1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
RSB [31]
3 years ago
12

_____ is the incremental cost of wear and tear on an asset.

Business
1 answer:
Naddik [55]3 years ago
4 0
Marginal cost <span>is the incremental cost of wear and tear on an asset.</span>
You might be interested in
Prepare a bank reconciliation for Cole Co. assuming the following as of May 31. Use the worksheet provided in the Ch 7 Module: 1
goblinko [34]

Answer:

Cole Co.

Bank Reconciliation Statement

Balance as per cash account adjusted $112,933

add uncredited deposits                             11,317

less Outstanding checks                         -41,750

Balance as per bank statement            $82,500

Explanation:

a) Data and Calculations:

Cash account debit balance = $95,250

Bank statement balance = $82,500

Outstanding checks = $11,317

Credit memorandum $18,000

Collection fee $45

Check 1115 for Rent Expense of $1,350 transposed as $1,050 = $300 ($1,350 - $1050)

Uncredited deposits = $41,750

Interest earned = $28

Cash Account Adjustment:

Cash account debit balance        $95,250

Debit:

Credit memorandum                      18,000

Interest earned                                      28

Credit:

Collection fee                                       -45

Rent Expense (understated)             -300

Adjusted cash account balance $112,933

b) The bank reconciliation statement above was prepared after adjusting the cash account with items that were recorded by the bank but not recorded by Cole Co. and other misstatements.  With the adjusted cash account balance, the bank reconciliation was then carried out with the items that were not recorded by the bank.  The resulting figure should agree with the bank statement balance.

4 0
3 years ago
You have just won the state lottery and have two choices for collecting your winnings. You can collect $100,000 today or receive
WINSTONCH [101]

Answer:

The present value Option 1 = $100,000

The present value Option 2 =$97.368,57‬

Explanation:

The formula to calculate Present Values is equal to:

Present Value = FV / (1+r) ∧n

Let´s calculate Present Value for Option 2:

PV1 =   $20,000 / (1+0,10) ∧ 1= $18,181.82

PV2 =  $20,000 / (1+0,10) ∧ 2= $16,528.92

PV3 =  $20,000 / (1+0,10) ∧ 3= $15,026.29

PV4 =  $20,000 / (1+0,10) ∧ 4= $13,660.26

PV5 =  $20,000 / (1+0,10) ∧ 5= $12,418.42

PV6 =  $20,000 / (1+0,10) ∧ 6=  $11,289.47

PV7 =  $20,000 / (1+0,10) ∧ 7= $10,263.16

PV1 + PV2 +PV3 +PV4 + PV5 + PV6 + PV7 = $97.368,57‬

3 0
3 years ago
How are you guys today?
lianna [129]

Answer:

alright... i guess

Explanation:

(:(

3 0
3 years ago
The quality assurance committee has completed a study that reviewed preoperative and pathologic diagnosis. Upon review of the st
luda_lava [24]

Answer:

The given findings should be reviewed by the <u>tissue committee.</u>

Explanation:

The tissue committee is a committee in a hospital or health care facility that is responsible for preventing unnecessary surgeries, evaluating the performed surgeries and detecting delays in performing a surgical procedure.  This committee is also responsible for reviewing preoperative and postoperative diagnoses with the pathological findings.

<u>Therefore, the given findings should be reviewed by the </u><u>tissue committee.</u>

8 0
3 years ago
Sage Company is operating at 90% of capacity and is currently purchasing a part used in its manufacturing operations for $16.00
lara [203]

Answer:

$164,210 decrease

Explanation:

Calculation to determine what would be the amount of differential cost increase or decrease from making the part rather than purchasing it

Differential cost increase or decrease=(32,842 * 16)- (32,842 * 11)=

Differential cost increase or decrease=$525,472-$361,262

Differential cost increase or decrease=$164,210 decrease

Therefore what would be the amount of differential cost increase or decrease from making the part rather than purchasing it is $164,210 decrease

6 0
3 years ago
Other questions:
  • Allison engines corporation has established a target capital structure of 40 percent debt and 60 percent common equity. the firm
    7·1 answer
  • Bond Calculations: 1) Avon Products Note 06.5% Coupon: 6.500% Maturity 5 years Rating: Moodys: BAA3 Price: $108.093 Calculate: Y
    9·1 answer
  • The statement of cash flows for Baldwin Company shows what happens in the Cash account during the year. It can be seen as a summ
    12·1 answer
  • What is the difference between a public and a private corporation?
    10·1 answer
  • Value chain analysis is a tool used to:
    13·1 answer
  • Foyert Corp. requires a minimum $6,900 cash balance. If necessary, loans are taken to meet this requirement at a cost of 2% inte
    12·1 answer
  • A store has been selling skateboards at the price of $40 per board, and at this price, skaters have been buying 50 boards a mont
    14·1 answer
  • Sid Glasses recently paid a dividend of $1.70 per share, is currently expected to grow at a constant rate of 5% and has a requir
    7·1 answer
  • The relationship between the future value of a single sum and the corresponding present value of a single sum is determined by t
    6·1 answer
  • How does the mode of collaborating (e.g., strategic alliance, joint venture, licensing, outsourcing, collective research organiz
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!