Acquisition Cost Cox Company recently purchased a machine by issuing 950 shares of stock selling for $10 per share. In addition to the purchase price, Cox incurred the following costs related to the machine: freight charges, $800; special foundation for machine, $400; and installation costs, $1,100. Required: Determine the cost of the machine.
Answers
The cost of the machine is $11,800.
The cost of the machine includes the purchase price and any additional costs directly attributable to bringing the machine to its intended use. Therefore, the cost of the machine is calculated as follows:
Purchase price = 950 shares x $10/share = $9,500
Additional costs:
Freight charges = $800
Special foundation for machine = $400
Installation costs = $1,100
Total additional costs = $800 + $400 + $1,100 = $2,300
Cost of the machine = Purchase price + Total additional costs
Cost of the machine = $9,500 + $2,300
Cost of the machine = $11,800.
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Related Questions
Net Income ($82)
Charges in Working Capital $100
FCFO
$[?]
$150
Fill in the blanks
on this financial
statement.
Disposal of PPE
Purchase of PPE
FCFI
Issuance of Stock
($27)
$[ ]
$540
Dividend Payment ($110)
Issuance of Debt
$68
Debt Repayment ($25)
Interest Expense
($75)
FCFF sĩ
Total FCF $[
![Net Income ($82)Charges in Working Capital $100FCFO$[?]$150Fill in the blankson this financialstatement.Disposal](https://i5t5.c14.e2-1.dev/h-images-qa/contents/attachments/fpCbjSVfQ7LnbsXDrgjfwioC86iG5J7F.png)
Answers
FCFO = $182
FCFI = $216
FCFF = $ -82
Total FCF = $583
What are the above terminologies and how did we arrive at the answers?FCFO - Free Cahs Flow to Firm is derived by adding Net Income to Charges in Working Captial
= $82 + $100
= $182
FCFI - Free Cash flow to Firm (Investing
= Disposal of PPE - Purchase of PPE + Issuance of Debt + Debut repayment
= 150 - 27 + 68 + 25
= $216
FCFF = Free Cash Flow to Firm
= Dividend payment + Interst Exprense + FCFI
= $110 + 75 + 216
= $401
Total FCF = FCFO + FCFF
= $182 + $401
= $583
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Which of the following is an important belief found in Lean cultures? Question 9 options: 1) Inventory is to be reduced 2) Cost must be reduced 3) Management must be done through the use of appropriate tools and procedures 4) Waste is a symptom
Answers
Inventory reduction is an important belief in Lean cultures, as it helps eliminate waste, streamline processes, and improve efficiency by minimizing excess inventory levels in organizations.
An important belief found in Lean cultures is that inventory is to be reduced.
Lean principles advocate for the elimination of waste and the creation of streamlined, efficient processes.
Excessive inventory is seen as a form of waste because it ties up resources, increases lead times, and incurs additional storage costs.
By reducing inventory levels, organizations can improve flow, respond to customer demands more quickly, and minimize waste in their operations.
Lean culture promotes just-in-time inventory management, where materials are acquired and used as needed, reducing the need for excessive stockpiling.
This approach helps organizations optimize their operations and achieve greater efficiency and productivity.
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define permanent office in one sentence
Answers
Answer:
A permanent office is also known as the long term office. It is established for the production and distribution of goods and services over a long period of time.
Explanation:
Mark me brainlist3. For the setup of discussion-based exercises, additional materials provided by the planning team include:
Answers
For the setup of discussion-based exercises, additional materials provided by the planning team include sign-in sheets, feedback forms, Badges to identify participants by roles, and Multimedia presentation.
Discussion-based exercises incorporate seminars, workshops, tabletop exercises (TTXs), and games. These sorts of exercises can be utilized to accustom players to or formulate new, plans, policies, agreements, and methods. Discussion-based exercises emphasize strategic, policy-oriented matters. Functional exercises are organized to validate and consider capabilities, multiple functions and/or sub-functions, or interdependent companies of operations. Seminars commonly orient participants to, or equip an outline of, authorities, procedures, plans, approaches, and ideas.
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frank castle corporation sold its accounts receivable outright to wright company, a financing company that normally buys accounts receivable of other companies without recourse. the accounts receivable have been:
Answers
In this scenario, Frank Castle Corporation has sold its accounts receivable outright to Wright Company, a financing company that specializes in purchasing accounts receivable from other companies without recourse.
What's account receivableAccounts receivable refer to the outstanding payments that a company expects from its customers for the goods or services provided to them. By selling their accounts receivable, Frank Castle Corporation has transferred the right to receive these payments to Wright Company.
