Answer:
Orion Flour Mills Journal entry
Dr Equipment 62,400
Dr Prepaid Insurance 500
Cr Cash 2,900
Cr Accounts Payable 60,000
Explanation:
Calculation for cost of equipment
Purchase price 55,000
Add: Sales tax 5,000
Add: Shipment of machine 800
Add: Installation 1,600
Total Cost of Equipment 62,400
Calculation for Cash
Shipment of machine 800
Add Insurance on the machine for the first year 500
Add Installation 1,600
Total Cash 2,900
Calculation for Accounts Payable
Purchase price 55,000
Add: Sales tax 5,000
Total Account payable 60,000
I think.the answer is five bc all u have to do is add them all up am I right
Answer:
D. The IRR is about 22.80%
Explanation:
If we use excel instead of trial and error method, it is easy to determine the Internal rate of return. As there is no cost of capital, it is challenging to determine IRR through the trial and error method.
The following image shows the IRR of this project is 22.80%.
Answer: Acquisitional Shopping
Explanation:
Acquisitional Shopping: At the point when a consumer base their purchasing exercises on a particular expectation or reason, the person is encountering Acquisitonal shopping. But in this kind of shopping action mostly emphasize utilitarian value of the item. Sometimes this sort of shopping cannot be entirely enjoyable in light of the fact that the purchaser may think it is more as a task, for example purchasing printer ink, topping off the gas, grab some groceries.