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strojnjashka [21]
3 years ago
8

Thyme Co. has office furniture that cost $53,400 . Thyme’s managers can either sell the office furniture in its current state fo

r its book value for $13,800. If Thyme spends $7,200 to refurbish the office furniture and then sell the office furniture, net income will increase by $27,000. What is the sales price of the inventory after it’s been refurbished?
Business
1 answer:
Free_Kalibri [48]3 years ago
8 0

Answer:

Sales price= $48,000

Explanation:

Giving the following information:

Thyme Co. has office furniture that costs $ 53,400. Thyme’s managers can either sell the office furniture in its current state for its book value for $13,800. If Thyme spends $7,200 to refurbish the office furniture and then sell the office furniture, net income will increase by $27,000.

Sales price= 13,800 + 7,200 + 27,000= $48,000

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Elizabeth is an account executive for a financial services firm that specializes in employee benefits services. She is meeting w
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Answer:

The question is incomplete, it misses the option. The options are the following:

A. New-task

B. Straight rebuy

C. Modified rebuy

D. Contracted purchase

E. Limited modified buy

And the correct answer is the option A: New-task.

Explanation:

To begin with, in the field of business, the expresion of<em> ''new-task''</em> refers to the buying situation where the buyer purchases a product or a service for the very first time and therefore that he has no idea what to expect next accordingly to that new task because he has no information about it. Therefore that the buyer is looking for the help of Elizabeth in this case who represents a consultant that will help the buyer in this buying situation in order to try to make the best choice as possible.

6 0
3 years ago
What statement about progressive taxes is true?
vekshin1
B is the answer <span>B- the rate remains the same , even if income increases or decreases
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4 0
3 years ago
Plummer Industries purchased a machine for $43,800 and is depreciating it with the straight-line method over a life of 8 years,
tensa zangetsu [6.8K]

Answer:

$2,580

Explanation:

Depreciation = (Cost - Residual Value)/ Useful life

Yearly depreciation = ($43-800 - $3000)/8 = $5100

At the end of Year 5, total depreciation would be = $5100 X 5 = $25,500

Net book value at the end of year 5 = $43,800 - $25,500 = $18,300

Year 6, the extra ordinary repair that extended the useful life would be capitalized. Book value = $18,300 + $7,500 = $25,800

As 5 years have been expended, the remaining useful life would be 15-5 = 10 years

Depreciation expense year 6 = $25,800/10 = $2,580

7 0
3 years ago
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timofeeve [1]

Answer:

substitution and income effects will counteract each other totally

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A labor supply curve is an economic analysis tool that shows the number or workers that are available to work or that can work at various wage rates.

The labor supply curve can either be bending backwards or sloping downwards or upward curving but it shows the relationship between labour and wage rates.

A labor supply curve can be affected by factors such as population, changes in social behaviour, opportunities in other markets, among other things.

From the above question, it is seen that a change in wage rate for Anthony from $25 to $29 does not affect his work hours positively of negatively. His work hours is the same despite the increase in hourly wage.

The effect of the Anthony sticking to 40 hours of work despite an increase in wage, which could have served as some motivation for him to put in more hours is his labor curve remains same. An increase in wage has done noting to affect the number of hours he works and as such his income vs work rate counters each other.

Cheers.

8 0
2 years ago
This is for my principles of business class
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Profit of 10,750.     91,750 - 81000= 10,750/

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