Wright Company is a financing company that specializes in buying accounts receivable from other companies. When they buy accounts receivable, they do so without recourse.
This means that if the customer fails to pay, Wright Company cannot hold Frank Castle Corporation responsible for the debt. This transfer of accounts receivable can provide Frank Castle Corporation with immediate cash flow, while Wright Company will collect the payments from the customers directly. Overall, this can be a beneficial arrangement for both parties involved.
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how many peoples in kerala
Answers
Answer:
2million
Explanation:
I hope naka tulong
Answer:
34.8 million
Explanation:
its divided in 14 district
Your house is for sale for $210,000. A realtor will charge you a 3% sales commission. If you choose a "sale by owner" option bypassing a realtor, you will pay no commission, but you will have to pay an attorney an average of $950 at your closing. What will you save by choosing the "sale by owner" option?
Answers
Answer:
5350
Explanation:
If your house is for sale for $210,000. What you will save by choosing the "sale by owner" option is $5350.
What is Sales?Sales can be defined as the way of selling a product in exchange for cash.
Using this formula
Amount saved=(Selling price×Sales commission)- Closing price
Let plug in the formula
Amount saved=($210,000×3%)-$950
Amount saved=$6,300-$950
Amount saved=$5,350
Therefore If your house is for sale for $210,000. What you will save by choosing the "sale by owner" option is $5350.
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The Happy Days Day Care is hiring a child care worker.On the employment application,Happy Days specifically asks if the applicant has ever been arrested.Tina applies for a job at Happy Days and answers no to that question.She also answers no to the question that asks if there is any reason that she would not be qualified to work with children.Soon after Tina is hired,she severely shakes a baby to stop it from crying,causing the baby injuries.It is discovered at trial that Tina has been fired from numerous day cares for baby shaking and various other offenses.If the baby's parents sue Happy Days:
A) Happy Days is not liable because it made a good faith effort to screen applicants and because it specifically asked about past indiscretions.
B) Happy Days is liable because Tina was dealing not with the public but only with children.
C) Happy Days is liable for negligent hiring.
D) Happy Days is liable for negligent retention.
Answers
Answer: C) Happy Days is liable for negligent hiring.
Explanation:
Happy Days is liable for negligently hiring Tina. As the employer and especially as one working with children, the onus is on them to verify the information given to them by Tina.
Had they verified the information, they would have found out that Tina was not supposed to be taking care of children due to her violent tendencies. They would therefore not hire her and this ugly situation would have been avoided.
The demand curve for a normal good is downward sloping because.
Answers
Answer:
because as prices rise, the purchasing power of each dollar earned falls, and consumers are willing and able to buy less of a good
Explanation:
Explain the concept of inter cropping in brief . (5) note: it should be of 5 marks
Answers
Answer:
Inter cropping is a type of multi cropping where the farmer cultivates two or more crops in a field simultaneously. Inter croping is a sustainable practice that can improve resource-use efficiency, such as nutrients and water, allowing low input agricultural practices.
Explanation:
Pls mark as brainliest
Making sure that management does not ___ its psychological contracts is a good way to increase employees commitment.
Answers
Making sure that management does not violate its psychological contracts is a good way to increase employees' commitment.
What is psychological contract?A psychological contract refers to the unwritten set of expectations and obligations between an employee and the organization. These expectations may involve job security, career advancement, fair treatment, and trust.
To ensure that management does not violate these contracts, the following steps can be taken:
1. Open communication: Establish clear communication channels between management and employees. This helps in addressing concerns and fostering trust.
2. Set realistic expectations: Management should set achievable goals and provide the necessary resources for employees to meet these expectations.
3. Provide feedback: Regular feedback helps employees understand their performance and areas of improvement. This also reinforces the psychological contract between employees and management.
4. Show appreciation: Recognize employees' efforts and achievements to reinforce their commitment to the organization.
5. Maintain transparency: Transparent decision-making processes and sharing information about the company's goals and strategies help to build trust and strengthen the psychological contract.
6. Provide opportunities for growth: Offer training, mentorship, and career development opportunities to employees. This shows that the organization is invested in their growth and success.
By following these steps, management can avoid violating psychological contracts and ensure a positive work environment that encourages employee commitment.
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A worker's skills knowledge and experience are known as
what
Answers
Answer:
human capital
Explanation:
2. Compare the different ways in which UK legislation approaches the use of exclusion clauses and other potentially unfair terms in business-to-business (B2B) and business-to-consumer (B2C) contracts.
