Answer: Please refer to Explanation
Explanation:
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I have attached it to this answer.
1.Paid $7,000 of accrued taxes at the time the plant site was acquired. LAND because it was an expense that was needed to acquire the land so it is capitalized
2. Paid $200 insurance to cover a possible accident loss on new factory machinery while the machinery was in transit. EQUIPMENT
3. Paid $850 sales taxes on a new delivery truck. EQUIPMENT.
4. Paid $21,000 for parking lots and driveways on the new plant site. choose an account title. LAND IMPROVEMENTS.
5. Paid $250 to have the company name and slogan painted on the new delivery truck. choose an account title. EQUIPMENT
6. Paid $8,000 for installation of new factory machinery. choose an account title. EQUIPMENT
7. Paid $900 for a 2-year accident insurance policy on the new delivery truck. choose an account title. PREPAID INSURANCE
8. Paid $75 motor vehicle license fee on the new truck. LICENSE EXPENSE.
Answer: B) $13.89 per share
Explanation:
In order to find the net asset value or NAV of a mutual fund we have to know the liabilities and assets that fund has as of the date that we want to calculate the NAV. Then we will subtract its total liabilities from its total assets. Then we will divide that number by the number of shares to find the net asset value.
Total assets = 750 million
Total liabilities = 125 million
Current shares outstanding = 45 million
(750 million - 125 million)/45 million =13.89
Answer:
1. 10s
2. Slower than normal
Explanation:
1. To calculate the normal time, we first take the average of Charlene's observed times:
Average of Charlene's observed time =
= 8.5s
Her normal time is therefore:
=
= 10s
2. Since no of Charlene's observed time is higher than normal time of 10s, we can therefore conclude that her work perfomance should be rated as slower than normal.
Answer:
. C) a drop in the foreign exchange value of the dollar.
Explanation:
An aggregate demand curve can be regarded as a curve that display total spending that is available
domestic goods/services with respect to their price level. the horizontal axis provide the real GDP while price level is displayed by vertical axis. It should be noted that The aggregate demand curve would shift to the right as a result a drop in the foreign exchange value of the dollar.
Answer:
the amount of interest that is collected is $503.75
Explanation:
The computation of the amount of interest that is collected is shown below:
= Cash loan × number of days ÷ total number of days × rate of interest
= $31,000 × 90 days ÷ 360 days × 6.5%
= $503.75
Hence, the amount of interest that is collected is $503.75
This is the answer but the same is not provided in the given options
We simply applied the above formula so that the correct value could come
And, the same is to be considered