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IrinaVladis [17]
3 years ago
8

Rains Company purchased equipment on January 1 at a list price of $75,000, with credit terms 2/10, n/30. Payment was made within

the discount period. Rains paid $3,750 sales tax on the equipment, and paid installation charges of $1,320. Prior to installation, Rains paid $3,000 to pour a concrete slab on which to place the equipment. What is the total cost of the new equipment?a. $78,750.b. $81,570.c. $83,070.d. $75,750.
Business
1 answer:
katrin2010 [14]3 years ago
7 0

Answer:

B. $81,570.

Explanation:

(75,000 x 98%) + 3,750 + 1,320 + 3,000 = 81,570.

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11 months ago
Property A is a self storage facility with a going cap rate of 6.0%. Property B is an office building with a going cap rate of 6
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Worth of both the property will be same.

Explanation:

Data provided in the question:

Cap rate for the Property A which is a self storage capacity = 6%

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Cap rate is given as = [ NOI ] ÷ [ Worth of the property ]

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Suppose that a competitive firm hires labor up to the point at which the value of the marginal product equals the wage and that
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