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kondaur [170]
3 years ago
9

Wizard Co. purchased two machines for $250,000 each on January 2, 2005.

Business
1 answer:
Vikki [24]3 years ago
7 0

Answer:

B. $275,000

Explanation:

The second machine will be depreciate over time as it can later be used for operational purposes or another research projects. The first, as can only be used for a  research project It should be considered expenses for the entire amount regardless of the useful life.

Machine B useful life 10 years

depreciation expense: cost / useful life

250,000 / 10 = 25,000

machine A 250,000 + 25,000 depreciation for machine B = 275,000 total

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A physical count of Ayayai Company’s inventory at year-end determined that inventory on hand had a value of $1,628,000. Upon fur
fgiga [73]

Answer:

The amount that should be reported for inventory on Ayayai Company’s balance sheet at December 31, 2022 is $1,504,800

Explanation:

In order to calculate the amount that should be reported for inventory on Ayayai Company’s balance sheet at December 31, 2022 we would have to make the following calculation:

amount that should be reported for inventory on Ayayai Company’s balance sheet at December 31, 2022= Inventory as per physical count -inventory purchase-goods shipped-goods held on consignment

amount that should be reported for inventory on Ayayai Company’s balance sheet at December 31, 2022= $1,628,000-$51,900-$55,500$-$16,300

amount that should be reported for inventory on Ayayai Company’s balance sheet at December 31, 2022=$1,504,800

3 0
4 years ago
What is a schedule that shows when an item must be ordered from suppliers or when the production of an item must be started to s
notsponge [240]

Answer: gross material requirements plan

Explanation: A material requirements plan has been developed for product A based on the product structure of A and the lead-time needed to obtain each component. Planned order releases of a parent item are used to determine gross requirements for its component items.

hope i helped please mark brainliest!

4 0
3 years ago
While information systems can be used to gain a strategic advantage, they have inherent risks. Hershey Foods, for example, cripp
Angelina_Jolie [31]

Answer:

Letter B is correct

Explanation:

By poorly implementing an information system, the company is at risk of failures in its process, as was the case with Hershey Foods. Lack of information availability is a risk that occurs when the system does not effectively present the information required for tasks to be performed correctly. To prevent this from happening, an information system must always be reviewed and updated periodically to align with the company's strategy.

5 0
3 years ago
A loan requires that the 8% interest be compounded quarterly for 4 years. Find the number of compounding periods
EastWind [94]

Answer:

16

Explanation:

Compounding periods are the number of times interest is paid to an investment per year. For example, annual compounding means that interest will be paid once a year hence compounding period would be 1.

If semiannualIy, interest would be paid twice a year hence 2 compounding periods per year. In this case, quarterly compounding means that interest payment occur every 3 months hence 4 quarters a year.

In 4 years, total compounding periods would be; 4 *4 = 16 periods.

7 0
4 years ago
Who is a person who works and provides services for a fee, but not a full-time employee
topjm [15]

The correct answer should be C. contractor

hope this helped!

7 0
3 years ago
Read 2 more answers
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