subject
Business, 25.01.2022 08:00 larenhemmings

Arnold bought a machine for use in his business on 1 November 2004. He gave the supplier a cheque for $11,570 and traded in an old machine. The supplier allowed him $4,430 in part exchange for the old machine. Arnold depreciates machinery on the reducing balance basis at a rate of 20% per annum. The old machine had cost $12,000 and had been depreciated by $5,856. What is the book value on the new machine for the year to 31 October 2007? a. $2,560 b.  $3,200 c. $8,192 d. $2,048

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 09:30
The 39 percent and 38 percent tax rates both represent what is called a tax "bubble." suppose the government wanted to lower the upper threshold of the 39 percent marginal tax bracket from $335,000 to $208,000. what would the new 39 percent bubble rate have to be? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.)
Answers: 3
question
Business, 22.06.2019 15:00
Match the terms with the appropriate definition. 1. work done for pay job 2. series of related jobs based on knowledge, training, tasks performed, interests, and experience career 3. buying or selling products and services using the internet mediation 4. wage amount after deductions are withheld net wage 5. a way a person chooses to live his or her life e-commerce 6. the people who are both able and willing to work technology 7. unequal treatment of others based on a bias concerning a person’s characteristics such as race, religion, gender, or age discrimination 8. the act of sharing information lifestyle 9. the use of a third party to make suggestions workforce 10. knowledge and tools used to perform tasks communication
Answers: 2
question
Business, 22.06.2019 17:30
The purchasing agent for a company that assembles and sells air-conditioning equipment in a latin american country noted that the cost of compressors has increased significantly each time they have been reordered. the company uses an eoq model to determine order size. what are the implications of this price escalation with respect to order size? what factors other than price must be taken into consideration?
Answers: 1
question
Business, 22.06.2019 19:50
On july 7, you purchased 500 shares of wagoneer, inc. stock for $21 a share. on august 1, you sold 200 shares of this stock for $28 a share. you sold an additional 100 shares on august 17 at a price of $25 a share. the company declared a $0.95 per share dividend on august 4 to holders of record as of wednesday, august 15. this dividend is payable on september 1. how much dividend income will you receive on september 1 as a result of your ownership of wagoneer stock
Answers: 1
You know the right answer?
Arnold bought a machine for use in his business on 1 November 2004. He gave the supplier a cheque fo...
Questions
question
Mathematics, 29.10.2019 17:31
question
Mathematics, 29.10.2019 17:31
Questions on the website: 13722363