Granite company purchased a machine costing $121,000, terms 2/10, n/30. the machine was shipped fob shipping point and freight charges were $2,100. the machine requires special mounting and wiring connections costing $10,100. when installing the machine, $1,600 in damages occurred. compute the cost recorded for this machine assuming granite paid within the discount period.

Companies hd and ld are both profitable, and they have the same total assets (ta), total invested capital, sales (s), return on assets (roa), and profit margin (pm). both firms finance using only debt and common equity. however, company hd has the higher total debt to total capital ratio. which of the following statements is correct? a) company hd has a higher assets turnover than company ld. b) company hd has a higher return on equity than company ld. c) none of the other statements are correct because the information provided on the question is not enough. d) company hd has lower total assets turnover than company ld. e) company hd has a lower operating income (ebit) than company ld