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emmainna [20.7K]
3 years ago
15

Whispering Winds Corp. purchased a delivery van with a $52000 list price. The company was given a $4200 cash discount by the dea

ler and paid $2700 sales tax. Annual insurance on the van is $1400. As a result of the purchase, by how much will Whispering Winds Corp. increase its van account?
Business
1 answer:
Alex777 [14]3 years ago
4 0

Answer:

$50,500

Explanation:

Calculation for by how much will Whispering Winds Corp. increase its van account

Using this formula

Increase in Van account =List price- Cash discount + Sales tax paid

Let plug in the formula

Increase in Van account=$52,000-$4,200+2,700

Increase in Van account=$50,500

Therefore by how much will Whispering Winds Corp. increase its van account will be $50,500

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nalin [4]

Answer: Crea una LLC o Corporación. ...

Registre su nombre comercial. ...

Solicite un número de identificación fiscal federal. ...

Determine si necesita un número de identificación fiscal estatal. ...

Obtenga permisos y licencias comerciales. ...

Proteja su negocio con un seguro. ...

Abra una cuenta bancaria comercial.

Explanation:

6 0
2 years ago
Lilliput is a country that has closed borders and does not import or export any goods or services; hence, they do not worry abou
sattari [20]

Answer:

The formula to calculate the Budget Balance is

Government Income - Government Expenditure

in this case

$1.05 billion - $1.06 billion = -<u> 0.01 billion or - $100 million</u>

Explanation:

A budget balance is reached when a government expenditures are equal to it's income.

In this case, since the country's only source of income it is slightly less than than what is required to run the government, it has a budget deficient.

Since the country does not export or trade with outside countries, the government will need to take out a loan to make up for this deficient.

5 0
3 years ago
Multiple choice!
kodGreya [7K]

Answer:

Spillover cost.

Explanation:

Spillover cost refers to those costs or changes in the value of a certain good that are caused by issues external to the intrinsic characteristics of said good. Thus, for example, external influences such as limitations on oil extraction or the development of electric cars can generate a massive drop in the prices of conventional gasoline cars. Another clear example of this situation is the one described in the question, where a negative change in a certain neighborhood can lower the prices of the houses found there.

7 0
2 years ago
During the ____________step in activity-based costing, overhead costs in each activity cost pool are assigned to products.
KonstantinChe [14]

Answer:

d. fourth

Explanation:

Activity-based costing involves the following steps:

-First step: establish the activities that use resources and assign the costs to them.

-Second step: identify what causes the costs in each activity and this would be the allocation base.

-Third step: find an activity rate.

-Fourth step: assign costs to the products according to the activity usage by the product.

According to this, the answer is that during the fourth step in activity-based costing, overhead costs in each activity cost pool are assigned to products.

5 0
3 years ago
Dividends paid is equal to
scoundrel [369]

Answer:

B . Free cash flow less cash provided by operations and capital expenditures.

Explanation:

In Business, dividends can be defined as share of profits and retained earnings that a publicly listed company pays out to its investors or shareholders for investing into the business venture.

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3 years ago
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