Engler Company purchases a new delivery truck for $55,000. In addition, the sales taxes are $4,000. Engler also paints on the logo of the company on the side of the truck for $1,600. The truck license is an additional $160. The truck also undergoes a one-time safety testing for $290. Finally, the truck also requires a tune up and oil change for $500. What does Engler record as the cost of the new truck

Answers

Answer 1

Answer:

$61,390

Explanation:

Calculation to determine What does Engler record as the cost of the new truck

Using this formula

Cost of new truck=Purchase price+Sales tax, painting +Logo on the side of the truck +Safety testing +Tune up and oil change

Let plug in the formula

Cost of new truck=$55,000 + $4,000 + $1,600 + $290 +$500

Cost of new truck= $61,390

Therefore what Engler will record as the cost of the new truck is $61,390


Related Questions

For the strategy that you selected, develop an appropriate marketing mix (for example, what products should they offer, at what quality, with what ingredient choices, and so on). You should use the 4Ps to guide your development (but ensure that your marketing mix will effectively deliver the proposed strategy).

Answers

If the selected marketing strategy is to increase purchase desire and reach a greater number of consumers, the appropriate marketing mix is one aligned with the business niche, the company's values and its target audience.

The 4Ps of the marketing mix are:

Product.Price.Place.Promotion.

Assuming the business is a University Cafeteria, a marketing mix can be developed to increase sales like this:

Product:

It must add value and satisfy customer needs. If the potential customer is university students, the product offered may be healthy and quick snacks and meals.

Price:

The pricing strategy must enable business management and forecast the profit margin, so it is necessary to analyze production costs, labor, added  and market value.

As the target audience is young people without much purchasing power, the price must be low and competitive.

Place:

The place where the customer will find the product is essential in the strategy of a business, so a cafeteria located inside the university campus is a competitive advantage for a business.

Promotion:

A cafeteria offers non-durable products with high turnover and consumption, so the ideal promotional strategy to attract young people is to advertise on social media, gain loyalty through discount coupons and promotional combos.

Learn more here:

https://brainly.com/question/20380229

Most corporations pay quarterly dividends on their common stock rather than annual dividends. Barring any unusual circumstances during the year, the board raises, lowers, or maintains the current dividend once a year and then pays this dividend out in equal quarterly installments to its shareholders. a. Suppose a company currently pays an annual dividend of $2.80 on its common stock in a single annual installment, and management plans on raising this dividend by 6 percent per year indefinitely. If the required return on this stock is 12 percent, what is the current share price

Answers

Suppose a company currently pays an annual dividend of $2.80 on its common stock in a single annual installment, and management plans on raising this dividend by 6 percent per year indefinitely. If the required return on this stock is 12 percent, what  the current share price will be is : $49.47

Using this formula

P0 = [D0 × (1 + g)] / [r - g]

Where:

P0 = Current share price

D0=Annual dividend

g=growth

r=Required return

Let plug in the formula

P0= [$2.80 × (1 + 0.06)] / [0.12 - 0.06]

P0= [$2.80 × (1.06)] / [0.06]

P0= $2.968 / 0.06

P0= $49.47

Inconclusion suppose a company currently pays an annual dividend of $2.80 on its common stock in a single annual installment, and management plans on raising this dividend by 6 percent per year indefinitely. If the required return on this stock is 12 percent, what  the current share price will be is : $49.47

Learn more here:

https://brainly.com/question/13795928

A negative balance in the current account means that
a trade deficit definitely exists.
a trade surplus definitely exists.
the total amount of goods, services, and transfer payments flowing out of the economy is more than the total amount flowing in.
more is being spent on domestic goods than foreign goods.
the capital account is negative.

Answers

Answer: There are two categories in the BOP: the current account (CA) and the capital and financial account (CFA). If a transaction creates a liability, like selling a bond to another country, that gets counted in the capital and financial account. But if a transaction doesn’t create a liability (like the fancy red cars), the transaction gets counted in the current account.

Anything that occurs in one account is offset by the opposite happening in the other account. For example, if the current account increases by \$100$100dollar sign, 100, the capital and financial account must decrease by \$100$100dollar sign, 100. The fact that an entry in the current account is offset by an entry in the capital and financial account creates the mathematical identity:

Explanation:

what term is used to describe the process of reducing foreign exchange risks​

Answers

Answer:

business transactions are denominated in foreign currencies. In international accounting, a "hedge" is: ... a business transaction made to reduce the exposure of foreign exchange risk.

What leadership styles would you use to describe Carlos Slim Helu?

