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2 years ago

Which of these is an example of delayed purchasing?

2 answers:

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An example of delayed purchasing is when you would pay for a hot tub in 39 weeks and receiving the hot tub today. It is like a car loan, you would pay for the car over a certain time frame and you would drive home with the car that day. The correct answer is B.

avanturin [10]2 years ago

4 0

Answer:

It is B

Explanation:

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On January 1, Year 1, Bacco Company had a balance of $72,350 in its Delivery Equipment account. During Year 1, Bacco purchased d

Maksim231197 [3]

Answer:

Jan 1 balance 72,350

Add year 1 purchases $22,100

Total $94,450

Deduct the closing balance $69,400

Difference = sold equipment at Net Book Value = $25,050

Add accumulated depreciation to date = $22,000

Cost of equipment sold = $47,050.

Cash flow from investing activities.

Cash received from sale of equipment (the Net book value + Gain in sales) = $30,050

Cash invested in purchase of new equipment -$22,100

Net cash flow from investing activities $7,950

5 0

2 years ago

Kiddy Toy Corporation needs to acquire the use of a machine to be used in its manufacturing process. The machine needed is manuf

xenn [34]

Answer:

Option A net worth -215,906.03

Option B net worth -210, 159.75

It is a better deal to use the machine through lease than purchase it as the net worth is lower.

Explanation:

Purchase the machine:

-164,000 purchase cost

PV of the maintenance cost

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C -9,000.00

time 10

rate 0.08

$-9000 \times \frac{1-(1+0.08)^{-10} }{0.08} = PV\\$

PV -$60,390.7326

PV of the salvage value

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 14,000.00

time 10.00

rate 0.08000

$\frac{14000}{(1 + 0.08)^{10} } = PV$

PV 6,484.7088

<em>net worth: </em>

-162,000 - 60,390.73 + 6,484.70 = -215,906.03

PV of the lease: (annuity-due)

$C \times \frac{1-(1+r)^{-time} }{rate} (1+rate)= PV\\$

C 29,000.00

time 10

rate 0.08

$29000 \times \frac{1-(1+0.08)^{-10} }{0.08} (1+0.08) = PV\\$

PV $210,159.7494

6 0

2 years ago

Imagine you are the director of global business development for a large Swedish engineering company that wants to win a contract

Nesterboy [21]

Answer: I would reject his demand for bribe straight away and i will recommend senior management to protect business ethics at all cost.

Explanation: first of all i would not accept the demand of bribe from the official and would try to report this corruption to the concerned authorities.I would try to pressure the authorities to take strict actions against the official and to make the process to be fair and honest in every way.

I as a representative of my company would recommend senior management to take hands off from the project until appropriate actions are taken by the authority as getting into unethical actions might result in problems in future .

5 0

1 year ago

Coca‑Cola and Pepsi are both releasing a new soda at the same time. Each company is fairly well known, and they are both decidin

Leokris [45]

Answer:

Coca Cola dominant strategy is strategy 1.

Explanation:

Dominant strategy is one in which the business adopts such a strategy which benefits it most among all other available alternative strategies. In the given case Coca Cola dominant strategy is strategy 1. This is because Coca Cola will get the highest possible payoff when it selects strategy 1.

3 0

1 year ago

Mazie Supply Co. uses the percent of accounts receivable method. On December 31, it has outstanding accounts receivable of $127,

Zepler [3.9K]

Answer:

Journal entries

(a)

Dr. Bad Debt Expense $4,207

Cr. Allowance for Doubtful Accounts $4,207

(b)

Dr. Bad Debt Expense $5,737

Cr. Allowance for Doubtful Accounts $5,737

Explanation:

Bad debt Expense will be calculated using the percentage of debt loss. The expense will be calculated using the account receivable balance.

Closing Value of the Allowance for Doubtful Accounts will be as follow

Closing Balance = $127,500 x 5% = $6,375

(a)

As Allowance for Doubtful Accounts already have balance of $2,168, we need to adjust the remainder to make the closing balance of Allowance for Doubtful Accounts $6,375 at the year end.

Adjustment Value = $6,375 - $2,168 = $4,207

(b)

As Allowance for Doubtful Accounts already have balance of $638, we need to adjust the remainder to make the closing balance of Allowance for Doubtful Accounts $6,375 at the year end.

Adjustment Value = $6,375 - $638 = $5,737

8 0

2 years ago