Answer:
The cost recorded for the equipment=$66,500
Explanation:
When dealing with the total cost of an equipment we take the purchase cost and other additional associated costs that come with the equipment. This can be expressed as;
T=P+A
where;
T=total cost
P=purchase cost
A=additional costs(transportation cost+sales tax+installation cost)
In our case;
T=unknown
P=$60,000
A=(1,000+3,000+2,500)=$6,500
replacing;
T=60,000+6,500=66,500
The total cost=$66,500
The cost recorded for the equipment=$66,500
Answer:
Leave the price alone. Although it may lack some of the features that competitors’ models have, the Boss brand is well-recognized and well-respected in the market
Explanation:
You chose to lower the price to $359.That was the best choice.During the maturity stage of the product life cycle, increased competition eventually forces price cutting, and market share leadership may outweigh profit as a pricing objective, so this is a good option. However, it would take some research to determine whether the company can still make a profit at this price.
Answer:
A)The student beneficiary will use the money to pay for high school expenses.
Explanation:
A Coverdell Education Savings Account can be used for elementary, secondary, or higher education expenses (college). The money can be used to pay for public, private, or religious schools. On the other hand, 529 plans can only be used to pay for higher education expenses (college).
The maximum contribution to a Coverdell Education Savings Account is $2,000 per year per child and the contribution is not tax deductible. But when the distributions are taken to pay for the child's qualified education expenses, then they are not taxed.
I wanna think prob full coverage home owners insurance
Without having the context that you are referring to "maxed out" can mean several things such as a credit card being at the limit and no more credit is available. I will post other examples below of the phrase "maxed out."
Further Explanation:
When a credit card is "maxed out" it means that the cardholder has spent all of the credit line that they have been given. The cardholder will have to pay down their interest and principal on the card to get more credit on the card.
It could also be when someone is "maxed out" with their exercising or lifting. They can't do anymore since they have maxed out at their limit.
Another example of "maxed out" is when a person has reached their limit and can't take anymore of school, work, or even friends.
One last example is "maxed out" on a game. A person who is "maxed out" on a game may of reached the highest level of the game. In a game, it could mean that the amount of supplies that a player can get is "maxed out." The player may have to pay to get more storage or use some items that they may have. They may also have the option to upgrade, depending on the game.
Learn more about maxing out at brainly.com/question/806666
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