

= $180,000

The total cost of 601 players is

= 601 × $301

= $180,901

Now the marginal cost is 601 player is $901 which is difference between the $180,000 and $180,901 that is higher than the offered price i.e $550

Therefore, the offer should not be accepted

6 0
3 years ago
In countries where inflation is expected to be high, interest rates also will be high, because investors want compensation for t
Degger [83]

Answer:

Fisher effect

Explanation:

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This effect state that the real rate of interest equals to the nominal rate of interest deduct the expected inflation rate.

So, the relationship which is mentioned in the question is the fisher effect as it state the rate of interest that reflect the expectations likely the future inflation rates.

5 0
3 years ago
At the beginning of 2017, your company buys a $34,000 piece of equipment that it expects to use for 4 years. The equipment has a
Elodia [21]

Answer:

32,000

8000

see below

.16

see below

Explanation:

I'm not really sure what the schedule is supposed to look like (im not good at accounting) exactly but i whipped up something real quick in excel and if you have any questions ask

the depreciable cost is just cost-salvage (the amount that's going to be depreciated) so for us its 34000-2000 or 32,000

the depreciation expense is just the depreciable cost divided by the useful live (32,000/4)=8000

see my attempt at a depreciation schedule below

The deprecation rate per unit is the depreciable cost divided by the total units

32000/200000= .16

and you can see below my attempt at the units of production schedule

4 0
2 years ago
Gibson Valves produces cast bronze valves on an assembly line, currently producing 1560 valves per shift. If the production is i
dmitriy555 [2]

Answer:

the increased in the labor productivity is 23.08%

Explanation:

The computation of the increased in the labor productivity is given below;

= (Increase in production - current production) ÷ current production

= (1,920 valves - 1,560 valves) ÷ 1,560 valves

=  23.08%

hence, the increased in the labor productivity is 23.08%

Therefore the same should be considered

6 0
2 years ago
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