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UkoKoshka [18]
3 years ago
14

Granite Company purchased a machine costing $137,000, terms 3/10, n/30. The machine was shipped FOB shipping point and freight c

harges were $3,700. The machine requires special mounting and wiring connections costing $11,700. When installing the machine, $3,200 in damages occurred. Compute the cost recorded for this machine assuming Granite paid within the discount period.
Business
1 answer:
sammy [17]3 years ago
5 0

Answer:

s

Explanation:

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Regarding a broker's commission, the California Business and Professions Code requires that in the sale of residential property
Harrizon [31]

Answer:

The remaining part of the question is:

They are set by each broker individually and may be negotiable between the seller and broker.” This clause must be printed:

1. In not less than 8-point boldface type.

2. In not less than 10-point boldface type.

3. In not less than 11-point boldface type.

4. In not less than 12-point boldface type.

Correct Answer:

2. In not less than 10-point boldface type.

Explanation:

<em>In-order to print the clause, the 10-point boldface type should be the minimum font on which the compensation clause is printed. It would make it easier to read.</em>

4 0
3 years ago
A spurious relationship occurs between two variables when:
Solnce55 [7]
Bovin and bogus are the 2 variablez used in a spurious relationship
6 0
4 years ago
Chuck, a single taxpayer, earns $75,000 in taxable income and $10,000 in interest from an investment in City of Heflin bonds. (U
scZoUnD [109]

Answer:

a. 24%

b. 12%

Explanation:

Marginal tax rate is an incremental tax rate that is paid out of the taxable income of a tax payer. It represents the rate at which the last unit of dollar of the taxable income is taxed. The marginal rate for each income bracket is supplied by the Internal Revenue Service (IRS).

                               Chuck Marginal Tax Rate

a) The marginal tax rate for Chuck if he earns additional $40,000 taxable income will be:

= $75,000 + $40,000

= $115,000

Marginal tax rate for $115,000 is 24% according IRS tax rate schedule.

b) If instead, it is an additional deduction of $40,0000, the marginal tax rate will be:

= $75,000 - $40,000

= $35,000

The marginal tax rate for taxable income of $35,000 is 12% according US tax rate schedule.

Note: the interest is categorized as interest from municipal bond, so it is tax free.

It is also assumed that Chuck is single. Hence, tax rate under single filer applies to him.

3 0
4 years ago
When does one country have an absolute advantage over another country?
Rashid [163]
A country with an absolute advantage over another country achieves this if their production costs are lower.

Absolute advantage means a company or individual out perform another more efficiently. In this case, if two companies are making a product and one selling them for the same price, but one company can make the product for cheaper, they have an absolute advantage. 
7 0
3 years ago
How can the government promote industrial development in south africa?​
quester [9]

Answer:

<em>The growth center concept has formed the cornerstone of industrial development policy in South Africa since apartheid was introduced as a constitutional model in 1948. This paper attempts to recapture the evolutionary development of industrial policy in South Africa and to underline prominent deficiencies in present industrial development policy. South African industrial policy continues the segregation practices of the past, despite the government's repeated statements in recent years that it intends to move away from the concept of apartheid. Guidelines for a revision in industrial development thinking based on sound economic principles rather than concealed political practices are suggested for the country.</em>

8 0
3 years ago
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