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
Lady bird [3.3K]
3 years ago
6

Listed below are certain costs or discounts incurred in the purchase or construction of new plant assets.1. Indicate whether the

costs should be expensed or capitalized.2. For costs that should be included in plant assets, indicate in which category of plant assets (Equipment, Building, or Land) the related costs should be recorded on the balance sheet.1. Charges incured to train employees to use new equipment.2. Invoice cost to purchase new equipment3. Deduction for an earl payment discount taken on the puchase of new equipment.4. Real estate commissions incurred on land purchased for a new plant.5. Property taxes on land incurred after it was purchased6. Costs of tune-up for the truck used to deliver new equipment7. Costs to lay foundation for a new building8. Insurance on a new building during the construction phase.

Business
1 answer:
TEA [102]3 years ago
4 0

Answer

The answer and procedures of the exercise are attached in a the following image.

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

You might be interested in
Price is taken to be a given by an individual firm selling in a purely competitive market because.
snow_tiger [21]

Price is taken to be a given by an individual firm selling in a purely competitive market because each seller supplies a negligible fraction of total market.

Purely competitive market refers to a marketing situation in which there are a large number of sellers of a product which cannot be differentiated selling a standardized product and therefore, no single firm has a significant influence on the product price. It is characterized, furthermore, by ease of entry for new companies into the market and perfect market information. Hence, the sellers in such a market are considered to be price takers. Examples of purely competitive market are agricultural products such as wheat or corn.

Learn more about Purely competitive market:

brainly.com/question/15176320

#SPJ4

6 0
1 year ago
The following information pertains to Torque Corp.'s outstanding stock for 2021: Common stock, $1 par value Shares outstanding,
azamat

Answer:

135,000 shares

Explanation:

The stock split is the re-denomination of the shares where the number of shares increases without a corresponding increase in shareholders' equity.For instance assigning two shares for each share had earlier with two new shares priced at the price of previous one share,however in calculating the number of shares applicable to basic earnings stock split is treated retrospectively,as if it has always been part of the company's shares

Opening number of shares                                         60,000

add increase due to stock split(2*60,000)-60,000   60,000

new shares half-way through the year 30,000*6/12   15,000

Weighted average number of shares                           135,000          

7 0
3 years ago
"a branding strategy in which a firm uses a different brand for each of its products is called ____ branding."
Aleksandr-060686 [28]
<span>A branding strategy in which a firm uses a different brand for each of its products is called individual branding. With the use of this strategy, products from the same company are given a unique identity and name. This is especially useful when companies offer a wide range of products that cater different price markets. </span>
8 0
3 years ago
Coronado Industries had 293000 shares of common stock issued and outstanding at December 31, 2020. No common stock was issued du
Gnesinka [82]

Answer:

$3.72

Explanation:

earnings per common share = earning attributable to holder of common stock ÷ weighted average number of common stocks outstanding

therefore,

earnings per common share = $3.72

5 0
2 years ago
John Maynard Keynes believed that wages may be inflexible in the downward direction. Consequently, an economy Question 3 options
Nuetrik [128]

Answer:

An economy could get stuck in a recessionary gap

Explanation:

Keynes believed that wages may be inflexible in the downward direction and which would consequently cause an economy to get stuck in the recessionary gap. The recessionary gap happens when a country's real GDP is lower than it's gross domestic product at a state of full employment. It shows the difference between the actual and potential production in an economy. But with the actual being smaller or lower than the potential production.

3 0
2 years ago
Other questions:
  • At the beginning of June, Rhone Company had two jobs in process, Job 44 and Job 45, with the following accumulated cost informat
    12·1 answer
  • Help please!
    8·1 answer
  • According to an article in the New York Times, the Venezuelan government "imposes strict price controls that are intended to mak
    10·1 answer
  • As the president of a local trade company, Kristin is faced with leadership, ethical, and operational decisions on a daily basis
    14·1 answer
  • Which one of the following terms is defined as a loan wherein the regular payments, including both interest and principal amount
    8·2 answers
  • QS 4-19B Recording estimates of future discounts LO P6 ProBuilder has the following June 30 fiscal-year-end unadjusted balances:
    5·1 answer
  • Which of these will cause aggregate demand to shift to the right?
    13·1 answer
  • Loudon Company has the following unit costs: direct materials $6, direct labor $3, variable overhead $2, fixed overhead $1. Unde
    13·1 answer
  • Which scenario is not a violation of your rights as a debtor?
    7·1 answer
  • What is the primary purpose of an issuer sponsoring an american depositary receipt (adr)?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!