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ahrayia [7]
3 years ago
11

The new proposed project needs to use an expensive medical equipment that is already owned by the company. The purchase price of

this equipment is $640,000 . The company also spent $71,000 to update its operating software. The equipment recieved a recent market bid from an interested buyer of $768,000. The current book value of $525,000. If the company decides to use this equipment for the new project , what value should we use for this equipment to be included in the initial cash flow of the project
Business
1 answer:
san4es73 [151]3 years ago
5 0

Answer:

$525,000

Explanation:

Given that

The purchase price of an equipment $640,000

The company spend on operating software is $71,000

The recent market bid is $768,000

And, the current book value is $525,000

As the company decided to use the equipment for the new project so the amount that should be included in the initial cash flow would be $525,000 as the same would be presented on the balance sheet. It would be the cash outflow for the company

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Customer discrimination occurs when customers refuse to buy products produced by a racially diverse workforce. a firm pays worke
malfutka [58]

Answer:

customers refuse to buy products produced by a racially diverse workforce

Explanation:

Customer discrimination is an occurrence when customers don't want anything to do with a group of people or a particular race. Any product or service from such people are not appreciated, they don't have interest as a result of feeling superior.

3 0
3 years ago
The Tobler Company has budgeted production for next year as follows: Quarter First Second Third Fourth Production in Units 10,00
Paha777 [63]

Answer:

The correct answer is 63,200 kg.

Explanation:

According to the scenario, the computation of the given data are as follows:

Raw material required for production = Production in units × req. raw material per unit

= 16,000 units × 4 kg

= 64,000 kg.

Beginning inventory = (64,000 kg) × 10%

= 6,400 kg

Ending inventory = ( 14,000 × 4 kg) × 10%

= 56,000 kg × 10%

= 5,600 kg

So, we can calculate the budgeted purchases of raw materials by using following formula:

Budgeted purchases of raw materials = Raw material required for production + Ending inventory  - Beginning inventory

= 64,000 kg + 5,600 kg - 6,400 kg

= 63,200 kg

3 0
3 years ago
When a firm issues 50,000 shares with a par value of $5 for $22 per share, additional paid-in capital will:
Aloiza [94]

Answer:

The additional paid-in capital will increase by $850,000

Explanation:

Additional paid up capital: It is that paid up capital which is excess of par value. It is mentioned in the balance sheet when new shares is issued.

The computation of additional paid up capital are shown below:

= Difference of per share price × Number of shares

where,

difference = $22 - $5 = $17

So, the value equals to

= $17 × 50,000

= $850,000

So, the additional paid-in capital will increase by $850,000

6 0
3 years ago
At the end of the year, a company has a balance in Allowance for Uncollectible Accounts of $2,200 (credit) before any year-end a
Lapatulllka [165]

Answer: Debit Bad debt expense $7,300; Credit Allowance for doubtful accounts $7,300.

Explanation: 5% of accounts receivable of $190,000 is $9,500. Remember the credit balance in Allowance for uncollectible accounts is $2,200 prior to any adjustment and this reports to the balance sheet. To reinstate this account to the required provision for uncollectible amount of $9,500, we need to adjust for the difference (that is, $9,500 minus $2,200 existing balance), which is $7,300. <u>Then, the entries above would be recorded. </u>

<u />

3 0
3 years ago
If the demand for product x is inelastic, a 4 percent decrease in the price of x will.
NeTakaya

A 4 percent decrease in the price will lead to an increase in the quantity demanded by less than 4 percent.

<h3>What is demand?</h3>

Demand simply means the amount of goods and services that a buyer wants to buy at a particular price and time.

When the demand for product x is inelastic, a 4 percent decrease in the price of x will lead to an increase in the quantity demanded by less than 4 percent.

Learn more about demand on:

brainly.com/question/1245771

3 0
2 years ago
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