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
Bingel [31]
3 years ago
6

Belvedere Corporation had a balance in its Equipment account on January 1, Year 1 of $341,200. During the year, equipment origin

ally costing $93,100 and having Accumulated Depreciation of $24,500 was sold for $70,600. The ending balance of the Equipment Account was $304,700. How much did the company spend to purchase additional equipment during Year 1
Business
1 answer:
Varvara68 [4.7K]3 years ago
5 0

Answer:

$56,600.00

Explanation:

The amount the company spent on purchase of additional equipment during year 1 can be ascertained using the formula below:

amount spent on additional equipment=ending balance of equipment-(beginning balance-cost of equipment sold)

ending balance of equipment is  $304,700

beginning balance is $341,200

cost of equipment sold is $93,100

amount on additional equipment=$304,700-($341,200-$93,100)=$56,600.00  

You might be interested in
If you are holding a premium bond, you must expect a _______ each year until maturity. If you are holding a discount bond, you m
prisoha [69]

Answer:

i dont know lol hahhahahhah

Explanation:

5 0
2 years ago
Jake accepted a management trainee position at opelika resorts, a real estate development company. corporate management believes
Lera25 [3.4K]

This company uses job rotation. It is the organized movement of staffs and personnel from one job to a different job inside the organization to attain numerous human resources purposes. For instance positioning new employees, improving career development teaching employees, and stopping job dullness or exhaustion.

3 0
3 years ago
After a customer buys a computer or receives service from Tech Geek, a service representative contacts each customer to conduct
blsea [12.9K]

Answer:

B) False

Explanation:

The survey information is a form of feedback which returns as information input to the company. Surveys are an extremely important tool that can help a company measure the perceived quality of their products or services. Any complaints received can help to improve the production process, and eventually improve your products and services. Some customers like being surveyed because they believe that the company cares about them and it increases their loyalty to the brand.

6 0
3 years ago
Help please
dimaraw [331]
Your answer is going to be B.
5 0
3 years ago
Read 2 more answers
Your portfolio consists of $50,000 invested in Stock X and $50,000 invested in Stock Y. Both stocks have an expected return of 1
Nastasia [14]

Answer:

b. Your portfolio has a beta equal to 1.6, and its expected return is 15%

Explanation:

when a portfolio is given, there exist the posibility to agregate the different calculations made, this is possible using the weights of the different assets whose are part of the portfolio, so in this specifinx example the beta portfolios is calculated as  1.6*50%+1.6*50%=1.6 and the expected return is calculated using the same logic 15%*50%+15%*50%. it does not apply for deviation of the portfolio, at this point is important to see that as there is not correlation coeficient, so there will no be calculated the covariance, so at the end the standar deviation aggregated is 0%

5 0
3 years ago
Other questions:
  • About _____ percent of those who use tobacco are aged 18 to 25.
    11·1 answer
  • A CPA can accept a gift from a client as long as:
    10·1 answer
  • Imagine yourself as a business owner just before an economic event such as a recession or depression. What impact would
    8·1 answer
  • Randy arrived at the hotel to find that, although he had a guaranteed reservation, the hotel had no rooms available. He became a
    9·1 answer
  • Buyers of a good bear the larger share of the tax burden when the (i) supply is more elastic than the demand for the product. (i
    9·1 answer
  • Prior to recording adjusting entries, the Office Supplies account had a $372 debit balance. A physical count of the supplies sho
    15·1 answer
  • Carr Company is considering two capital investment proposals. Estimates regarding each project are provided below:Project Soup P
    15·1 answer
  • G free ltd intends reducing the number of suppliers they use by 50% analyse how reducing the number of suppliers could imporve g
    13·1 answer
  • According to the Taylor rule, if inflation has risen by 6 percentage points above its target of 2 percent, the Fed should:_____.
    6·1 answer
  • Kenesha Co. reported income before interest expense and income taxes of $30,000; interest expense of $3,000; and income taxes of
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!