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BartSMP [9]
3 years ago
6

Intel buys a manufacturing machine for $100,000 for use in making computer processors. The company also paid 7% ($7,000) sales t

ax on the machine. It cost $3,000 to ship the machine to Intel's plant. Intel paid an additional $1,500 to have the machine installed and tested for initial use. Each month, the machine requires $1,000 worth of oil and supplies to keep running. What is the machine's original cost basis (also called book value) that the firm records on the balance sheet
Business
1 answer:
Vadim26 [7]3 years ago
3 0

Answer:

$110,000

Explanation:

Calculation for What is the machine's original cost basis that the firm records on the balance sheet

Machine's Original cost basis

Machine Cost $100,000

Add Sales Tax $7,000

Add Shipping Cost $3,000

Machine's Original cost basis $110,000

($100,000+$7,000+$3,000)

Therefore the machine's original cost basis that the firm records on the balance sheet will be $110,000

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Based on the scenario, who is most affected by the situation taking place within Country D? the government of Country D the work
Alexeev081 [22]

Answer:

the government, workers, and businesses of Country D

Explanation:

This reading describes a high inflation scenario where the general prices of goods and services is increasing more rapidly than household income. The problem with high inflation is that it reduces overall demand, which in turn lowers the entire GDP since consumption is by far the largest component of the GDP (in every single country, including D).

Once consumption starts to fall, a domino effect takes place and the businesses are negatively affected, and they are forced to lay off workers, and the government is also affected because their revenue decreases and their spending increases.

3 0
3 years ago
Cassidy is planning to obtain a loan from her bank for $210,000 for a new home. the bank has approved cassidy’s loan at a fixed
Grace [21]

Cassidy's approximate monthly payment stands at $1420. if Cassidy lives planning to obtain a loan from her bank for $210,000 for a new home.

<h3>What is the payment monthly?</h3>

The monthly payment is the quantity paid per month to pay off the loan in the time period of the loan. When a loan is taken out it isn't only the top amount, or the original payment loaned out, that needs to be repaid, but also the good that accumulates.

<h3>What is a loan amortization schedule?</h3>

It is described as the systematic method of representing loan payments according to the time in which the principal amount and interest exist mentioned in a list manner

It is given that:

  • Cassidy lives planning to obtain a loan from her bank for $210,000 for a new home.
  • A fixed annual interest rate of 2.7% compounded monthly for 15 years.

The formula is:

P=F_{P} (i)/1-(1+i)^{-1}

Plug all the values in the above formula:

P=210000(2.7/12)/1-(1+(2.7/12)^{-15*12}

$1420.

Hence,

Cassidy's approximate monthly payment stands at $1420.

To learn more about monthly payment, refer

brainly.com/question/2151013

#SPJ4

4 0
1 year ago
Today, Jamie, a police officer with a big-city force, apprehended a suspect
HACTEHA [7]
<h3><u>Full Question:</u></h3>

Today, Jamie, a police officer with a big-city force, apprehended a suspect

fleeing the scene of a convenience store robbery. The suspect ran for three

blocks before Jamie managed to tackle and handcuff him and read him his

rights, by which time other officers had arrived on the scene to take him

down to the station for booking. Jamie later described the situation to family

and friends as "all in a day's work," but in organizational terms this is an

example of

The options are:

A) job performance.

B) citizenship behavior.

C) routine task performance.

D) creative task performance.

E) adaptive task performance.

Adaptive task performance.

<h3><u>Explanation:</u></h3>

The process by which the individual transforms the resources of organisation into some useful goods and services is called task performance. When the task demand for a particular product or services is in a known pattern and routine in nature it is called as routine task performance.

In an adaptive task performance, there will an unpredictable way of responses form the employees. this is also called as adaptability. The task demand will not be usual in this case. The scenario given can be considered as an Adaptive task performance in terms of an organisational context.

4 0
3 years ago
Eastview Company uses a perpetual LIFO inventory system, and has the following purchases and sales:
Rom4ik [11]

Answer:

The value of cost of goods sold is $2,730 as shown below

Explanation:

The sale of 120 units made on January 17 is valued at $1,080  (120*$9) taking from stock purchased last on January 1

The sale of 160 units on January 29 is valued at $1,650    (150 units*$11) taking the items purchased last on January 20

The cost of goods sold =$1,080+$1,650

Cost of goods sold=$2,730

The value of closing inventory=30*$9+10*$11

                                                   =$270+$110

                                                   =$380

Hence value of costs of good sold is $2,730 while closing inventory is valued at $380

           

7 0
3 years ago
Diversification tends to increase portfolio performance, because:____.
AfilCa [17]

Answer:

D. A diverse portfolio is more likely to have a stock inside of it that performs amazingly well.

Explanation:

Diversification of portfolio means adding different stocks / shares in investment portfolio.

Option D is correct because when we have different kind of stock, there are chances that if one fails to perform, one can outperform and it is likely to have a stock which can perform amazingly well.

Now we will see that why all the options are incorrect one by one.

option A is not true because it is not necessary that diverse portfolio cannot fail altogether. So it cannot be guaranteed that it will have higher return for sure.

Option B is not true as diverse portfolio cannot have lower volatility if all perform like same.

Option C is also incorrect as correlation is not necessary in diverse portfolio.

5 0
3 years ago
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