Answers

Answer:  autocratic

Explanation:

Carlos Slim's leadership style is autocratic since he centralizes the high level decisions, pedantically oversees his investments, and assumes responsibilities for his actions. . His style mechanics differentiate from most CEO's due the number of companies he runs and the variety of industries

Answer:

the  leadership style is autocratic

Explanation:

since he incorporates high-level decisions, meticulously supervises his businesses, and accepts responsibility for his actions.

Do you have a difficult boss? How do you handle
them?

Answers

I have a difficult boss my teacher Angelina teacher she always teach me a lesson, lesson mean a slap.
I handle her, when she slap me I see to my shoes and nikal deta all my guusa.

Which of the following are examples of limited resources on the part of consumers?

product and space
money and product
time and money
space and time

Answers

C. Time and money
I hope that this helped you

Answer:

C

Explanation:

Which government organization protects investors?
A. ADA
B. EEOC
C. FDA
D. SEC

Answers

Answer:

SEC

Explanation:

PLS MARK ME AS THE BRAINLIEST

Starting a small business is a challenging endeavor—what are some important factors that contribute to the success of a small business? What are some of the first steps that should be taken if someone is interested in starting a small business?

Answers

Answer:

Business licenses and permits issued by the state and municipal governments.

Equipment.

Legal expenses, particularly if you intend to incorporate.

Insurance for businesses.

Creating a brand and a website.

Market research is essential.

Inventory.

Publicizing.

Explanation:

Describe your business concept and future ambitions in your vision. Describe the sort of business you're starting, how you want it to expand in the coming year, and where you want to be in five years.

Mission: Describe the products and services you want to offer, your target market, and your unique selling proposition (what you will offer that your competitors do not). Take note of if you intend to be a home-based business that sells mostly online or if you intend to have a physical presence.

Pricing Strategy: You must create a competitive rate that will attract consumers while still allowing you to make a profit. This part should also provide a forecast of your company's earnings and costs.

hola ¡antes estaba como ruedanatalia222 nose que paso se me borro la cuenta los puntos los corazon los seguidores las CORONAS ¡¡¡:( estoy muy triste :( :(

Answers

Answer:

borro la cuenta los puntos los corazon

Explanation:

Explain why it is important for future managers to have global mindset ? Please help me, Thanks beforehand <3

Answers

Answer:

The main benefit of a global mindset is the organization's ability to combine speed with an accurate response. The organizational global mindset can bring about benefits that can manifest themselves in one or more competitive advantages.

Explanation:

Having an international mindset has not only proven to help boost productivity, profits, and project collaboration within the business, it also equips you with the tools and strategies to communicate effectively within the business and with international colleagues and understand how you can make a global impact .

According to new research published by the Harvard Business Review, a 'global mindset' is what candidates need to be successful in a global role in which they will need to be capable of adjusting to different environments and have the ability to work effectively with international colleagues.

In 2019, Whispering Enterprises issued, at par, 60 $1,000, 9% bonds, each convertible into 100 shares of common stock. Whispering had revenues of $17,100 and expenses other than interest and taxes of $8,100 for 2020. (Assume that the tax rate is 20%.) Throughout 2020, 2,400 shares of common stock were outstanding; none of the bonds was converted or redeemed.
(a) Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $
(b) Assume the same facts as those assumed for part (a), except that the 60 bonds were issued on September 1, 2020 (rather than in 2019), and none have been converted or redeemed. Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $
(c) Assume the same facts as assumed for part (a), except that 20 of the 60 bonds were actually converted on July 1, 2020. Compute diluted earnings per share for 2020

Answers

2019, Whispering Enterprises issued, at par, 60 $1,000, 9% bonds, each convertible into 100 shares of common stock. Whispering had revenues of $17,100 and expenses other than interest and taxes of $8,100 for 2020. (Assume that the tax rate is 20%.) Throughout 2020, 2,400 shares of common stock were outstanding; none of the bonds was converted or redeemed.

2019, Whispering Enterprises issued, at par, 60 $1,000, 9% bonds, each convertible into 100 shares of common stock. Whispering had revenues of $17,100 and expenses other than interest and taxes of $8,100 for 2020. (Assume that the tax rate is 20%.) Throughout 2020, 2,400 shares of common stock were outstanding; none of the bonds was converted or redeemed. (a) Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $

2019, Whispering Enterprises issued, at par, 60 $1,000, 9% bonds, each convertible into 100 shares of common stock. Whispering had revenues of $17,100 and expenses other than interest and taxes of $8,100 for 2020. (Assume that the tax rate is 20%.) Throughout 2020, 2,400 shares of common stock were outstanding; none of the bonds was converted or redeemed. (a) Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $ (b) Assume the same facts as those assumed for part (a), except that the 60 bonds were issued on September 1, 2020 (rather than in 2019), and none have been converted or redeemed. Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $

