A rental car company bought a new fleet of midsize cars and sold off its old midsize cars because they had too many miles on them. Which type of project would this be considered?

Answers

Answer 1

Answer:

The options are:

A replacement projectAn expansion project

The correct answer would be:

A replacement project

Explanation:

In this specific case, the company is purchasing new assets in order to replace existing assets whose useful life is over. It is similar to buying a new computer system because the old one is obsolete and doesn't work anymore.

An expansion project would be to buy new cars in order to open new branches.


Related Questions

Effective business communication includes__

thinking before acting
using formal language with acronyms
anticipating questions from the audience
avoiding clichés

Answers

Answer:

Thinking before acting

Answer:

thinking before acting,

avoiding clichés ,

 using formal language with acronyms

Explanation:

Suppose that the monthly jobs report published the entire adult population of the state as follows: 25 million people employed, 3 million people unemployed, 1 million discouraged workers, and 1 million people who are either students, homemakers, retirees, or other people not seeking employment. What is the labor-force participation rate?

Answers

Answer: 93.3%

Explanation:

The labor force participation rate is the labor force of a country divided by its total adult population.

The labor force is defined as those working or actively looking for work.

Labor force participation rate = (Employed + Unemployed) / Employed + Unemployed + Discouraged + others not seeking employment)

= (25,000,000 + 3,000,000) / (25,000,000 + 3,000,000 + 1,000,000 + 1,000,000)

= 93.3%

A company purchased property for $100,000. The property included a building, a parking lot, and land. The building was appraised at $62,000; the land at $35,000, and the parking lot at $18,000. Land should be recorded in the accounting records with an allocated cost of:________.a) $0.b) $30,435.c) $35,000.d) $46,087.e) $100,000.

Answers

Answer:

The correct option is b) $30,435.

Explanation:

In accounting, property acquisition cost of a group of assets is allocated based on the ratio of the appraisal value of each asset to the sum of the appraisal values of all the assets concerned.

The following are given in the question:

Property acquisition cost = $100,000

Building appraisal value = $62,000

Land appraisal value = $35,000

Parking lot appraisal value = $18,000

Therefore, we have:

Total appraisal value = Building appraisal value + Land appraisal value + Parking lot appraisal value = $62,000 + $35,000 + $18,000 = $115,000

Cost allocated to land = (Land appraisal value / Total appraisal value) * Property acquisition cost  = ($35,000 / $115,000) * $100,000 = 0.304347826086957 * $100,000 = $30,435

Therefore, Land should be recorded in the accounting records with an allocated cost of $30,435.

what is the meaning of a loan

Answers

Answer:

a thing that is borrowed, especially a sum of money that is expected to be paid back with interest.

Basically what the present above said

If Cost of Goods Sold is $300,000, beginning inventory is $29,000, and ending inventory is $30,000, then the purchases from suppliers (assume all on account) would be:_______. A. $59.000 B. $301,000 C. $359,000 D. $299,000

Answers

Answer:

B. $301,000

Explanation:

The computation of the purchased from suppliers is shown below:

As we know that

Cost of good sold = Opening Inventory + Purchase - Closing Inventory

$300,000 = $29,000 + Purchases - $30,000

Purchases = $300,000 + $30,000 - $29,000

= $301,000

Hence, the purchased from suppliers is $301,000

Therefore the correct option is b.

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Help! It's due in a couple hours!!!

the latin term,caveat emptor, meaning let the buyer aware,
How is this term important to suppliers and businesses?

Answers

Answer:

Caveat emptor is a Latin term that means "let the buyer beware." Similar to the phrase "sold as is," this term means that the buyer assumes the risk that a product may fail to meet expectations or have defects.

Explanation:

Answer:

Yes i think it tells the buyer to be careful of what you buy cause you might not like it.

Explanation:

I hope this helps mark me brainliest

Peterson Soft Drink Corp. imports fruit flavors for use in its products. The company pays $0.86 per pound on every shipment. Which type of tariff does the company pay?