Answers
UK legislation approaches the use of exclusion clauses and other potentially unfair terms in B2B and B2C contracts differently. In B2B contracts, the primary focus is on ensuring that the contract is fair and reasonable.
The Unfair Contract Terms Act 1977 (UCTA) provides that certain terms in B2B contracts are automatically void if they are considered unfair. These terms include exclusion clauses that would deprive a party of a substantial contractual right or would cause undue hardship.
In B2C contracts, the focus is on protecting consumers from unfair contract terms. The Consumer Rights Act 2015 (CRA) provides that certain terms in B2C contracts are automatically unfair if they are not reasonably necessary for the business to protect its legitimate interests. These terms include exclusion clauses that would significantly hinder the consumer's ability to bring a claim or would limit the amount of compensation the consumer can recover.
In addition to these specific rules, the CRA also requires that all B2C contracts be clear, fair and not mislead the consumer. This means that any exclusion clauses must be presented in a clear and prominent manner and not be hidden in the fine print.
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You have likely heard the expression that "it takes money to make money." This is true of starting a business as well. Once you have determined your financial plan and the capital you need, which source of financing would you choose: debt financing or equity financing? Why or why not? Explain the requirements of both and discuss your choice for financing and why you might prefer one over the other.
Answers
Small companies frequently need funding. This is especially true for businesses that are just starting out.
What is the difference between Deb and Equity financing ?Small firms can obtain finance in two main ways: through loan financing and through equity financing. Debt financing includes buying a house, a car, or other item with a credit card. You agree to borrow money from a person or organisation and repay it with interest. Similar principles apply to your company's debt funding.
Since investors are involved in equity financing, it differs significantly from debt financing. You could sell stock in your company to close relatives, close friends, and other small investors, but venture capitalists or angel investors are frequently involved in equity financing.
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the difference between technology and technological change is that a. technology refers to the processes used by a firm to transform inputs into output while technological change is a change in a firm's ability to produce a given level of output with a given quantity of inputs. b. technology is carried out by firms producing physical goods but technological change is an intellectual exercise into seeking ways to improve production. c. technology is product-centered, that is, developing new products with our limited resources while technological change is process-centered in that it focuses on developing new production techniques. d. technology involves the use of capital equipment while technological change requires the use of brain power.
Answers
Option C is correct. Technology is product-centered, that is, developing new products with our limited resources while technological change is process-centered in that it focuses on developing new production techniques.
What is the difference between technology and technological change ?Technology refers to the tools, methods, and processes used to produce goods and services. It includes the knowledge, skills, and equipment used in various industries. Technological change, on the other hand, refers to the development and implementation of new or improved technologies. It is the process by which technology evolves over time and can include the introduction of new products, production methods, and materials. In summary, technology is the application of knowledge, while technological change is the evolution of that knowledge.
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What are some benefits of using computers for accounting purposes?.
Answers
9 Advantages to Using Computerised Accounting Systems
Automation. To make sure that all calculations are correct and accurate it is important to use something other than pen and paper. ...
Data Access. ...
Accuracy. ...
Reliability. ...
Speed. ...
Security. ...
Scalable. ...
Visuals.
a high concern for people but minimal concern for performance can best describe the _____ culture. a. caring b. apathetic c. exacting d. stakeholder
Answers
A high concern for people but minimal concern for performance can best describe the Caring Culture.
In an organization, a caring culture exists when leaders consistently act in ways that support team members, and when team members consistently act in ways that support their fellow team members. As a result, the business can provide excellent client service.Caring includes respecting the individual's self-identity and soul. Pure dedication and commitment to the patient are required. Because it is "rooted in the self-transcending creative nurse," a particular act of kindness may transcend the value.
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A _____ is composed of a group of people that seeks to influence the strategies of the government by getting people elected to official government positions.
Answers
A Political party is composed of a group of people that seeks to influence the strategies of the government by getting people elected to official government positions.
What are political parties called ?A political party is a group that organizes candidates to run for office in a given nation. Parties may support particular ideologies or political objectives, and it is typical for party members to share similar political views.As contemporary party organizations evolved and expanded around the world over the past several centuries, political parties have grown to play a significant role in the politics of practically every nation. Unpolitical parties are relatively uncommon in a nation. While some nations only have one political party, others have many. Both democracies and autocracies use parties in their political systems, however democracies often have more political parties than do autocracies.Parties can emerge from social differences that already exist, such as those between the poorer and upper classes, and by promoting cooperation among their members, they simplify the political decision-making process.Learn more about Political party refer :
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IN OWN WORDS, about 200 to 400, Recommend the PUSH promotion strategies suitable for a liquor company. Discuss why the strategies are chosen and the potential Problems with PUSH Promotions.