2019, Whispering Enterprises issued, at par, 60 $1,000, 9% bonds, each convertible into 100 shares of common stock. Whispering had revenues of $17,100 and expenses other than interest and taxes of $8,100 for 2020. (Assume that the tax rate is 20%.) Throughout 2020, 2,400 shares of common stock were outstanding; none of the bonds was converted or redeemed. (a) Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $ (b) Assume the same facts as those assumed for part (a), except that the 60 bonds were issued on September 1, 2020 (rather than in 2019), and none have been converted or redeemed. Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $ (c) Assume the same facts as assumed for part (a), except that 20 of the 60 bonds were actually converted on July 1, 2020. Compute diluted earnings per share for 2020

2019, Whispering Enterprises issued, at par, 60 $1,000, 9% bonds, each convertible into 100 shares of common stock. Whispering had revenues of $17,100 and expenses other than interest and taxes of $8,100 for 2020. (Assume that the tax rate is 20%.) Throughout 2020, 2,400 shares of common stock were outstanding; none of the bonds was converted or redeemed. (a) Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $ (b) Assume the same facts as those assumed for part (a), except that the 60 bonds were issued on September 1, 2020 (rather than in 2019), and none have been converted or redeemed. Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $ (c) Assume the same facts as assumed for part (a), except that 20 of the 60 bonds were actually converted on July 1, 2020. Compute diluted earnings per share for 2020

COMO CREES QUE SE PODRIA SOLUCIONAR LA POBREZA ?? POR FAVOR DOY CORONA , Y CORAZON ( E QUE NO SEPA NO ESCRIBA ) :(

Answers

Answer:

tenga pa que se entretenga

classify technical education with example?​

Answers

Answer:

A kind of education which equips with skills that involve the use of practical approaches and other physical instruments in executing projects. Technical education is learning something about a specific work scientifically in detail and practical.

A few common examples include schools and education programs that focus on science and engineering, information and technology, architecture and design, business and fipnance, health and social services, education and child development, hospitality and tourism, or the fine and performing arts.


What do you understand by "Industrialisation"?

Answers

Industrialisation is the period of social and economic change that transforms a human group to an industrial society from an agrarian society, involving the extensive manufacturing reorganisation of an economy. Industrialisation requires many key elements to grow on a significant scale. Your welcome

7) Using a fictional product or service, create a simple business plan by
answering the three questions business owners must consider.

The three questions a business owners must consider are;

1 What good will be produced?
2 How should it be produced?
3 For whom should it be produced?

What good will you produce, or what service will you provide?

Answers

Answer:

i will make legos

It will be produced in a production facility in denmark

will be produced for all genders ages 5+

Explanation:

Using a fictional product, my simple business plan would be based on these economic theories that is what to produce, how to produce and for whom to produce.

What to produce – I will produce herbal hair shampoo.How to produce – I would use both labor intensive and machine incentive techniques equally for production.Whom to produce- The core niche would be the women aged between 15 to 60.

What is a business plan?

A business plan is a written strategy that outlines the objectives and strategies for accomplishing the objectives of the business. It describes a company's go-to-market strategy, financial forecasts, market analysis, corporate objectives, and mission statement. The business plan may also include a timeframe and information about key personnel who are in charge of reaching the objectives.

A business plan is a crucial document intended for both internal and external audiences of a company. For instance, before a business has built a solid track record, a business plan is utilized to entice investment. Securing financing from financial entities might also be beneficial.

A business plan serves three purposes: it explains the organization's strategy to execute it over the long term, obtains funding from investors, and aids in projecting future company demands.

What is an economic theory?

An economic theory is a body of concepts and precepts that describes how various economies operate. An economist may use theories in many ways depending on their specific function. For instance, some theories seek to explain certain economic phenomena, such inflation or supply and demand, as well as the reasons behind them.

Economic theories seek to analyze the causes and effects of economic occurrences, as well as the optimal course of action for influencing or resolving them. They are an extensive set of presumptions, theories, definitions, and guidelines on what should be done in various economic circumstances. Positive and normative approaches to economic theory are the two main categories.

To learn more about Business plan, click here

https://brainly.com/question/15826604

#SPJ2

An unsecured loan is one which you:
Group of answer choices

A.Have a co-signer

B.Do not need collateral

C.Build up your credit score

D.Use your ATM card

Answers

Answer:

B.

Explanation:

You do not need collateral to be given an unsecured loan.

Jim would like to learn more about what it's like to be a in college.without having to take college classes or difficult exams. Witch program might be the best fit for him?

A. International baccalaureate
B. advanced placement
C. dual credit
D. articulated credit

Answers

B Advanced Placement

Pizza is a product. As you have learned, services are marketed differently. Hypothesize about how the service at your restaurant may be marketed in order to set your business apart from others. How is marketing a service different than for a product?