Answers

Answer: specific tariff

Explanation:

A Specific tariff is form of tariff that is fixed per physical unit of a particular commodity that is being exported or imported into a country.

Since we are informed that Peterson Soft Drink Corp. imports fruit flavors for use in its products and that the company pays $0.86 per pound on every shipment. This us refered to as specific tax. Tax helps in generating revenue to the government.

The market price of a semi-annual pay bond is $975.71. It has 18.00 years to maturity and a coupon rate of 6.00%. Par value is $1,000. What is the effective annual yield?

Answers

Answer:

the effective annual yield is 12.34 %.

Explanation:

The effective annual yield is the interest rate that will make the coupons and par value equal the market price of the Bonds. It is also known as the Yield to Maturity (YTM).

This is calculated using the Time Value of Money Technique as follows :

PV = - $975.71

PMT = ($1,000 × 6.00%) ÷ 2 = $60

N = 18.00 × 2 = 36.00

P/YR = 2

FV = $1,000

YTM = ?

Using a Financial calculator to input the data as above, the effective annual yield is 12.34 %.

The maintenance department of a large hospital uses about 816 cases of liquid cleanser annually. Ordering costs are $12 and carrying costs are $4 per case. The new price schedule is as follows: Quantity Unit Cost 1-49 $20 ' 50-79 $18 ~ 80-99 $17 .3 100 or more $16 Determine the optimal order quantity and the total cost.

Answers

Answer:

/

Explanation:

Global Corporation had 58,000 shares of $20 par value common stock outstanding on July 1. Later that day the board of directors declared a 20% stock dividend when the market value of each share was $28. The entry to record the dividend declaration is:_______.

Answers

Answer:

Jul-01

Dr Retained Earnings $324,800

Cr Common stock dividend distributable $232,000

Cr Paid-in capital in excess of par value - Common stock 92,800

Explanation:

Preparation of the journal entry to record the dividend declaration is:

Jul-01

Dr Retained Earnings $324,800

(58,000 shares x 20% x $28)

Cr Common stock dividend distributable $232,000

(58,000 shares x 20% x $20)

Cr Paid-in capital in excess of par value - Common stock 92,800

(58,000 shares x 20% x $8)

If U.S. immigration consists of mainly low-skilled workers, then an increase in immigration __________ the wages of low-skilled workers.a. will increaseb. will reducec. may increase or reduced. will not affect

Answers

Answer:

Option B: will reduce

Explanation:

Immigration is simply movement from one country to another with the intention of staying. Immigrant are coming into the US yearly .

If U.S. immigration consists of mainly low-skilled workers, then an increase in immigration reduce the wages of low-skilled workers as they are too much and wages will have to fall.

When adopting strategies for entering a new market, many firms follow a(n) approach that may morph and become _____ over time.

Answers

Answer:

More risky

Explanation:

On January 1, 2020, Levy Company issues 100 x 5% bonds with a face value of $1500, The bonds mature on December 31, 2030 and pay interest semi-annually. What is the amount of Cash raised for the Levy Company?

Answers

Answer:

$150,000

Explanation:

Calculation for the amount of Cash raised for the Levy Company

Using this formula

Cash raised for Levy Company = Number of Bonds * Face value of the Bond

Let plug in the formula

Cash raised for Levy Company = 100 * $1,500

Cash raised for Levy Company = $150,000

Therefore the amount of Cash raised for the Levy Company will be $150,000

Given: Initial Cost, P = $50,000 Salvage Value at the end of 5 years, S = $10,000. Depreciable Life. N = 5 Years Determine the depreciation in year 4 using the UOP method. Year Projected production units Actual production units1 4500 50002 5000 40003 3500 30004 5500 50005 6500 Not known Total 25000 A. $5, 600 B. $8,000 C. $4,000 D. $3, 200 If the equipment is sold at the end of year 4 for $30,000, what is the depreciation recapture on this equipment? A. $8, 400 B. $5, 600 C. $7, 200 D. $4,000

