The total cost of equipment that should be recorded is calculated by adding up all the given values in this item. The costs include equipment cost, transportation cost, tax, and installation cost. Adding up all the values,
TC = ($60,000) + ($1,000) + ($3,000) + ($2,500)
TC = $66,500
ANSWER: TC = $66,500
Answer:
<em>The entries are prepared in a tabular form in the explanation section below</em>
Explanation:
<em>From the example, the first step to take is to prepare he entries, if any, on each of the three dates that involved dividends.</em>
<em>Date Account titles and explanation Debit Credit</em>
<em>June 15 Cash Dividends $119,760 </em>
<em> Dividends Payable $119,760</em>
<em>July 10 Dividends Payable $119,760</em>
<em> Cash $119,760</em>
<em>Dec. 15 Cash Dividends $161,300</em>
<em> Dividends Payable $161,300</em>
Answer:
A) $200,000 to Jack
Explanation:
Jack is the primary beneficiary to his late wife's life insurance policy and since he is still alive, so he should get the whole $200,000.
His daughters, Mimi and Ann, are the contingent beneficiaries. That means that in case Jack had died before his wife or he was incapacitated for some reason, then they would have become the beneficiaries of the insurance policy (and each would have received $100,000).
Answer:
- Differences in values
- C. Tariffs and import quotas generally reduce economic welfare.
Explanation:
Yvette and Sean most likely have a difference in values because they believe that one thing is better for the economy than the other. This means that when it comes down to the economy, they value a certain approach over other approaches.
Economist don't usually find common ground on many things but there are some things where they have a general consensus and one of them is that tariffs and import quotas are bad for the economy. They believe that people stand more to gain from free trade than restricted trade.
The right answer for the question that is being asked and shown above is that: "a. Clients are informed in advance that high-cost items should be excluded." the main advantage of establishing per-item prices on an order and pricing form is that <span>a. Clients are informed in advance that high-cost items should be excluded.</span>
