Answer:
interchangeable parts and assembly lines
Explanation:
B2C stands for business to consumer. This would be the sales you’d make to a consumer. B2B stands for business to business. This is the sales you’d make with another business.
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Answer: The cost of the equipment is $66,500.
Explanation: Under IAS 16 Property, Plant and Equipment, the cost of an asset comprises:
- purchase price plus import duties and taxes
- any costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in a manner intended by management
- the initial estimate of the costs of dismantling and removing the item and restoring the site on which it is located
In the question, $60,000 was the purchase price, the transportation cost of $1,000 was necessary to bring the asset to the location intended by management, $3,000 was the sales tax and the installation cost of $2,500 was also necessary for the asset to function as intended by management. So all these costs would be capitalized as the cost of the equipment as $66,500.
The answer to this is false because all they want is for you to use their card and then it will hurt you credit score because then you will have to pay interest rates.
So it is false