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zimovet [89]
3 years ago
7

Tamarisk, Inc. incurs the following expenditures in purchasing a truck: cash price $42,000, accident insurance $2,900, sales tax

es $2,700, motor vehicle license $100, and painting and lettering $400. What is the cost of the truck
Business
1 answer:
AURORKA [14]3 years ago
6 0

Answer:

$44,700

Explanation:

The cost of the truck according to IAS 16 under IFRS would only include any cost incurred in bringing the asset to as location or state where it becomes available for use.

Given cost items;

cash price = $42,000

Accident insurance = $2,900

Sales taxes = $2,700

Motor vehicle license = $100

Painting and lettering = $400

From all the cost items stated above, the cost of the truck

= $42,000 + $2,700

= $44,700

Other cost elements will be expensed.

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Furnco manufactures desks and chairs. Each desk uses 4 units of wood, and each chair uses 3 units of wood. A desk contributes $4
marshall27 [118]

<u>Explanation</u>:

This is an example of a linear programming problem.

THE CONSTRAINTS

Let d, c represents number of desk and chair.

Marketing restrictions

c ≥ 2d; which can be written as

2d - c ≤0

Wood restriction

4d + 3c ≤ 20

OBJECTIVE FUCTION (MAX)

= 40d + 25c

Where d ≥ 0, c ≥ 0

With this details you can then find the solutions either graphically or using  any other linear programming solution methods.

5 0
4 years ago
Rock Solid Concrete Company does not offer customers a cash discount for early payment of their accounts receivable. As a result
Alex73 [517]

Answer:

The correct answer is the option D: Time value of money.

Explanation:

To begin with, due to the fact that Rock Solid Concrete Company does not offer customers a cash discount for early payment then it is quite obvious that their customers will try to wait to pay their bills on the last day because in that way they will be able of having that money availabe for any issues or inconveniences that could occur during those first days, therefore that those customers apparently <u>understand the importance of time value of the money because if the pay early they will lose that cash and would not have it for any urgencies</u>.

7 0
3 years ago
What is the effect of import restrictions on prices? They often cause prices to rise steeply and then drop. They cause prices to
Lostsunrise [7]

Answer:

They cause prices to rise.

3 0
3 years ago
2) What is the correct way to mark False Starts in Full Verbatim?
Ksju [112]

Answer:

I think it's B. There is no need to mark a false start in a full verbatim file.

5 0
3 years ago
wgu A real estate agent representing the buyer tells the seller that the buyer would be willing to pay much more than the asking
yKpoI14uk [10]

Answer:

The correct answer is Duty of loyalty.

Explanation:

The corporate sphere bears an important analogy with the contractual one, in the sense that in both the agreements of the parties and the provisions of the law must be fulfilled, that is, there is a duty of loyalty of the partners and a duty of loyalty of the administrators. However, any action carried out by a subject, over and above private covenants or regulatory provisions, must follow a standard of conduct that imposes a certain ethical behavior in legal relationships, that of good faith.

Therefore, and without delving into the normative level, noting that behaving under the strict principle of good faith with society would be the partner's main duty. Here it is possible to know the concrete scope of this principle as a source of special duties for the parties in the corporate sphere. Thus, a duty-generating principle is derived from it: cooperation, information and protection.

7 0
3 years ago
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