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Sholpan [36]
3 years ago
6

Additional costs of plant assets that provide benefits extending beyond the current period; they increase or improve the type or

amount of service an asset provides are treated as _______.
Business
1 answer:
posledela3 years ago
5 0

Answer:

Capital Expenditures

Explanation:

Capital Expenditures -

It is the total amount which is spend on the tangible assets which used for more than an year for the business , is known as capital expenditures .

It is also known as Capex .

It increases the amount of service an

hence , from the question information , the correct term according to the given information is Capital Expenditures .

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Tulip Corporation purchased equipment for $ 60 comma 000 on January​ 1, 2017. On December​ 31, 2019, the equipment was sold for
Mashcka [7]

Answer:

The sell will generate a loss of $6,000.

Explanation:

Please find the below for detailed calculations and explanations:

- The equipment's net value at the time of disposal is equal to: Book value of the equipment - The accumulated depreciation of the equipment = 60,000 - 28,000 = $32,000;

- The gain/(loss) on the disposal of equipment is equal to: Sell price of the equipment - The equipment's net value at the time of disposal = 26,000 - 32,000 = $(6,000)

Thus, Tulip Corporation's disposal of the equipment at Dec 31st 2019 makes a loss of $6,000.

8 0
3 years ago
A car dealership spends $140,000 on cars to stock their lot. After a day of sales, they earn a total revenue of $300,000. What i
r-ruslan [8.4K]

Answer:

$160,000

Explanation:

Calculation of the car dealership's profit

Using this formula

Profit= Total revenue- Amount Spend

Where,

Total revenue=$300,000

Amount Spend=$140,000

Let plug in the formula

Profit =300,000-140,000

Profit =160,000

Therefore the car dealership's profit will be $160,000

5 0
3 years ago
You are most concerned for the infant who has
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A i think, did btec childcare
8 0
2 years ago
At the beginning of the day, the dow jones index was at $10,287.56. at the end of the day, the dow jones index was at $10,005.23
ehidna [41]
<span>(10,287.56 - 10,005.23) / 10,287.56 = 
(282.33) / 10,287.56 = 0.0274
0.0274/100 = 2.74%
</span><span>At the beginning of the day, the dow jones index was at $10,287.56. at the end of the day, the dow jones index was at $10,005.23. </span>The rate of change of the dow jones on this particular day is 2.74%
7 0
3 years ago
A marketing campaign to target business travelers includes two advertising buys. One buy cost $4,600 and yielded 220 leads. The
Korvikt [17]

Answer:

$20.90 & $14.88

Explanation:

The average cost per lead is the marketing expense incurred to acquire a new potential customer.  The average cost per or CPL is calculated using the formula total marketing spend / total number of leads. CPL helps identify the most efficient advertising channel.

For the first advertising buy, average cost per lead

=$4,600/220

=$20.90

For the second advertising buy

=$6700/450

=$14.88

3 0
3 years ago
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