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LekaFEV [45]
3 years ago
9

Costs of Acquiring Fixed Assets

Business
2 answers:
Zepler [3.9K]3 years ago
8 0

Answer:

The answer is given below:

Explanation:

a.

1.Yes

2.Yes

3.Yes

4.Yes

5.Yes

6. Yes

b.

7.No

8.Yes

9.Yes

10.No

11.No

12.No

As a rule of thumb,those costs which increase the value or useful life of asset should be capitalized where as those costs that are incurred to maintain the usage of asset are revenue expenditure and should be charged to income statement not the asset.

Olegator [25]3 years ago
7 0

Answer:

Yes

Yes

Yes

No

Yes

Yes

Yes

Yes

Yes

No

Yes

No

Explanation:

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Refer again to the income statements for Cover-to-Cover Company and Biblio Files Company on their respective Income Statement. N
creativ13 [48]

Answer:

$584,000

Explanation:

Calculation to determine what must their amount of sales be

Using this formula

Amount of Sales = (Fixed costs + Target profit) / Contribution margin percentage

Let plug in the formula

Amount of Sales = [42,400+(40,000+63,600) / (106000/424000)

Amount of Sales =(42,400+103,600) / (106,000/424,000)

Amount of Sales=146,000/0.25

Amount of Sales = $584,000

Therefore what The amount of sales will be Cover-to-Cover Company is $584,000

7 0
3 years ago
Think of a business that utilized one of the three methods of innovation to start their business, identify the business, the typ
garri49 [273]

Answer:

There are three types of innovation.

Product, Process and business Model.

The company Amazon is one of the leading online business in the world. It has achieved success through process innovation.  

Explanation:

Amazon has created a culture of innovation in its organization. The employee working in the amazon are free to share their innovative ideas and management considers those ideas when making strategic planning of business. This is the reason amazon has been able to launch many different types of technological innovations which provide support to their customers and their shopping experience is comfortable.

5 0
2 years ago
When a firm perceives that a foreign currency is _______, the firm may attempt direct foreign investment in that country, as the
Nataly [62]

Answer:

The correct sentence is: When a firm perceives that a foreign currency is <u>undervalued</u>, the firm may attempt direct foreign investment in that country, as the initial outlay should be relatively <u>low</u>.

Explanation:

Whenever a currency loses its value against the dollar or another currency (euro, pounds), it will be an excellent opportunity to invest. In the short term that investment can create benefits for the entity.

7 0
3 years ago
Yuto owns a souvenir shop in Tokyo. He wants to reach English speaking tourists in his city during certain hours of the day. Whi
vesna_86 [32]

Answer:

Location targeting

Ad scheduling

Language targeting

Explanation:

Yuto try three new and improve methods, Location targeting , Ad scheduling ,Language targeting to reach English speaking tourists.

By using these techniques, Yuto focus on specific target and specific location for target his tourist .

7 0
3 years ago
How do supply and demand influence market price?
rosijanka [135]

Answer:

The answer would be D) The market clearing price is where quantity demanded is equal to quantity supplied.

Explanation:

5 0
2 years ago
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