1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
rodikova [14]
3 years ago
6

Logano Driving School’s 2017 balance sheet showed net fixed assets of $2.4 million, and the 2018 balance sheet showed net fixed

assets of $3.3 million. The company’s 2018 income statement showed a depreciation expense of $319,000. What was net capital spending for 2018? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.
Business
1 answer:
mamaluj [8]3 years ago
8 0

Answer:

The answer is: $1,219,000

Explanation:

The formula used to calculate Logano Driving School's net capital spending for the year is:

net fixed assets 2018 - net fixed assets 2017 + depreciation expense 2018

net capital spending = $3,300,000 - $2,400,000 + $319,000

net capital spending = $1,219,000

You might be interested in
Anderson Manufacturing​ Co., a small fabricator of​ plastics, needs to purchase an extrusion molding machine for ​$180 comma 000
vlabodo [156]

Answer:

1st     46,398.83

2nd    49,646.74

3rd      53,122.02

4th      56,840.56

5th       60,819.40

Explanation:

given a growing annuity we have to solve for the installement

FV = \frac{1-(1+g)^{n}\times (1+r)^{-n} }{r - g}

FV = PV (1+r)^5 = 180,000 x 1.14^5 =  346,574.62  

grow rate 0.07

interest rate 0.14

n = time     5

346,574.62 = C  \times \frac{1-(1+0.07)^{5}\times (1+0.14)^{-5} }{0.14 - 0.07}

C = 46398.8284

Now, to determiante the subsequent payment we multiply by the grow rate of 1.07

6 0
3 years ago
Why is it important to conduct market research on your target audience before building your marketing plan?
Tcecarenko [31]
Conducting market research on your target audience before building a marketing plan allows you to understand your customers/clients and their needs. By completing a marketing plan that includes demographical research as well as spending and purchasing goals and plans, you can understand how to adjust each of the 4 Ps (Price, Place, Promotion, and Product) to create value for your customers and differentiate your product in the marketplace. 
3 0
3 years ago
What city on the kansas river is the capital of kansas
almond37 [142]

Answer:

Topeka

The City of Topeka, located 60 miles west of KC Metro area, serves as both the state capital of Kansas and the county seat of Shawnee County, Kansas. Topeka is the fifth largest city in Kansas behind Wichita, Overland Park, Kansas City, and Olathe. The land within the City covers about 62.67 square miles.

6 0
2 years ago
Choose the answer that correctly identifies the conflict management styles represented by each version. a. 1- non-confrontationa
patriot [66]

Hi, you've asked an incomplete question. However, the missing question read;

Version 1: George walks away. He never talks to Elaine or Jerry again.

Version 2: George confronts Elaine, saying “I am angry about what you have been saying. I do not want you spreading rumors about me. If you have a problem, please see me about it.”

Version 3: George yells at Elaine to shut u.p and then confronts his boss demanding to know why he’s going to be fired.

Version 4: George demands that Elaine tell him where she heard that. Elaine tells him not to worry about it and tries to crack a joke about how much the boss is late.

Answer:

  • <u>Version 1: non-confrontational</u>
  • <u>Version 2: cooperative</u>
  • <u>Version 3: confrontational</u>
  • <u>Version 4: confrontational and cooperative</u>

Explanation:

1. In this scenario it is evident that George avoids confrontation with Elaine. In fact, we are told that "[He] walks away..."

2. In this scenario, however, we notice a cooperative deposition between George and Elaine. He made this lear when he said, "...If you have a problem, please see me about it.”

3. Confrontation occurs in this scenario as we are told that "George... then confronts his boss demanding to know why he’s going to be fired. "

4.  By demanding "that Elaine tells him where she heard that" indicates confrontation. While Elaine's cracking a joke about how much the boss is late shows cooperation.

4 0
3 years ago
Read 2 more answers
A manager that looks at loans and deposits increases and decreases among other things to measure the bank's liquidity position i
Mademuasel [1]

Answer:

The answer is letter C

Explanation:

The sources and uses of funds approach.

6 0
3 years ago
Other questions:
  • People who buy bonds are called?<br> A.Debtors<br> B.owners<br> C.Creditors<br> D.consumers
    9·1 answer
  • A 65-year-old retiree wishes to convert the cash value of his insurance policy into an annuity. He can select an annuity that wi
    7·1 answer
  • Pricing objectives refer to :A. reconciling the prices charged by an organization to the values set forth in its business missio
    8·1 answer
  • Using the aging method of accounts receivable method, $5,000 of the company's Accounts Receivable are estimated to be uncollecti
    8·1 answer
  • Many people moved to the Sunbelt to take new jobs in
    6·2 answers
  • A negative net present value means that the___________
    5·1 answer
  • Are the actions undertaken by the companies or individuals in the following scenarios legal or illegal pursuant to U.S. law? Ple
    13·1 answer
  • O societate producătoare de confecții vinde produse finite la cost de producție de 200 lei, marja de profit 10%, TVA 19% unui an
    6·1 answer
  • The economy is in long-run equilibrium. Technological change shifts the long-run aggregate supply curve $120 billion to the righ
    13·1 answer
  • The adjusting entry to record revenue for services the seller has performed but not yet collected requires ______.
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!