Answers
When recommending PUSH promotion strategies for a liquor company, it is essential to focus on tactics that can effectively generate demand and increase product visibility. Push promotions involve actively pushing products towards consumers through various marketing activities.
Here are three suitable PUSH promotion strategies for a liquor company:
1. Trade Shows and Tastings: Participating in trade shows and organizing tastings at liquor stores or other relevant events can be an effective way to push the product to consumers. These activities allow the company to showcase its offerings, provide samples, and engage directly with potential customers. By creating a memorable and positive experience, the company can stimulate interest and generate immediate sales.
2. Incentives for Retailers: Offering incentives to retailers, such as discounts, promotional pricing, or free merchandise, can encourage them to actively promote the liquor company's products. By providing attractive incentives, the company can motivate retailers to prioritize and push its products ahead of competitors. This strategy helps to increase product visibility and availability in retail outlets, leading to increased sales.
3. Sales Force Promotion: Equipping the sales force with the necessary tools and incentives to promote the liquor company's products can be an effective push strategy. Sales representatives can actively engage with retailers, bars, and restaurants to educate them about the products, offer special deals, and highlight the unique selling points. This direct engagement helps to build relationships, secure placements, and influence purchasing decisions.
The chosen strategies are based on their ability to create product awareness, drive distribution, and generate immediate sales. Trade shows and tastings provide a hands-on experience, allowing consumers to directly interact with the products and make informed purchase decisions. Incentives for retailers motivate them to prioritize the company's products, leading to increased visibility and availability. Sales force promotion ensures a proactive approach in educating and influencing key stakeholders.
However, there are potential problems associated with PUSH promotions that the liquor company should consider. One challenge is the risk of oversaturation or consumer fatigue.
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The purposes of ______ should be to determine whether the project provided the customer with the expected benefits, assess the level of customer satisfaction, and obtain any feedback that would be helpful in future business relationships with this customer or with other customers.
Answers
Explanation:
marketing about selling produktivitas
A Sign That Ethics Has Become A Primary Concern For Boards Of Directors Is That Multiple Choice Directors Area. More Often Chosen For Their Political Connections Than For Their Expertise b. Modern Executive Compensation Is Closely Linked To The Firm's Employee Retention Rate. C. Poor Financial Performance Is The Most Common Reason For CEOs To Be Fired Saved Help
Answers
Modern executive compensation is closely linked to the company's employee retention rate.
To elaborate: Ethical behavior toward employees is one of the primary responsibilities of the Board of Directors. They shouldn't be fired for little things. They should be given a chance to grow and develop.
2. the environment in which a manager works In addition to their social and ethical responsibilities, managers need to be aware of the environment in which they operate. If the business is to be viable and successful in the long run, they must take into account all of these factors.
What does "Board of Directors" mean?A board of directors is a group of people who represent the interests of shareholders. In addition, it offers advice to an organization's chief executive officer and executive team. A board provides general oversight of operations without getting involved in the day-to-day operations.
The hiring of the company's CEO or general manager and the evaluation of the company's overall strategy and direction are the board of directors' primary responsibilities. The CEO or general manager is responsible for hiring all other employees and overseeing the business's day-to-day operations.
The majority of the board of directors consists of the chief executive officer and occasionally other senior managers, as well as board members who are not otherwise associated with the company. The most common definition of an inside director is an employee of the company, though significant shareholders may also be included from time to time.
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A commercial building would be classified as a(n)
part.
piece of equipment.
installation.
supply.
Answers
Answer:
installation.
Explanation:
A commercial building would be classified as an installation.
Answer:
supply
Explanation:
because from there supply willl be done
Smith & Sons uses the allowance method of handling its credit losses. It estimates credit losses at two percent of credit sales, which were $1,900,000 during the year. On December 31, the Accounts Receivable balance was $300,000, and the Allowance for Doubtful Accounts had a credit balance of $21,400 before adjustment. Show how Accounts Receivable and the Allowance for Doubtful Accounts would appear in the December 31 balance sheet. (Do not use negative signs with your answers.)
Answers
Answer: See explanation
Explanation:
Firstly, we need to calculate the amount of bad debt. This will be:
= Credit sales × Bad debt expense
= $1900000 × 2%
= $38000
Also, the adjusted balance of allowance account will be the addition of the uadjusted balance of Allowance account and the bad debt expense which will be:
= $21,400 + $38000
= $59,400.00
Then, the balance sheet will be:
Accounts receivables = $300,000
Less: Allowance for Doubtful Accounts = $59,400
Net Realizable value of Accounts receivables = $240,600
What is the purpose of active listening?
