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pshichka [43]
2 years ago
5

Waterway Company purchased a machine on July 1, 2021, for $33,320. Waterway paid $238 in title fees and county property tax of $

149 on the machine. In addition, Waterway paid $595 shipping charges for delivery, and $565 was paid to a local contractor to build and wire a platform for the machine on the plant floor. The machine has an estimated useful life of 6 years with a salvage value of $3,570.
Business
1 answer:
umka2103 [35]2 years ago
6 0

Sub-Saharan Africa is defined as the region lying south of the Sahara Desert in Africa.

North Africa does not have a lot of diversity in terms of race, religion or language, mostly being made up of Arabs and Berbers speaking Arabic and Berberi with overwhelming Muslim majority. 

Sub-Sahran Africa, on the other hand is a diversity Whirlpool with the country of Nigeria alone having more than 500 documented languages. 

Read more on Brainly.com - brainly.com/question/10172780#readmore

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You have successfully started and operated a company for the past 10 years. You have decided that it is time to sell your compan
VikaD [51]

Answer:

$5,225,417

Explanation:

first payment 800000

1 quarter         250000

2 quarters 254000

3 quarters 258064

4 quarters 262193

5 quarters 266388

6 quarters 270650

7 quarters 274981

8 quarters 279380

9 quarters 283851

10 quarters 288392

11 quarters 293006

12 quarters 297694

13 quarters 302458

14 quarters 307297

15 quarters 312214

16 quarters 317209

17 quarters 322284

18 quarters 327441

19 quarters 332680

20 quarters 338003

11% = (1 + i/4)⁴

i = 0.106

quarterly interest = 2.65%

Now we need to determine the present value of this  annuity and our discount rate is 2.65%. I will use an excel spreadsheet to determine the present value of the 20 quarterly payments and then add the initial payment.

$4,425,417 + $800,000 = $5,225,417

5 0
3 years ago
For high school graduation, Ryan’s family is giving him a choice between two presents that are both worth $900. He can choose ei
yulyashka [42]

Answer: The Mexican trip with his best friends

Explanation:

Ryan cannot choose both options and thus has to make a decision of which option to take. Therefore he automatically sacrifices the other option. This type of decision is relevant and is known as a relevant cost. Relevant costs are costs that differ between alternatives, and thus influence the decision that you will make.

Opportunity cost is a type of relevant cost. This is the option that is given up / sacrificed when one option (laptop) is chosen over another (Mexican trip). In this case the opportunity cost is the Mexican trip when the laptop is chosen.

3 0
2 years ago
Kingbird Inc. owns equipment that cost $672,000 and has accumulated depreciation of $174,000. The expected future net cash flows
aev [14]

Answer:

Explanation:

In this scenario, we compare the values between book value and the fair value of equipment, the difference would be the loss on impairment of the asset

In mathematically,  

= Book value - fair value

where,

Book value = Equipment cost - accumulated depreciation

                   = $672,000 - $174,000

                   = $498,000

And, the fair value is $384,000

Now put these values to the above formula  

So, the value would equal to

= $498,000 - $384,00

= $114,000

Now the journal entry would be

Loss on impairment A/c Dr $114,000

      To Accumulated depreciation A/c $114,000

(Being the impairment loss is recorded)

4 0
3 years ago
How much time after selling a house do you have to buy a house to avoid the tax penalty?.
kati45 [8]

Answer:

no idea but im pretty sure its 6 months

Explanation:

becuase i think so

7 0
2 years ago
Read 2 more answers
Examine the scenarios to determine the protected status, unprotected status, existence, or non-existence of a trade secret.
DedPeter [7]

Answer:

Protected status

Explanation:

In simple words, the trade secret is said to be protected when it has an economic value to the founding company or the company handling it and anyone who is exposed to the information regarding that is legally bound to not to disclose it.

Thus, from the above we can conclude that the given scenario indicates protected status.

6 0
2 years ago
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