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loris [4]
2 years ago
11

The purchase of new car is included in: investment expenditure consumption expenditure on services consumption expenditure on no

ndurable goods consumption expenditures on durable goods
Business
1 answer:
dimaraw [331]2 years ago
3 0

Answer:

Consumption expenditure on durable goods

Explanation:

Consumption expenditure includes expenditure on goods which are used for final consumption by households. This can be further classified into,

i) Expenditure on durable goods that is goods that can be used over a longer life span such as cars, furniture, refrigerator, etc

ii) Expenditure on non-durable goods that are goods that have a short-life span and thus must be stored for a longer time such as food, clothing, etc

iii) Expenditure on services  such as banking, insurance, traveling, etc

Thus, purchase of a new car is included in consumption expenditure on durable goods.  

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A factory machine was purchased for $216000 on January 1, 2022. It was estimated that it would have a $40000 salvage value at th
Gelneren [198K]

Answer:

b. $17600

Explanation:

The computation of the amount of depreciation expense for the year 2022 is shown below:

But before that first we have to find out the per hour rate which is

Units-of-production method:

= (Original cost - residual value) ÷ (estimated production)  

= ($216,000 - $40,000) ÷ (55,000 hours)

= ($176,000) ÷ (55,000 hours)  

= $3.2 per hour

Now for the 2022 year, it would be  

= Machine runs in 2022 year × depreciation per hour

= 5,500 hours × $3.2

= $17,600

5 0
3 years ago
what are the documents required by department of trade and industry when registering for a private company
meriva

Social security for employee profiling, insurances, and other employee and company benefits

Business permit, so that your business is legal and has passed through the scrutiny of safety and reliability

<span>Tax identification  to ensure that in every profit you gain, you will be giving a part of it to the country to improve its services</span>
6 0
3 years ago
What is an example of a flame?
Dafna1 [17]

The answer is C , I just took the test

5 0
3 years ago
Read 2 more answers
Hormel offers its food distributors a discount of 15 percent for payment within 10 days on orders of all Jiffy brand products. H
Feliz [49]

Hormel is giving its customers a cash discount.

<h3>What is cash discount?</h3>

Cash discount is the discount a seller give to a buyer by reducing the amount the buyer was supposed to pay because the buyer make his payment earlier.

Based on the given scenario Hormel offers is offering its  food distributors a discount of 15 percent if the distributor paid within the stipulated time or period of  10 days.

Inconclusion Hormel is giving its customers a cash discount.

Learn more about cash discount here:brainly.com/question/14883253

4 0
2 years ago
The cost to manufacture one unit of Killian Audio Products' best-selling hearing aid, the Zone, is $67.50. The CFO of the compan
ikadub [295]

Answer:

Economies of scale

Explanation:

Economies of scale refers to reducing total costs per unit by increasing total output. All companies have certain fixed costs, some companies have higher fixed costs than others, but they always exist. When you are producing something, the cost equation is production costs = variable costs per unit + average fixed costs per unit.

Variable costs vary directly with output, while fixed costs do not, e.g. salaries can be fixed, depreciation, rent, interests, etc. The higher the output, the lower the average fixed cost per unit.

Also, sometimes variable costs can also decrease as total output increases. E.g. you can get higher discounts for purchasing larger quantities of materials and supplies.

4 0
3 years ago
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