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Pavel [41]
3 years ago
6

Fogelberg Company purchased equipment for $12,000. Sales tax on the purchase was $600. Other costs incurred were freight charges

of $240, repairs of $420 for damage during installation, and installation costs of $270. What is the cost of the equipment?
a $12,000.00
b $13,530.00
c $12,600.00
d $13,110.00
Business
1 answer:
Step2247 [10]3 years ago
5 0

Answer : The correct option is, (d) $13,110.00

Explanation : Given,

Price when company purchased equipment = $12000

Sales tax price = $600

Freight charges = $240

Damage charges = $420

Installation costs = $270

Now we have to determine the total cost of the equipment.

Total cost of the equipment = Purchased price + Sales tax price + Freight charges + Installation costs

Total cost of the equipment = $12000 + $600 + $240 + $270

Total cost of the equipment = $13110.00

Thus, the total cost of the equipment is, $13110.00

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A ________ externality exists when the number of customers who purchase a good or use it influences the quantity demanded.
aleksandrvk [35]

Answer: network

Explanation:

Network externality simply states that demand for a good or service has to do with how other people demand for that particular good or service. It means consumer's buying patterns are influenced by the purchase of others buying the product.

Therefore, a network externality exists when the number of customers who purchase a good or use it influences the quantity demanded.

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4 years ago
Which of the following statements holds true for electronic social networks? Their key use is to anonymously share ideas in an u
slamgirl [31]

Answer:Their key use is to discover and reinforce affiliations, identify experts, message individuals or groups, and virally share media.

Explanation:Social networks are networks that imbibe or encourage sharing media while developing strong interactive sessions over time.

Electronic social networks help different users of a particular network maintain contacts, discover and discuss a common topic, share updates and encourage diversity.

Social networks supports messaging services either private or public/ group discussions.

Websites for social networking and microblogging form the atmosphere through which users are able to create groups online to share information and ideas,then Social Networking helps to create and maintain a balance of personal and general discussions in the network space.

8 0
3 years ago
Read 2 more answers
the yield to maturity:a.) that is expected will be realized any time a bond is sold.b.) will exceed the coupon tate when the bon
s2008m [1.1K]

Answer:

The correct answer is letter "D": can only be realized if a bond is purchased on the issue date at par valuee

Explanation:

The Yield to Maturity or YTM -also called book yield or redemption yield- is the anticipated return of a bond if the bond is held until maturity. YTM is expressed as an annual rate and it accounts for what all of the bonds' coupons future payments are worth today after present value.

6 0
3 years ago
You are comparing two annuities that offer quarterly payments of $2,500 for five years and pay .75 percent interest per month. Y
shepuryov [24]

Answer:

The answer is: Annuity B has a smaller present value than annuity A.

Explanation:

The present value is the current value of a future cash flow. Money today is worth more than money earned tomorrow or in a year. So the sooner you receive a payment, its present value will be higher.

For this question, annuity A starts paying TODAY (higher present value), while annuity B starts paying in ONE MONTH.

7 0
3 years ago
There are two machines for sale that you are considering purchasing for your sawmill to produce hardwood flooring. You want to f
vladimir2022 [97]

Answer:

1. The Cpk of machine 1 would be 0.952

2. The Cpk of machine 2 would be 1.111

3.  I would buy machine 2, because the Cpk value is more than 1.

4. The Cpk would be 2.222

Explanation:

1. In order to calculate the Cpk of machine 1 we would have to use to following formula:

Process capability index: Cpk= Min [(mean-L spec)/3sd; (U spec-mean)/3sd]

According to given data:

In machine 1, mean= 48mm

L spec= 46

U spec= 50

Standard deviation sd= 0.7

Therefore, Cpk of machine 1= [0.952;0.952]= 0.952

1. In order to calculate the Cpk of machine 2 we would have to use to following formula:

Process capability index: Cpk= Min [(mean-L spec)/3sd; (U spec-mean)/3sd]

According to given data:

In machine 2, mean= 47

L spec= 46

U spec= 50

Standard deviation sd= 0.3

Therefore, Cpk of machine 2= [1.111;3.333]= 1.111

3. If my goal is to be capable, I would buy machine 2, because the Cpk value is more than 1.

4. If you combine the best of both machines to calculate the cpk we to make the following calculation:

Combination specification, mean= 48 and L spec= 46 and U spec= 50, Standard deviation sd= 0.3

Therefore, Cpk= [2.222;2.222]= 2.222

5 0
3 years ago
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