List 5 factors that you would be looking for when buying a used car.

Vijay Inc. purchased a three-acre tract of land for a building site for $260,000. On the land was a building with an appraised v

puteri [66]

Answer:

$273,840

Explanation:

The Cost of of an item of Property, Plant and Equipment according to IAS 16 include the purchase price and any directly related costs incurred in bringing the asset in the condition and location for operation as intended by management.

<u>Calculation of the Cost of Land</u>

Purchase Price $260,000

Cost after proceeds to demolish old building($11,300 - $1,670) $9,630

Insurance $830

Legal Fees $420

Property taxes ( $3,300 - $170) $3,130

Capitalized Cost $273,840

3 0

2 years ago

A business traveler joined the Starwood Preferred Guest Program in order to earn points each time he stayed overnight in a Westi

Anton [14]

Answer:

If it were up to me, i'd go with C, but feel free to correct me if i'm wrong

Explanation:

In customer relationship management (CRM), customer valuation is a scoring process used to help a company determine which customers the company should target in order to maximize profit.

This directly relates to the scenario were looking at. Sheraton might see that this guy goes there a lot, and wants to make him feel like hes getting a great deal, so he will continue to stay there. Technically he is getting a good deal, but it isn't going to change Sheraton's profits much.

4 0

2 years ago

2. Pure Water is considering buying new production equipment. The new equipment will increase fixed costs by $200,000 per year a

BARSIC [14]

Answer and Explanation:

The computation is shown below:

But before that we need to do the following calculations which are shown below:

The Contribution per unit of faucet is

= $75 - $15

= $60

And, the Contribution per unit of pitcher filter is

= $100 - $30

= $70

Now Contribution per unit in present sales mix is

= [($60 × 2) + ($70 × 3)] ÷ 5

= ($120 + $210) ÷ 5

= $66 per unit

And

The Fixed cost is

= $1,000,000 + $200,000

= $1,200,000

Now

Break even units is

= $1,200,000 ÷ $66 per unit

= 18,181.81 units

For faucet, it is

= (18,181.81 × 2) ÷ 5

= 7,272.72 units

For pitcher filter, it is

= (18,181.81 × 3) ÷ 5

= 10,909.086 units

4 0

2 years ago

Xinhong Company is considering replacing one of its manufacturing machines. The machine has a book value of $43,000 and a remain

Nadya [2.5K]

Answer:

Option A financial disadventage of 21,200

Option B financial advantage of 26,000

The company should go for alternative B

Explanation:

old A Differential

Purchase -119000 -119,000

Proceeds from sale 53,000 53,000

Variable cost -134,000 -89,200 44,800

Total -134000 -155200 -21,200

old B Differential

Purchase -117000 -117,000

Proceeds from sale 53,000 53,000

Variable cost -134,000 -44,000 90,000

Total -134000 -108000 26,000

<u>Notes:</u>

The book value is irrelevant for this question.
When going for either alternative we are selling the old machine at their fair value. So we have proceeds from the sale
Then the variable cost of the old and each alternative are multiply by 4 becuase, that is the useful life of the machines in year.
We add them all and check the difference

Alternative A has a negative differential income, so it is not viable

Alternative B has a positive differential income, it is viable.

5 0

3 years ago

Assume a contract for the sale of goods specifies that the seller will receive cash 20 months after delivery of a product. The s

UkoKoshka [18]

Answer:

D. Recognize interest revenue.

Explanation:

A dollar received today is worth more than a dollar received tomorrow. The seller will recognize revenue at the Present Value of the amount that he expects to get in 20 months time. That is recognize interest revenue

8 0

2 years ago

List 5 factors that ​you ​would be looking for when buying a used car.

List 5 factors that you would be looking for when buying a used car.