Business, 14.03.2020 04:45 DragonLovely
Granite Company purchased a machine costing $120,000, terms 1/10, n/30. The machine was shipped FOB shipping point and freight charges were $2,000. The machine requires special mounting and wiring connections costing $10,000. When installing the machine, $1,300 in damages occurred. Compute the cost recorded for this machine assuming Granite paid within the discount period.
A. $118,800.
B. $129,800.
C. $120,100.
D. $132,100.
E. $130,800.
Answers: 2
Another question on Business
Business, 21.06.2019 23:20
On october 2, 2016 starbucks corporation reported, on its form 10-k, the following (in millions): total assets $14,329.5 total stockholders' equity 5,890.7 total current liabilities 4,546.9 what did starbucks report as total liabilities on october 2, 2016? select one: a. $12,516.7 million b. $6,377.3 million c. $995.0 million d. $8,438.8 million e. none of the above
Answers: 2
Business, 22.06.2019 11:00
You decide to invest in a portfolio consisting of 25 percent stock a, 25 percent stock b, and the remainder in stock c. based on the following information, what is the expected return of your portfolio? state of economy probability of state return if state occurs of economy stock a stock b stock c recession .16 - 16.4 % - 2.7 % - 21.6 % normal .55 12.6 % 7.3 % 15.9 % boom .29 26.2 % 14.6 % 30.5 %
Answers: 1
Business, 22.06.2019 14:30
Stella company sells only two products, product a and product b. product a product b total selling price $50 $30 variable cost per unit $20 $10 total fixed costs $2,110,000 stella sells two units of product a for each unit it sells of product b. stella faces a tax rate of 40%. stella desires a net afterminustax income of $54,000. the breakeven point in units would be
Answers: 3
You know the right answer?
Granite Company purchased a machine costing $120,000, terms 1/10, n/30. The machine was shipped FOB...
Questions
Biology, 02.08.2019 16:30
Computers and Technology, 02.08.2019 16:30
Chemistry, 02.08.2019 16:30
World Languages, 02.08.2019 16:30
History, 02.08.2019 16:30
English, 02.08.2019 16:30
Mathematics, 02.08.2019 16:30
Mathematics, 02.08.2019 16:30
English, 02.08.2019 16:30
Biology, 02.08.2019 16:30
