Business, 24.06.2019 12:00 rondonalba

On january 1, 2017, pearl inc. purchased a piece of equipment with a list price of $60,000. the following amounts were related to the equipment purchase: terms of the purchase were 2/10, net 30. pearl paid for the purchase on january 8. freight costs of $1,000 were incurred. a state agency required that a pollution control device be installed on the equipment at a cost of $2,500. during installation, the equipment was damaged and repair costs of $4,000 were incurred. architect's fees of $4,700 were paid to redesign the work space to accommodate the new equipment. pearl purchased liability insurance to cover possible damage to the asset. the three-year policy cost $8,000. pearl financed the purchase with a bank loan. interest of $3,000 was paid on the loan during 2016. determine the acquisition cost of the equipment.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 22:10, jaxonsensintaff

Arival company manufactures fuel tanks for cars using a different production technique. the total weekly cost (in dollars) of producing x tanks is given by c(x) = 10000 +90x - 0.04x2 find the marginal cost at a production level of 500 fuel tanks per week to approximate the cost of the 501st unit (round to the nearest 2 decimal places, if needed)

Answers: 3

continue

Business, 22.06.2019 12:10, mcguirefam7071p2mbzz

Drag each label to the correct location on the image determine which actions by a manager are critical interactions - listening to complaints - interacting with customers - responding to complaints - assigning staff duties -taking action to address customer grievances -keeping track of reservations

Answers: 2

continue

Business, 22.06.2019 19:50, kipper5760

Bulldog holdings is a u. s.-based consumer electronics company. it owns smaller firms in japan and taiwan where most of its cell phone technology is developed and manufactured before being released worldwide. which of the following alternatives to integration does this best illustrate? a. venture capitalism b. franchising c. joint venture d. parent-subsidiary relationship

Answers: 2

continue

Business, 22.06.2019 19:50, oomale

Joe pays ann to mow his lawn and ann mows vanna's lawn by mistake. vanna peers out her window and sees ann mowing, yet says nothing to ann about her mistake since vanna needs to have her lawn mowed. when ann approaches vanna for payment, vanna refuses, arguing that she never asked ann to mow her lawn. under these circumstances, ann can recover payment from vanna under:

Answers: 1

continue

You know the right answer?

On january 1, 2017, pearl inc. purchased a piece of equipment with a list price of $60,000. the foll...