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egoroff_w [7]
3 years ago
15

Cytnhia owns antique furniture that she bought for ​$20000 five ago. cost of owning the furniture for the next year. To compute

the​ cost, you need two bits of​ information:
A. the interest rates for the last fivefive years and the expected interest rate for the next year.
B. the expected interest rate for the next year and the current value of the furniture.
C. the interest rates for the last fivefive years and the current value of the furniture.
D. the expected interest rate for the next year and the cost of comparable new furniture.
Business
1 answer:
Leno4ka [110]3 years ago
6 0

Answer:

The correct answer is B. the expected interest rate for the next year and the current value of the furniture.

Explanation:

To compute the cost of owning the furniture for the next year we need 2 bits of information, the expected interest rate for the next year and the current value of the furniture.

As we need the cost of the next year,  we don´t care about the interest we pay in the past. We need what we have to pay in the future.  

And also ,  we need the current value of the antique furniture so we can know the cost of opportunity of running the antique furniture.  ( If we don´t run this business ,  what can we do with that money?)

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Answer:The new ads suggest that Head & Shoulders has been

rebranded -True

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Here, procter and Gamber rebranded it's head and shoulders to give it a facelift thereby attracting it's already existing customers and intending purchasers.

7 0
3 years ago
Cala Manufacturing purchases land for $451,000 as part of its plans to build a new plant. The company pays $31,900 to tear down
kaheart [24]

Answer:

                                                                        Debit            Credit    

Property plant and equipment (Plant)   $1,965,166

               Cash                                                                  $1,965,166

Being the cost of construction of plant building

Explanation:

<em>According to International Accounting Standards (IAS) 16, property plants and equipment, the cost of land includes all of the cost necessary to bring and make it ready for the intended use. </em>

The total cost of the plant = 451,000 + 31,900 + 47,156 + 1,349,900 + 85210

= $1,965,166

The journal entry

                                                                        Debit          Credit    

Property plant and equipment (Plant)   $1,965,166

               Cash                                                                   $1,965,166

<em>Being the cost of construction of plant building</em>

5 0
3 years ago
Henderson is a local automobile salesperson. He earns 6% commission on all of his automobile sales. Last month, he earned $9,900
Murrr4er [49]
The answer for total sales is $165,000
3 0
3 years ago
You and your neighbor Diane have agreed to be partners in CreatePlace Site Design, a website design business for small businesse
kramer
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<span>Diane will be the limited partner while you will be the general partner.</span>

8 0
3 years ago
A corporation has issued 30,000 shares of $50 par common stock and holds 5,000 of these shares as treasury stock. If the corpora
Andrews [41]

Answer:

The amount of $25,000 will be recorded as the Cash Dividends

Explanation:

The amount which is to be recorded as the cash dividend is computed as:

Cash Dividend = Number of Shares × Rate per share

where

Number of shares is computed as:

Number of shares = Issued Shares - Treasury Stock

= 30,000 - 5,000

= 25,000

NOTE: No dividend is paid on treasury stocks, so the the shares of the treasury stocks are subtracted.

Rate per share is $1

SO, Putting the values above:

Cash Dividend = 25,000 × $1

= $25,000

3 0
3 years ago
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