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Luden [163]
3 years ago
13

Machinery was purchased for $380000. Freight charges amounted to $16000 and there was a cost of $30000 for building a foundation

and installing the machinery. It is estimated that the machinery will have a $50000 salvage value at the end of its 4-year useful life. Depreciation expense each year using the straight-line method will be
Business
1 answer:
Charra [1.4K]3 years ago
5 0

Answer:

51501 \times 52512282 - 2.

uashrbabbesb

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· Value of $1 U.S. in pesos is 10.34
raketka [301]

The answer is D) 1034 pesos

You can solve this equation by using the simple equation of 10.34 x 100. Hope this helps you!

7 0
3 years ago
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Moe sells “bulk up” steroids over the internet. he is arrested and charged with the sale of a controlled substance. this is cybe
alekssr [168]
A crime that occurs the virtual community of the internet
7 0
4 years ago
On March 14, Teal Co. accepted a 120dau, 6% note in the amount of $10,000 from AZC Co., a customer. On the due date of the note,
valkas [14]

Answer:

The journal entry that Teal would make to record payment of this note would include a credit to: c) Interest revenue for $200

Explanation:

On March 14, Teal Co. accepted a 120 days, 6% note in the amount of $10,000 from AZC Co.

The entry:

Debit Note receivable $10,000

Credit Accounts receivable $10,000

Assuming that a year of calculating interest has 360 days. On the due date of the note, AZC honors the note and pays in full, include the interest of 120 days:

$10,000 x 6% x 120/360 = $200

The entry that Teal would make:

Debit Cash $10,200

Credit Note receivable $10,000

Credit Interest revenue $200

8 0
3 years ago
A commercial bank holds $500,000 in checkable deposits liabilities and $120,000 in reserves. If the required reserve ratio is 20
scZoUnD [109]

Answer: E.) Amount created by Single Bank $20,000 and Amount Created by Banking System $100,000

Explanation:

The required reserve ratio = 20%

Checkable deposit liabilities = $500,000

Reserve = $120,000

The required reserve refers to a designated percentage of a commercial bank's deposit which is the minimum that must be held by a commercial bank. Regulation is usuay pronounced by the central bank of the nation.

Banking system loan increase :

Reserve ratio × Checkable deposit liabilities

20% × $500,000 = 100,000

Commercial bank maximum

Reserve amount - required reserve amount

$120,000 - (0.2 × 500,000)

$120,000 - $100,000 = $20,000

7 0
4 years ago
Jeff was in a department store standing near a clothing rack. Store security felt that he was acting suspiciously because he was
liraira [26]

Answer:

c. No; the facts of this situation do not provide reasonable grounds for a stop and search. Any attempt to do so by store security could result in a claim of false imprisonment.

Explanation:

According to the situation described in the question above, store security has no right to stop and search for Jeff. Therefore, the letter c is the most correct answer to this question.

Jeff's actions in the store do not provide sufficient reasons for there to be any kind of stop and research, as the facts in the situation do not provide enough information about an illegal act, so if store security forces a situation there could be legal damage to the store .

Therefore, it is essential that stores adopt a theft prevention strategy, with an effective security system and a team prepared to carry out correct approaches.

4 0
3 years ago
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