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Finger [1]
3 years ago
10

Perdue Company has purchased equipment that requires annual payments of $30,000 to be paid at the end of each of the next 6 year

s. The appropriate discount rate is 12%. What amount will be used to record the equipment?a. $165,772b. $180,000c. $115,650d. $123,342
Business
1 answer:
Charra [1.4K]3 years ago
6 0

The answer will be $123,342

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A retail store has three departments, S, T, and U, and does general advertising that benefits all departments. Advertising expen
Andrew [12]

Answer: $22,500

Explanation:

First calculate the rate of allocation based on sales to determine how much of Department T's sales should be attributed to Advertising.

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This 10.5% can then be used to find out how much of Advertising to apportion to Department T based on department sales,

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8 0
4 years ago
You own a portfolio of two stocks, a and
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Stock a is $2000. Calculate 10.5% of $2000, which equals $210.
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3 years ago
Would you rather ride in an airplane or drive in a car? Compare those risks?
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4 0
3 years ago
Sarah was in a meeting where various vendors were being considered. She noticed that one of the vendors had a history of mistrea
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Answer:

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6 0
4 years ago
Read 2 more answers
Bledsoe Company received $15,000 cash from the issue of stock on January 1, 2013. During 2013 Bledsoe earned $8,500 of revenue o
kati45 [8]

Answer:

Total assets is increased by $18,100

Explanation:

The computation is shown below:

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3 years ago
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