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
Kisachek [45]
4 years ago
14

Novak Company purchased Machine #201 on May 1, 2020. The following information relating to Machine #201 was gathered at the end

of May. Price $127,500 Credit terms 2/10, n/30 Freight-in $ 1,200 Preparation and installation costs $ 5,700 Labor costs during regular production operations $15,750 It is expected that the machine could be used for 10 years, after which the salvage value would be zero. Novak intends to use the machine for only 8 years, however, after which it expects to be able to sell it for $2,250. The invoice for Machine #201 was paid May 5, 2020. Novak uses the calendar year as the basis for the preparation of financial statements.
Business
1 answer:
blondinia [14]4 years ago
5 0

Answer:

i am stuck as well

Explanation:

You might be interested in
How can problem solving skills assist a grade 12 leaver in the world of work
iVinArrow [24]

Answer:

what is a warm front occlusion

6 0
2 years ago
Read 2 more answers
Which type of entrepreneurs utilizes a chance to introduce a new technique or new product?.
Nataliya [291]

An innovative entrepreneur utilizes a chance to introduce a new technique or new product. Thus, option A is correct.

<h3>Who are entrepreneurs?</h3>

A person that begins a new firm, taking on the majority of the difficulties and reaping the majority of such gains, is known as an entrepreneur.

An innovative entrepreneur is a person who usually brings into the market or is in the process of making new technology changes or a creative idea that would help to boost efficiency, time management, quality, or with the development of a new product. Therefore, option A is the correct option.

Learn more about entrepreneurs, here:

brainly.com/question/13897585

#SPJ4

The question is incomplete, the complete question will be:

a. Innovative entrepreneur

b. Instigated entrepreneur

c. Initiative entrepreneur

d. Fabian entrepreneur

5 0
1 year ago
Approximately 85% of the customers at Hanson’s Furniture Store purchase furniture using store credit. The store’s average collec
Ket [755]

Answer:

Explanation:

Using or applying a Net 30 payment terms, having an average collection time of 75 days with the customers, Hanson's furniture store, are to either reduce their store credit option, so as to encourage let's say within 45% of their store credit customers to be able to pay upon receipt, or reduce their operating period. Which is the best option for the store to maintain minimum cash balance.

6 0
3 years ago
Read 2 more answers
Question 7 of 20
andriy [413]

Answer:

B. Proactivity

Explanation:

A,p,e,x

5 0
3 years ago
William and Theodore have decided to start a travel business called Excellent Adventures. Since their business primarily involve
likoan [24]

Answer:

Corporation

Explanation:

The reason is that the company provides laibility shield and also a great opportunity to raise finance through listing in the stock exchange. Furthermore the tax rates in the limited partnerships is higher than the companies required that the profits are not distributed to its shareholders. However in the corporation legal form can be used to defer the income tax by not issuing dividends and reinvesting that money in the business (Tax benefits).

So the best legal form of business is corporation.

4 0
3 years ago
Other questions:
  • There are the four main legal structures for a business in the United States. Which two of these protect your personal liability
    12·1 answer
  • Mars Corp. is choosing between two different capital investment proposals. Machine A has a useful life of four years, and machin
    7·1 answer
  • A man works for a marketing firm that has just landed a contract with Run-of-the-Mills to help them promote three of their produ
    10·1 answer
  • What is the difference between the value of a​ firm's final product and the value added by the firm to the final​ product?
    13·1 answer
  • An analysis of Baker, Inc.'s operating income for the last two years showed the following: Operating income for 2011 $1,200,000
    10·1 answer
  • Maggie suffers from low self-esteem
    14·1 answer
  • Cinnamon Buns Co. (CBC) started 2021 with $53,500 of merchandise on hand. During 2021, $283,000 in merchandise was purchased on
    6·1 answer
  • The terms of sale are best defined as the
    9·1 answer
  • Kenesha Co. reported income before interest expense and income taxes of $30,000; interest expense of $3,000; and income taxes of
    6·1 answer
  • The part of a disaster recovery policy that identifies the organizational units and groups of employees to which the policy appl
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!