The equipment account should be debited for a total of $106,500.
Using this formula
Equipment account=List price+(Sales tax × List Price)+ Delivery cost+ Assemble cost
Where:
List price=$100,000
Sales tax=5%
Delivery cost=$1,000
Assemble cost=$500
Let plug in the formula
Equipment account=$100,000+(5%×$100,000)+$1,000+$500
Equipment account$100,000+$5,000+$1,000+$500
Equipment account=$106,500
Inconclusion the equipment account should be debited for a total of $106,500.
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<em>Incomplete question. </em><em>Here's the full part of the question:</em>
<em>*Artur, who has a disability, is an employee of banquet & event facilities & services, inc. after the installation of new doors on the entrance to banquet's hall, artur finds it nearly impossible to enter and exit. for repeatedly failing to be on time, banquet replaces artur with carter, who does not have a disability.</em>
<em>Refer to Fact Pattern 18-2. To successfully defend against Artur's claim, Banquet will have to show that:"</em>
Answer:
<u>Banquet cannot make changes to the doors without undue hardship to Artur</u>
Explanation:
Their defense is only reasonable if they claim that it acted in the best interest of Artur to replace him since it cannot make changes to the doors without causing him undue hardship because of his disability. Thus the decision was taken to avoid putting him under immense stress.
Answer:
The Adjusted Balance Method Calculation.
Explanation:
The adjustment balance method for calculating credits uses the previous balance from the end of the last credit or billing cycle excluding any payments and billings made during the current billing cycle.
It gives a grace period on new expenditures and if payment are made for the new credits before the last day, there will be no billing charges.
The answer could be "a graduate". Hope this helped you! :)
Answer:
2) CLTV
Explanation:
Customer lifetime value (CLTV) is simply how much profit do you expect to earn from a specific customer, or group of customers. There are several ways of calculating CLTV, but I believe this is the easiest one.
CLV = T x AOV x AGM x ALT
- T = average transactions per month
- AOV = average order value
- AGM = average gross margin
- ALT = average life span