Answers

Answer:

1. B. $8,000

2. C. $7,200

Explanation:

Units or production (UOP) method of depreciation bases the depreciation expense of a machine or equipment on how much it is actually used during the period.

depreciable value = $50,000 - $10,000 = $40,000

depreciation rate per unit = $40,000 / 25,000 = $1.60

Year          Projected Production units         Actual Production units

1                              4,500                                    5,000

2                             5,000                                    4,000

3                             3,500                                    3,000

4                             5,500                                    5,000

5                             6,500                                    Not known

Total                      25,000

depreciation expense year 4 = $1.60 x 5,000 = $8,000

accumulated depreciation year 4 = $1.60 x 17,000 = $27,200

book value = $50,000 - $27,200 = $22,800

if sold at $30,000, gain resulting from sale = $30,000 - $22,800 = $7,200

Assume an indifference map with other goods on the vertical axis and health on the horizontal axis. The government provides families with $400 vouchers that can be redeemed for healthcare services at any hospital, public or private. The budget line for a family that avails this voucher scheme will:_________.A. be negatively sloped.B. be positively sloped up to $400 and then have a zero slope.C. have a zero slope up to $400 and then have a negative slope.

Answers

Answer:

C. have a zero slope up to $400 and then have a negative slope.

Explanation:

Here in the attached diagram

H denotes the individual income

H = Services of the healthcare

G = Other goods

As it can be seen that the ABC is the budget line and the budget line is horizontal till $400 i.e. zero slope and afterwards it would be downward sloping i.e. negative slope

In the case when the income is fully spend on the other goods so an individual after that can consume $400 due to which the budget line could be horizontal and become parallel to the axis

Therefore the correct option is C.

Holt Fasner is considering purchasing the stock of United Mining Companies, which he plans to hold indefinitely. United Mining just paid an annual dividend of $2.00 and the price of the stock is $45 per share. The earnings and dividends of the company are expected to grow forever at a rate of 6 percent per year. What annual rate of return does Holt expect on his investment?

Answers

Answer:

10.71%

Explanation:

Calculation for annual rate of return that Holt expect on his investment

Using this formula

Annual rate of return=(D1/Current price)+Growth rate

Annual rate of return=(2*1.06/45)+(0.06)

Annual rate of return=2.12/45+(0.06)

Annual rate of return=0.0471+0.06

Annual rate of return=0.1071*100

Annual rate of return=10.71%

Therefore the annual rate of return that Holt expect on his investment will be 10.71%

People invest in the stock market because

Answers

Answer:

they provide the highest potential returns

Explanation:

Answer:

it makes them money and if the economy went down the stock will go up so they can sell bitcoins. its an investing program

Explanation:

Which closing best expresses a desire to satisfy the customer and signals confidence that the problem has been resolved? a. We appreciate that you let us know about your unfortunate situation. We hope you agree that we demonstrated how much we consider customers our No.1 priority. We can't give you cash for your defective bag, but you can exchange it for an item of equal or lesser value at any retailer that carries the Yuma brand. b. Thanks again for writing. Your satisfaction is our utmost goal. We hope that the new bag will help you get over your disappointment and the inconvenience of buying a defective product. As I said before, such flaws are extremely rare. c. Please take the defective gym bag to any retailer carrying our brand to exchange it for a new hard-wearing Yuma bag.

Answers

Answer:

The closing that best expresses a desire to satisfy the customer and signals confidence that the problem has been resolved is:

b. Thanks again for writing. Your satisfaction is our utmost goal. We hope that the new bag will help you get over your disappointment and the inconvenience of buying a defective product. As I said before, such flaws are extremely rare.

