subject
Business, 09.10.2021 14:20 dondre54

Whispering sells three grain/hay dryers to a local farmer at a total contract price of $ 42,400. In addition to the dryers, Whispering provides installation, which has a standalone selling price of $ 1,000 per unit installed. The contract payment also includes a $ 1,300 maintenance plan for the dryers for 3 years after installation. Whispering signs the contract on June 20, 2020, and receives a 20% down payment from the farmer. The dryers are delivered and installed on October 1, 2020, and full payment is made to Whispering. Prepare the journal entries for Whispering in 2020 related to this arrangement.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 16:30
ernst's electrical has a bond issue outstanding with ten years to maturity. these bonds have a $1,000 face value, a 5 percent coupon, and pay interest semiminusannually. the bonds are currently quoted at 96 percent of face value. what is ernst's pretax cost of debt?
Answers: 1
question
Business, 22.06.2019 01:30
Juwana was turned down for a car loan by a local credit union she thought her credit was good what should her first step be
Answers: 1
question
Business, 22.06.2019 08:00
Companies in the u.s. car rental market vary greatly in terms of the size of the fleet, the number of locations, and annual revenue. in 2011 hertz had 320,000 cars in service and annual revenue of approximately $4.2 billion. the following data show the number of cars in service (1000s) and the annual revenue ($ millions) for six smaller car rental companies (auto rental news website, august 7, 2012). excel file: data14-09.xls if required, enter negative values as negative numbers. a. select a scatter diagram with the number of cars in service as the independent variable. b. what does the scatter diagram developed in part (a) indicate about the relationship between the two variables? c. use the least squares method to develop the estimated regression equation (to 3 decimals). Å· = + x d. for every additional car placed in service, estimate how much annual revenue will change. by $ e. fox rent a car has 11,000 cars in service. use the estimated regression equation developed in part (c) to predict annual revenue for fox rent a car. round your answer to nearest whole value. $ million hide feedback partially correct
Answers: 1
question
Business, 22.06.2019 14:20
Frugala is when sylvestor puts $2,000 into 10-year state bonds and $3,000 into 5-year aaa-rated bonds in steady hand hardware, inc. he buys the four state bonds at a 5 percent interest rate and the three steady hand bonds at a 6.5 percent rate. sylvestor also buys $1,500 worth of blue chip stocks, and $800 worth of stock in a promising new sportswear company that reinvests its earnings in new growth. 1. (a) what is the maturity for each of the bond groups sylvestor buys? (b) the coupon rate? (c) the par value?
Answers: 3
You know the right answer?
Whispering sells three grain/hay dryers to a local farmer at a total contract price of $ 42,400. In...
Questions
question
Social Studies, 13.01.2021 18:30
question
Mathematics, 13.01.2021 18:30
question
Mathematics, 13.01.2021 18:30
question
Mathematics, 13.01.2021 18:30
Questions on the website: 13722367