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
arsen [322]
3 years ago
10

Pharoah Company purchased machinery on January 1 at a list price of $270000, with credit terms 2/10, n/30. Payment was made with

in the discount period. Pharoah paid $79750 sales tax on the machinery and paid installation charges of $4800. Prior to installation, Pharoah paid $10900 to pour a concrete slab on which to place the machinery. What is the total cost of the new machinery
Business
1 answer:
Lina20 [59]3 years ago
5 0

Answer: $360,050

Explanation:

The total cost of a fixed asset refers to all the cash that was paid to acquire the asset, transport it and then install it.

Cost of the new machinery is therefore = Discounted cost price + Sales tax + Installation charges + Concrete slab

= (270,000 * (1 - 2%)) + 79,750 + 4,800 + 10,900

= 264,600 + 79,750 + 4,800 + 10,900

= $360,050

<em>Cost price was discounted by 2% as per the credit terms of 2/10 which means that there is a discount of 2% if the asset is paid for in 10 days. </em>

You might be interested in
The regulatory agency that oversees export controls related to commercial and dual-use items is?
scZoUnD [109]

The regulatory agency that oversees export controls related to commercial and dual-use items is called The Bureau of Industry and Security (BIS).

What is the Bureau of Industry and Security (BIS)?

The United States Department of Commerce's Bureau of Industry and Security (BIS) handles matters relating to high technology and national security. Aiding in the prevention of the spread of WMDs while promoting the expansion of US exports is one of the bureau's main objectives.

The Bureau of Industry and Security (BIS) promotes ongoing U.S. leadership in strategic technologies while advancing the national security, foreign policy, and economic goals of the country. It does this by ensuring an efficient export control and treaty compliance system.

To know more about Bureau, click here:-

brainly.com/question/10098405

#SPJ4

5 0
1 year ago
Shuck Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The direct labor budget indicates that 8,200
Liono4ka [1.6K]

Answer:

$127,710

Explanation:

May cash disbursements = $4.10 x 8,200 + $100,940 - $6,850

                                          = $127,710

The May cash disbursements for manufacturing overhead on the manufacturing overhead budget should be $127,710

6 0
3 years ago
Regency Inn leased a rental office in the lobby of its hotel to Americar, a car rental agency. Wagner rented a car from Americar
WINSTONCH [101]

Answer:

The court ruled against both Americar and Regency Inn, and then Regency Inn won its case against Americar. The nuisance case itself is pretty unpleasant, so it's not worth referring to it.

The fundamentals for the ruling against Americar were that they themselves had drafted the lease agreement and that the clause included in the lease agreement by which they agreed to indemnify Regency Inn was valid. The original lease term had already expired, but Americar continued to lease the offices on a monthly basis. Since they never left the place, the clauses in the original agreement were still valid even though the lease changed to a monthly basis. I.e. if you sign a lease contract and after the original contract is over, you continue to lease the same place, then the clauses from the original contract still apply.

The clause stated that Americar was liable for damages that took place on the leased premises or in their proximity, i.e. the area near their offices. The parking lot was considered to be in the proximity of Americar's offices.

3 0
3 years ago
A key element of customer relationship management is to: Group of answer choices keep the price of goods as low as possible. dev
juin [17]

A key element of customer relationship management is to: develop a strategy to achieve the largest possible market share.

  • A company or other organization manages its relationships with consumers using a process called customer relationship management, which often involves studying a lot of data through data analysis.
  • CRM systems come in three basic categories: operational, analytical, and collaborative. Here's how to pick the best one to give your clients better conversational customer experiences.
  • Customer retention, loyalty, profitability, and satisfaction are the four pillars of customer relationship management.
  • A tool known as customer relationship management (CRM) is used to handle all interactions and relationships between your business and its clients. Simple is the aim: strengthen commercial ties. CRM systems assist businesses in maintaining contact with clients, streamlining procedures, and boosting profitability.

Thus this is the answer.

To learn more about CRM, refer:brainly.com/question/27993518

#SPJ4

3 0
1 year ago
The Single European Act was put in place in an attempt to Multiple Choice convince Great Britain to remain in the EU. determine
Pani-rosa [81]

Answer:

Remove all impediments to the formation of a single market.

Explanation:

The Single European Act was signed in Luxembourg and the Hague in 1986.

The goal fo the Act was to create a single market by 1992 among the members of the European Community.

A single market is an economic bloc when barriers to the transit of goods and services, and to the transit of the factors of production (labor and capital).

8 0
3 years ago
Other questions:
  • Sandy is tired of her boss as well as corporate America in general. She decides she would like to start a business where no one
    7·1 answer
  • David Spear invested $14,000 today in a fund that earns 10% compounded annually. Click here to view factor tables To what amount
    14·1 answer
  • What is demand? (Select the best answer.) The amount of something available to consumers The amount of something consumers want
    6·2 answers
  • A bank sent out questionnaires to a simple random sample of customers asking whether they would like the bank to extend its hour
    5·1 answer
  • g During the past year, a company had cash flow to creditors, an operating cash flow, and net capital spending of $30,591, $69,5
    15·1 answer
  • Use the data provided on Cadbury to answer the question below. The risk free rate is​ 4.25%. The expected return on the market p
    13·1 answer
  • Olamide is a manager at a catering company, organizing an upcoming wedding. she will need to allocate a portion of her staff to
    9·1 answer
  • 50 points <br><br>add my discord avani.#2956
    15·2 answers
  • Prob(Total time in process &gt; t) = EXP(-t/T) T = (1/(Rp - Ri)) = (1 / Rs) R = min(Ri, Rp) u=R/Rp Dominic runs an appliance rep
    15·1 answer
  • Using your economic knowledge and the information you learned about Oprah Winfrey compose a well-written three-paragraph biograp
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!