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
Grace wants to become a manager at the bank where she is currently a teller. Which of the following goals would be appropriate f
fgiga [73]

Answer:

I will take management courses at a local business college so that I will be promoted to bank manager in less than five years.

Explanation:

 

7 0
3 years ago
How does the internet help consumers make well-informed decisions?
Rasek [7]

Because the internet make it so much easier for consumers to do research before making decision.

Through the internet, the consumers could know the credibility of a certain product by reading past experiences of other consumers that have used it before. Not only that, the consumers might know the side effects of the product which might be intentionally hidden by the producer.

3 0
2 years ago
Read 2 more answers
Please help solve: Suppose that initially the money supply is $1 trillion , the price level equals 3, the real GDP is $5 trillio
topjm [15]
The new price level after the increase in the money supply is 3.3. Therefore, the percentage increase in the money supply is 10%. The percentage change in the price level is 10%. Percentage change in the money supply is the same as the percentage change in the price level.
3 0
3 years ago
_ is the process managers use to continually monitor all phases of the production process to ensure that quality is being built
Free_Kalibri [48]
Statistical Quality Control<span> is the process managers use to continually monitor all phases of the production process to ensure that quality is being built into the product from the beginning and that quality is not being inspected into the product at the end of the production process.

All products go through a quality control procedure to make sure their products meet industry and company standards. Organizations do this to ensure they are putting out the smallest amount of defects as possible when creating items to sell to wholesalers or consumers. </span>
7 0
3 years ago
Fortunately, those who survive company layoffs rarely exhibit negative behaviors (such as decreased productivity or low morale).
Komok [63]

Answer:

The correct answer is letter "B": False.

Explanation:

Company layoffs not only represent a problem to the workers not working anymore for the firm but also to those who keep the job. Layoffs, in general, create uncertainty within a company because the remaining workers typically tend to believe sooner or later they will be laid off as well. Low esteem, engage with the company, and productivity is the result of this scenario.

6 0
3 years ago
Other questions:
  • What is one advantage that the system illustrated below gives to countries that are involved in the global economy? A. It permit
    8·1 answer
  • To create the best design concept for your client, it is generally best to only consider the culture in which the interior desig
    13·1 answer
  • Prior to closing, a final walkthrough of the property should be performed to ensure that everything has remained as stated in th
    14·1 answer
  • Changes in supply are reflected in______of the supply curve, while changes in the quantity supplied are reflected in______along
    9·1 answer
  • What branches or specializations concentrate their efforts and work on business, work and life satisfaction in psychology ?
    7·1 answer
  • 1. Explaining Why does a natural disaster (drought, flood) in an agricultural
    12·1 answer
  • Calaveras Tire exchanged equipment for two pickup trucks. The book value and fair value of the equipment given up were $40,000 (
    9·1 answer
  • Cottage industries can be found in
    6·1 answer
  • Consider the following limit order book for a share of stock. The last trade in the stock occurred at a price of $105.
    5·1 answer
  • The coursework taken at a _____ is focused on specific career skills and trades and does not generally require further academic
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!