subject
Business, 05.05.2020 06:32 joha222680

Storm Corporation purchased a new machine on October 31, 2014. A $2,400 downpayment was made and three monthly installments of $7,200 each are to be madebeginning on November 30, 2014. The cash price would have been $23,200. Storm paid noinstallation charges under the monthly payment plan but a $400 installation charge wouldhave been incurred with a cash purchase.

The amount to be capitalized as the cost of themachine on October 31, 2014 would be:

a.$24,400.

b.$24,000.

c.$23,600.

d.$23,200.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 12:00
Identify at least 3 body language messages that project a positive attitude
Answers: 2
question
Business, 22.06.2019 12:30
Suppose that two firms produce differentiated products and compete in prices. as in class, the two firms are located at two ends of a line one mile apart. consumers are evenly distributed along the line. the firms have identical marginal cost, $60. firm b produces a product with value $110 to consumers.firm a (located at 0 on the unit line) produces a higher quality product with value $120 to consumers. the cost of travel are directly related to the distance a consumer travels to purchase a good. if a consumerhas to travel a mile to purchase a good, the incur a cost of $20. if they have to travel x fraction of a mile, they incur a cost of $20x. (a) write down the expressions for how much a consumer at location d would value the products sold by firms a and b, if they set prices p_{a} and p_{b} ? (b) based on your expressions in (a), how much will be demanded from each firm if prices p_{a} and p_{b} are set? (c) what are the nash equilibrium prices?
Answers: 3
question
Business, 22.06.2019 14:00
Which of the following is not a characteristic of a weak economy? a. a low employment rateb. a high inflation ratec. a decreased gdpd. a high unemployment rate
Answers: 1
question
Business, 22.06.2019 15:30
In 2015, lori assigned a paid-up whole life insurance policy to an irrevocable life insurance trust (ilit) for the benefit of her three children. the ilit contained a crummey provision for the benefit of each child. at the time of the transfer, the whole life insurance policy was valued at $200,000, and since lori had not made any other taxable gifts during her lifetime, she did not owe any gift tax. lori died in 2016, and the face value of the whole life insurance policy of $2,000,000 was paid to the ilit. regarding this transfer, how much is included in lori’s gross estate at her death?
Answers: 1
You know the right answer?
Storm Corporation purchased a new machine on October 31, 2014. A $2,400 downpayment was made and thr...
Questions
question
Mathematics, 04.02.2020 19:59
question
Mathematics, 04.02.2020 20:00