Explanation:

The closing of 'a' in this case sounds unbusinesslike, to say the least.  It is very much unlike the closing of 'b' which is very apt.  The customer should never be made to appear to be at fault for patronizing our products.  The customer's satisfaction should be the utmost guide for maintaining correct customer services.  Trying to attribute a product's fault to a customer is totally wrong and sounds unprofessional.  Finally, option 'c' lacks basic customer service courtesy as it appears to be a command directed to the customer.

Which questions should someone ask when deciding whether to lease or buy a car? Check all that apply.
Will I use it more than the allowed lease mileage?
Will my family like the car?
How long do I want the car?
How much do I want to spend?
How much do I like the car’s options?

Answers

The necessary questions to ask oneself when deciding whether to lease or buy a car includes:

will I use it more than the allowed lease mileage?how long do I want the car?how much do I want to spend?

Why is the question important?

This question is important because it will allow the person to assess and decide on the best option between leasing a car or buying it.

Therefore, the Option A, C and D is correct.

Read more about car lease

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In an open economy, what is the source of demand in the foreign-currency exchange market?
A. National saving
B. Net exports
C. Net capital outflow
D. Imports

Answers

Answer:

Option b:Net Exports

Explanation:

open economy is an economy that

has a relationship or an interaction freely with other economies around the world. It is the movement of capital into and out of a country/market.

if you guess the number im thinking of illl give you 100 points

Answers

Answer:

49 is my guess!!!!!!!!

A company decided to finance the purchase of truck. The loan agreement requires quarterly payments of $850/each for 3 years. The interest rate on the loan is 8%. No amount was due in cash at the time of signing and the first payment of $850 is due three months (one quarter) after the signing date. How much did the truck cost?

Answers

Answer:

The cost of the truck is:

$10,200

Explanation:

a) Data and Calculations:

Quarterly payments = $850

Rate of interest on the loan = 8%

Annual payments = $3,400 ($850*4)

Payments for the three years' duration = $10,200 ($3,400*3)

b) The truck cost of $10,200 includes the interest at 8% of the loan borrowed.  This finance charge is capitalized as part of the cost at which the truck will be reported in the accounting records of the company.

The real GDP of Country A grew by only 1% from 2011 to 2013, while the real GDP of Country B grew by 5% during that same time span. 1. Country B has a very high quality of life. 2. Country A has a modestly high quality of life. 3. Country A's economy has been in a period of contraction. 4. Country A has a high real GDP. 5. Country B will eventually have a higher real GDP than Country A if the economy of each country continues to grow this way.

Answers

Answer:

5. Country B will eventually have a higher real GDP than Country A if the economy of each country continues to grow this way.            

Explanation:

The full form of GDP is Gross Domestic Product. It is the amount of the total products or services that a country produces in the financial year.  The measure of the GDP determines the national income and the economy of a particular country.

In the context, it is mentioned that the real GDP as measured from year 2011 to the year 2013 by country A grew only 1 percent and that of country B grew by 5 percent during the same year. Hence we can conclude that country B will have higher GDP when compared to the real GDP of country A when both the country's economy grow in the same way.

The yield to maturity (YTM) for a premium bond is _____ its coupon rate.
A. greater than B. equal to C. less than

Answers

The yield to maturity is C. less than the coupon rate to be premium

You have just begun a new job as a bank teller at Santa's Elf Bank. Your supervisor asks you what the difference is between reserves and excess reserves in terms of banking. You want to impress your supervisor, so you recall what you learned in your economics course in order to form your response. What is the difference between reserves and excess reserves in terms of banking

Answers

Answer:

Excess reserves refer to the reserves that the banks have beyond the legally required reserve amounts. Reserves are the funds banks keep on hand to meet Federal Reserve requirements.

Explanation:

The financial institutions are the institutes comprising of the economic transactions and maintaining the surplus and deficit in the economy. It is the intermediate banking institution that lends and deposits the money to the customers and from the customers.

