1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tangare [24]
3 years ago
13

Chocolate Supreme purchased new baking equipment for $15,000 subject to terms 4/10, n/45. The discount was taken. Additional cos

ts included $900 in sales tax and $300 for installation. The total cost to be added to the machinery account is
Business
1 answer:
4vir4ik [10]3 years ago
5 0

Answer:

Cost of machine  =$ 15600

Explanation:

<em>According to International Accounting standards (IAS) 16 property plan and equipment (PPE), the cost of an asset is the purchase cost plus other costs of bringing it to the intended working conditions.</em>

So we will add the purchase cost to the cost of delivery, tax and installation.

Note the discount is 4%

The purchase cost less discount = (100-4)% × 15,000= $14,400

The cost of the equipment = $14,400 + 900 + 300

=$ 15,600

You might be interested in
You recently purchased a stock that is expected to earn 10 percent in a booming economy, 4 percent in a normal economy, and lose
serious [3.7K]

Answer:

b. 3.70 percent

Explanation:

Expected rate of return of a stock, given probabilities,  is calculated by summing up the product of probability of each state occurring by the expected return of the stock should that happen.

Expected rate of return = SUM (probability *return)

Boom;(probability* return) = (0.15* 0.10) = 0.015 or 1.5%

Normal ;(probability* return) = (0.70* 0.04) = 0.028 or 2.8%

Recession ; (probability* return) = (0.15* -0.04) = -0.006 or -0.6%

Next, sum up the expected return for each state of the economy to find the expected rate of return on this stock;

= 1.5% + 2.8% -0.6%

= 3.7%

Therefore, the correct answer is choice B.

4 0
3 years ago
Sylvia works part-time at an office and also goes to school in the evenings. She is considering taking supplies for a class proj
castortr0y [4]

Answer:

Letter D is correct. <em>Public knowledge test.</em>

Explanation:

The ethics test to make your decision was the public knowledge test. According to studies, a person judges the consequences of taking an unethical attitude using a sequential and rational approach. There are a sequence of judgments which are: moral rules, defense testing, ethical principles, and anticipatory high evaluation. Taken together, these steps will help you identify if there are more advantages or disadvantages to an unethical act.

4 0
3 years ago
Managers tell employees what to do because employees are not seen as capable of solving problems themselves. employees mostly fe
STALIN [3.7K]
The first two scenarios are  <span>Hierarchical control and the third scenario is Decentralized control. </span>
6 0
3 years ago
Roger is new-product project manager for a medical equipment company. Recently the team has exhibited a high degree of conflict
Flauer [41]

Answer: Storming stage

               

Explanation: In simple words, it refers to the stage in which conflict between members of a group starts happening due to arise of individual personalities. This is last and most crucial stage of team development process.

In this stage the performance of team starts declining due to lack of harmony and trust among the members of the team.  In the given case, Roger's team has been facing conflict over the controlling issues ,hence, we can conclude that they are at storming stage of development.

5 0
3 years ago
Puvo, Inc., manufactures a single product In which variable manufacturing overhead is assigned on the basis of standard direct l
pantera1 [17]

Answer:

I'm figuring this out for you!

Explanation:

8 0
3 years ago
Other questions:
  • Nathan has been unable to trust banks since the failure of his savings and loan bank. He claims that storing his hard-earned mon
    9·1 answer
  • Who focuses on project interdependencies and helps to determine the optimal approach for managing and realizing the desired bene
    12·1 answer
  • Everything Looks Like a Nail, Inc. is a manufacturing company that produces hammers. The company faces a number of different fix
    10·1 answer
  • Nike outsources the manufacturing of its athletic shoes and apparel to manufacturers throughout the world. it needs an effective
    11·1 answer
  • Skolits Corp. issued 15-year bonds 2 years ago at a coupon rate of 7.3 percent. The bonds make semiannual payments. If these bon
    8·1 answer
  • The following information pertains to Julia &amp; Company: March 1 Beginning inventory = 33 units @ $5.70 March 3 Purchased 14 u
    10·1 answer
  • Knowledge Check 01 On February 13, a jewelry store sells an engagement ring with a sales price of $10,000 to a nervous young man
    5·1 answer
  • I need help on number 8 9 and 10 please help
    6·1 answer
  • A(n) _____ strategy is appealing because it attracts two distinct market segments: those who are not price sensitive along with
    14·1 answer
  • You are working as a private math tutor to raise money during spring break. Assuming you want to earn as much money as possible,
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!