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3241004551 [841]
3 years ago
6

Indicate whether or not each expenditure would be included in the cost of acquisition for each item below. The answer box provid

es two options, Yes (if the expenditure would be included ) or No, (if the expenditure would not be included.) Group of answer choices Cost testing materials and labor in testing a purchased machine before use Yes Compensation for injury to construction worker [ Choose ] Cost of overhaul to a used machine purchased before initial use [ Choose ] Cost of tearing down a building on newly acquired land [ Choose ] Repairs to a new machine damaged while moving it into place for use.
Business
1 answer:
sineoko [7]3 years ago
3 0

Answer:

Cost testing materials and labor in testing a purchased machine before use

Answer: Yes

Reason: The cost of materials and labor used in testing a machine can be capitalized.

Compensation for injury to construction worker

Answer: No

Reason: Compensation for injury to construction worker is not a capitalized expense.

Cost of overhaul to a used machine purchased before initial use

Answer: Yes

Reason: Cost of overhaul is a Capital expense because it was required to bring the machine to usable condition.

Cost of tearing down a building on newly acquired land

Answer: Yes

Reason: Cost of Tearing down a building is considered as capital cost for Land and should be added to the Land account.

Repairs to a new machine damaged while moving it into place for use

Answer: No

Reason: Repair costs are generally not capitalized.

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Moshi and her best friend have phrases they use with each other that have specific meanings. For example, when they’re upset abo
Bingel [31]

Answer:

Moshi and her best friend have agreed on the meanings of each of the symbols.

Explanation:

A symbol is a thing that is used to represent something else, particularly when a physical object is used to represent an abstract thing.

Therefore, those phrases used by Moshi and her best friend are symbols they have jointly agreed upon to use as representations specific meanings. They are effective because of their joint agreement on them. Any other phrases that they have not jointly agreed upon will have no meaning to them and they will not be effective.

4 0
3 years ago
The capitalized cost of any investment may be determined using the equation P = A/i where P is the capitalized cost, A is the an
statuscvo [17]

Answer: True

Explanation: The matching principle is used to compute capitalized costs by companies and it records expenses in the same period as the related revenues by matching the cost of an asset to the time periods in which it is used, and is therefore generating revenue.

Capitalized cost is also given as the present worth of cash flows which go on for an infinite period of time. In other words, the worth of cash flows does not leave the company when items are purchased. This is because the monetary value  is retained in the form of a fixed or intangible asset.

The capitalized cost of any investment can be determined using the equation, P = A/i.  Where P is the capitalized cost, A is the annual amount and i is the interest rate.

7 0
3 years ago
Emily had an excellent year as a salesperson in 2015, earning $97,000. she paid $37,000 for necessities such as mortgage, food,
ycow [4]

Discretionary income is the amount of money remaining from her income after paying federal taxes, other mandatory charges, and necessary expenditures for living. In this situation, Emily is earning a gross income of $97,000. When you deduct her necessary expenditures for mortgage, food, and clothing in the amount of $37,000 and her federal income taxes in the amount of $24,000 from her gross income, you can get her discretionary income which is $36,000.

4 0
3 years ago
Question 1 with 1 blankA man pulling a garage bag out of a can in a kitchen. Ramón Question 2 with 1 blankA woman in a bedroom p
qaws [65]

Explanation:

The following is contextual translation of the <em>English</em> sentences to Spanish sentences:

Question 1:

Un hombre sacando una bolsa de garaje de una lata en una cocina.

Question 2:

Una mujer en un dormitorio poner una hoja en una cama.

Question 3:

Un hombre de pie en una sala de estar aspirando una alfombra.

Question 4:

Una mujer en un estudio desempolva un escritorio con un paño.

8 0
3 years ago
If the world's population increased exponentially from 5.937 billion in 1998 to 6.771 billion in 2008 and continued to increase
Vaselesa [24]

Answer:

The world's population would have been 7.1137 billion in 2012, and this is 0.0437 billion (i.e. 7.1137 - 7.07 = 0.0437) higher compared to the population reference bureau estimate of 7.07 billion in July 2012.

Explanation:

This can be computed using the following exponential formula:

P(t) = P(0)a^t ............................ (1)

Where;

P(t) = World population in year t.

P(0) = World population in year 0 which is 1998 = 5.937 billion

a = base = ?

t = number of years

Substituting the value into equation (1), we have:

P(t) = 5.937 * a^t .......................................... (2)

Since we have 10 years from 1998 to 2008 (i.e. 2008 - 1998 = 10), we have:

P(t) = P(10) = World population in 2008 = 6.771 billion

t = 10

Substituting the value into equation (2) and solve for a, we have:

6.771 = 5.937 * a^10

a^10 = 6.771 / 5.937

a^10 = 1.1405

a = \sqrt[10]{1.405}

a = 1.013

Since we have 14 years from 1998 to 2012 (i.e. 2012 - 1998 = 14), we now have:

P(t) = P(14) = World population in 2012 = ?

P(0) = World population in year 0 which is 1998 = 5.937 billion

a = 1.013 as already calculated above

t = 14

Substituting the value into equation (1), we have:

P(14) = 5.937 * 1.013^14

P(14) = 5.937 * 1.192

P(14) = 7.1137 billion

Therefore, the world's population would have been 7.1137 billion in 2012, and this is 0.0437 billion (i.e. 7.1137 - 7.07 = 0.0437) higher compared to the population reference bureau estimate of 7.07 billion in july 2012.

6 0
3 years ago
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