The difference between the reserves and the excess reserves:

Bank reserves are termed as the left amount of the cash that is kept by the bank to cover the situation of unexpected demand of the cash in the institute. The excess reserves are the amount of additional cash that has been kept with the bank in hand and declines to loan out as the amount is declared as the bank's cash in hand.

To know more about the difference between the  reserves and excess reserves, refer to the link below:

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IN YOUR OWN WORDS PLEASE!!!!!!!!!!!!!!!!!!! WILL MARK YOU BRAINLIEST

What is the Federal Reserve System?

I need 4-5 sentences

Answers

The Federal Reserve System (also known as the Federal Reserve or simply the Fed) is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises.[list 1] Over the years, events such as the Great Depression in the 1930s and the Great Recession during the 2000s have led to the expansion of the roles and responsibilities of the Federal Reserve System.

Ed is a freelance writer who could work for a newspaper for a salary of $25,000 a year but instead works for himself for $41,000 a year. His only business expenses are $1,000 for writing materials and $12,000 for rent. Ed's normal profit is $1,000. What is the total opportunity cost incurred by Ed in running his own business?

Answers

Answer:

$38,000

Explanation:

Opportunity cost is the benefit forgone for choosing another alternative by the individual.

In this case, the total opportunity cost incurred by Ed in running his own business is the cost that is needed to maintain the business and the opportunity to attain a salary of $25,000 for working for a newspaper. Calculation is as follows:

Business Expenses + Rent + Salary (not availed) = Opportunity cost

1,000 + 12,000 + 25,000 = $38,000

Hence, the opportunity cost for running his own business is $38,000.

On October 1, Hawking Corp. had 40,000 shares of $2 par value common stock outstanding before it declared a 2-for-1 stock split. At that time, its stock was selling for $50 per share.1. After the split, how many shares of common stock are outstanding and what is their par value per share?2. After the split, the number of shares outstanding is per share is _______ and the par value per share is ______.

Answers

Answer:

1. After the split, how many shares of common stock are outstanding and what is their par value per share?

40,000 stocks outstanding x 2 = 80,000 stocks outstanding after the stock split

par value of each stock = $2 / 2 = $1

Aren't both questions the same?

2. After the split, the number of shares outstanding is 80,000 and the par value per share is $1.

Explanation:

When a stock split happens, the total number of outstanding stock is just multiplied by the stock split factor, in this case it was 2, but other times it might be 4 or 7 (like Apple stock). You just multiply total outstanding stock by the split number. On the other hand, par value is calculated by dividing the current par value by the split number.

Looking outside the organization to examine what industry competitors and excellent performers outside of your industry are doing in a particular process is called: _____________a) Industrial espionage b) Unethical c) External benchmarking d) Hiring an outside expert e) Reverse engineering

Answers

Answer:

C) External benchmarking

Explanation:

This is seen to be a form of examining certain areas away from a company sector. Naturally, benchmarking is seen to posses four parts which include internal, external, practice and lastly performance. The discussed type is seen to be carried out after the internal is been done. It is usually done as a form of examination or test in many cases against another or other standards which the same rivals are seen to have in the same market. This test is also seen to produce factful finding in developing and adding value to a firm and whatsoever dealings they are proposed to embark on in a lot of scenarios.

Listening well is an important skill that falls under what skill category?
A. Communication skills
B. Organizational skills
C. Friendliness
D. Interpersonal skills
SUBMIT

Answers

Answer:

a.

Explanation:

Listening well is an important skill that falls under that falls under the category of communication skills. Therefore, the option A holds true.

What is the significance of communication skills?

Communication skills of an individual can be referred to or considered as the skills through he or she is able to interact with person(s), and build a healthy conversation. It involves talking to people on a daily basis through the regular course of life-events.

Not only being able to talk, but being able to listen in a good way, is equally essential for the purpose of understanding and interpreting the views and opinions described by the other person who is a part of the communication.

Therefore, the option A holds true and states regarding the significance of communication skills.

Learn more about communication skills here:

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