A car dealer acquires a used car for 14000terms fob

Assignment Help Accounting Basics
Reference no: EM13614297

A car dealer acquires a used car for $14,000,terms FOB shipping point. Additional costs in obtaining andoffering the car for sale include $250 for transportation-in, $900for import duties, $300 for insurance during shipment, $150 foradvertising, and $1,250 for sales staff salaries. For computinginventory, what cost is assigned to the used car? (Omit the"tiny_mce_markerquot; sign in your response.)

Reference no: EM13614297

Questions Cloud

At what speed must they pass through the furnace to be at : steel rods of 0.05m diameter are heat treated by being passed through a heat-treating furnace in which the atmosphere
A small plastic sphere with a charge of -70 nc is near : a small plastic sphere with a charge of -7.0 nc is near another small plastic sphere with a charge of -12 nc. if the
A series lr circuit includes a 90 v battery a resistance of : a series lr circuit includes a 9.0. v battery a resistance of 0.500 ? and an inductance of 0.800 h. what is the
Lenzs law is said to be a consequence of the principle of : lenzs law is said to be a consequence of the principle of conservation of energy. explain this statement by describing
A car dealer acquires a used car for 14000terms fob : a car dealer acquires a used car for 14000terms fob shipping point. additional costs in obtaining andoffering the car
Derive the transfer function of this system with a : for a first order system with a transfer function of 15s2 given a unit step input pleasea. derive the transfer function
An emf of 10 v is applied to a coil with an inductance of : an emf of 10 v is applied to a coil with an inductance of 40 mh and a resistance of 5.0 ? determine the energy stored
A series lr circuit includes a 90 v battery a resistance of : a series lr circuit includes a 9.0. v battery a resistance of 0.500 ? and an inductance of 0.800 h. what is the
The controller of a school district had recorded the : the controller of a school district had recorded the entireproperty tax levy 20m as revenues when levied during the

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd