subject
Business, 17.04.2020 23:31 kayla2945

Libby Company purchased equipment by paying $5,000 cash on the purchase date and agreeing to pay $5,000 every six months during the next four years. The first payment is due six months after the purchase date. Libby's incremental borrowing rate is 8%. The equipment reported on the balance sheet as of the purchase date is closest to:
a. $45,000
b. $38,664.
C. $33,664.
d. $40,000

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 20:30
Afirm wants to hire a project manager (pm) at a salary of $100,000. 30% of pms have high ability, and 70% of pms have low ability. high ability pms generate $120,000 in revenue and low ability pms generate $80,000 in revenue. in addition to differences in productivity, high and low ability pms have different outside offers. if a high ability pm is not hired by the firm, she can work for another company at a salary of $80,000. if the low ability pm is not hired by the firm, she can work for another company for $70,000. high ability pms are also able to get a project management professional (pmp) certification at a cost of $1,000. low ability pms are unable to get a pmp certification (they would fail the test). the firm is not able to observe a pm’s ability, but is able to observe and verify whether or not the pm has a pmp certificate.(a) draw the extensive form of the game.expert answer
Answers: 3
question
Business, 23.06.2019 02:30
How is the role of government determined in the american free enterprise system?
Answers: 2
question
Business, 23.06.2019 22:00
what certification program, sponsored by isc2, requires knowledge of digital forensics, malware analysis, incident response, e-discovery, and other disciplines related to cyber investigations?
Answers: 1
question
Business, 23.06.2019 22:00
Mcgraw-hill education uses $3,800 worth of electricity and natural gas in its headquarters building for which it has not yet been billed. at the beginning of january, turner construction company pays $963 for magazine advertising to run in monthly publications each of the first three months of the year. dell pays its computer service technicians $403,000 in salaries for the two weeks ended january 7. answer from dell's standpoint. the university of florida orders 60,000 season football tickets from its printer and pays $8,340 in advance for the custom printing. the first game will be played in september. answer from the university's standpoint.
Answers: 3
You know the right answer?
Libby Company purchased equipment by paying $5,000 cash on the purchase date and agreeing to pay $5,...
Questions
question
History, 30.06.2019 01:30
question
Mathematics, 30.06.2019 01:30
question
History, 30.06.2019 01:30
question
History, 30.06.2019 01:30
question
Chemistry, 30.06.2019 01:30
question
Mathematics, 30.06.2019 01:30