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Alex777 [14]
3 years ago
5

On May 1, Marie Company purchased new machinery for $70,000 plus 8% sales tax. The machinery was advertised for $72,000. Other c

osts associated with the machinery were: testing of the new machine, $2,000; delivery cost of $3,600; installation cost, $5,500; and hiring of a new employee to run the machine at $2,880/month. At what amount will the machinery be recorded on a balance sheet?
Business
1 answer:
ZanzabumX [31]3 years ago
4 0

Answer:

$86,700

Explanation:

The computation of the amount recorded for the machinery is shown below:

= Purchase value of the new machinery + sales tax + testing cost of new machine + delivery cost + installation cost

= $70,000 + $5,600 + $2,000 + $3,600 + $5,500

= $86,700

The sales tax is as follows

= $70,000 × 8%

= $5,600

We simply applied the above formula

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Based on the spreadsheet below, what is the net cash flow? A 2-column spreadsheet showing Cash Inflows and Cash Outflows. Total
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The net cash flow is <u>A. $290.</u>

<h3>What is net cash flow?</h3>

The net cash flow is the difference between the cash inflows and the cash outflows.  It can be positive or negative.  When the cash inflows are greater than the cash outflows, the net cash flow is positive.  The opposite is the case when the cash outflows exceed the cash inflows.

<h3>Data and Calculations:</h3>
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Learn more about the net cash flow here: brainly.com/question/4326360

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3 years ago
The last step in the marketing process often includes: collecting the cash from sales to consumers. developing a written report
pochemuha

Answer: developing a written report to summarize the results of the period's marketing activities.

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Developing a written report to summarise the results of the marketing activities is necessary in order to evaluate the performance of the marketing activity and also learn from past mistakes which have previously affected the company.

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From that, we can see that the current and accumulated E&P is greater than its distribution of land so no loss would be reported so there will be reduction in earning and profits of the company of $200,000.

Hope it will find you well.

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