Answers
Explanation:
Active listening serves the purpose of earning the trust of others and helping you to understand their situations. Active listening comprises both a desire to comprehend as well as to offer support and empathy to the speaker.
Gaining others' trust and gaining insight into their circumstances are two benefits of active listening. Both a want to understand and a desire to support and empathize with the speaker are components of active listening.
What are components?A component is an identifiable portion of a larger program or construction in the programming and engineering fields. A component often performs one specific function or a set of related functions. A component is something that is a piece of a bigger whole. An example of a component is a CD player in a stereo system. An illustration of a component is an ingredient in a recipe. Noun.
Abiotic factors are non-living parts of an ecosystem that have an impact on their surroundings. Terrestrial ecosystems can be characterized by factors like temperature, light, and water. Ocean currents and salinity are examples of abiotic components in a marine ecosystem.
Active listening is a technique for listening to and responding to another person that enhances comprehension between the two parties. To diffuse the situation and look for solutions to issues, it is crucial to take this initial move. Students will learn what active listening is in this session and why it is crucial for handling disagreements.
Therefore, the speaker is a component of active listening.
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Research and planning skills involve
- speaking, writing, and listening
-identifying problems, gathering information, and imagining alternatives
- cooperating, providing support, and expressing feelings
- being punctual, managing time, and enforcing policies
Answers
Answer:
Research and planning skills involve - speaking, writing, and listening. -identifying problems, gathering information, and imagining alternatives. - cooperating, providing support, and expressing feelings. - being punctual, managing time, and enforcing policies.
Explanation:
Still haven't got corona, even a global pandemic don't want me..
Answers
Answer:
Same Who knows Can't Say that until this Pandemic Over
Explanation:
QuestionCove its Aight My User KazGotFetee
You need a new computer, and you will need a loan in order to buy one. Which lender is most likely to charge you the highest interest rate on your loan?
A. finance company
B. savings and loan association
C. credit union
D. savings bank
Answers
hope this helps!! <3
Savings and loan association is the lender is most likely to charge you the highest interest rate on your loan. Hence, option B is correct.
What is the main purpose of a savings and loan association?Building Societies or Savings and Loan Associations perform the same fundamental duties by gathering funds from the general public and using those savings to fund mortgage loans for residential real estate.
The S&L crisis may have caused the banking sector to collapse with the greatest degree since the Great Depression. By 1989, more than 1,000 S&Ls had failed nationwide, thus destroying one of the most reliable sources of house mortgages.
In that they provide many of the same services, including banking and mortgage financing, savings and loan associations function similarly to banks and credit unions. Savings and loan organizations, however, prioritize savings and mortgages more.
Thus, option B is correct.
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Bonnie claims single with 2 federal withholding allowances, and contributes state tax of 20% of her federal tax. Below is a copy of Bonnie's biweekly statement of earnings. Bonnie knows that her gross earnings and federal tax are correct, but she thinks that her net pay is not correct. Using the fact that Social Security is 6.2% and Medicare is 1.45% of gross pay, explain why the given net pay is not correct. Determine how the error can be corrected, and what the net pay should be.
Answers
Answer:
The given net pay is not correct because Medicare is not 1.45% of her gross pay. The Medicare should be $11.02, making the correct net pay $641.86.
Answer:
The amount of Medicare tax has been calculated incorrectly. The Medicare tax should be $11.02, not $110.20. The actual net pay should be $641.86.
Explanation:
From Ed. :)
Which of the following students is most likely to receive a merit-based scholarship?
A.
a student from a low-income family
B.
a student with a delinquency record
C.
a student from a political family
D.
a student with a high academic score
E.
a student from a middle-income family
Answers
Answer:
D
Explanation:
When businesspeople need to travel for work, they depend on ___________________________ to make all of their arrangements.
bleisure specialists
corporate travel managers
group tour operators
meeting planners
Answers
If a businesspeople need to travel for work, they depend on corporate travel managers to make all of their arrangements.
Who is a corporate travel managers?A corporate travel managers can be defined as the people who develop a travel policy for companies or organization and they as well help company to carryout any plan that has to do with travelling .
This travel managers play an important role as they ensures that company employee that want to travel for official meetings or for business purpose follow the company policy or guideline and they as well ensures that the traveler went and come back safely.
Therefore the correct option is B.
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