Answers

Answer:

It's very different

Explanation:

when marketing a product we are trying to show our customers the products by manipulating them with idols, Models..etc that will make the customers think it's a perfect thing to buy because they saw someone famous do it.

for example when you see Tonny Stark wat some pizza on tv you will want to buy the same pizza he is eating.

But for the service part it's intangible so they only can see it, by just showing how beautiful, fansy, luxurious and relaxing it is. For example when you see a commercial on tv about Hawaii.

6. One advantage of an enclosed office layout is that employees can be closely
monitored/supervised.

True
False

Answers

The answer is False

Answer:

false

Explanation:

Low supervision: it is more difficult to supervise each employee in private offices, however,  this is often a positive point allowing for greater responsibility, trust in employees and independence

is the amount of money you need to deposit now to attain a desired amount of money in the future.

1_Automatic value
2_Present value
3_Time value of money
4_Future value

Answers

Answer:

C

Explanation :

D

Who can check your credit score?

Answers

Current or potential creditors — like credit card issuers, auto lenders, and mortgage lenders — can pull your credit score and report to determine creditworthiness as well. Credit history is a major factor in determining (a) whether to give you a loan or credit card, and (b) the terms of that loan or credit card.

Hope this helps you!

What is organizing in business management

Answers

Answer:

Organizing involves assigning tasks, grouping tasks into departments, delegating authority, and allocating resources across the organization. ... Before a plan can be implemented, managers must organize the assets of the business to execute the plan efficiently and effectively.


A fixed resource is one that

Answers

Answer:i think its 4

Explanation:  i do not really know

Describe at least four ways you can take money out of a checking account. (1-4 sentences. 2.0 points)

Answers

List four ways Heidi can withdraw money from her checking account. Heidi can write a check, use an ATM, fill out a withdrawal slip and take it into the bank, or use online banking to transfer money to another account.

Blossom Company expects to have a cash balance of $78,200 on January 1, 2022. These are the relevant monthly budget data for the first two months of 2022
1. Collections from customers: January $120,700, February $248,200.
2. Payments to suppliers: January $68,000, February $127,500.
3. Wages: January $51,000, February $68,000. Wages are paid in the month they are incurred.
4. Administrative expenses: January $35,700, February $40,800. These costs include depreciation of $1,700 per month. All other costs are paid as 4. incurred.
5. Selling expenses: January $25,500, February $34,000. These costs are exclusive of depreciation. They are paid as incurred.
6. Sales of short-term investments in January are expected to realize $20,400 in cash. Blossom Company has a line of credit at a local bank that enables it to borrow up to $42,500. The company wants to maintain a minimum monthly cash balance of $34,000.
Prepare a cash budget for January and February.

Answers

Answer:

Blossom Company expects to have a cash balance of $78,200 on January 1, 2022. These are the relevant monthly budget data for the first two months of 2022 Collections from customers: January $120,700, February $248,200. 1. Payments to suppliers: January $68,000, February $127,500. 2. Wages: January $51,000, February $68,000. Wages are paid in the month they are incurred. 3. Administrative expenses: January $35,700, February $40,800. These costs include depreciation of $1,700 per month. All other costs are paid as 4. incurred. Selling expenses: January $25,500, February $34,000. These costs are exclusive of depreciation. They are paid as incurred. 5. Sales of short-term investments in January are expected to realize $20,400 in cash. Blossom Company has a line of credit at a local bank that enables it to borrow up to $42,500. The company wants to maintain a minimum monthly cash balance of $34,000. 6. Prepare a cash budget for January and February. (List items that increase cash balance first.)

BLOSSOM COMPANY Cash Budget January February $ $ tA TA

$ $

Explanation:

While in the restroom, you overhear your boss telling a colleague that Bob is going to be laid off at the end of the quarter in about two weeks time. Bob is a good friend of yours. Do you tell him? its about leadership

Answers

Answer:

While in the restroom, you overhear your boss telling a colleague that Bob is going to be laid off at the end of the quarter in about two weeks’ time. Bob is a good friend of yours.Do you tell him? Why or why not?a.Response/Approach: UTILITARIANISMi.As a good friend you are, you could HIGHLY encourage Bob look for a newjob and infer that you heard that there are budget cuts going to be happening and “anyone” could be “laid off.”7.One of the newest salespeople in your division is a real goof-off, never showing up for work on time, distracting other people with his antics and so on. You complain about him to your boss, who tells you the kid is the son of the company president. Your boss instructs you not only to leave the new guy alone but also to make his sales numbers look good by throwing him some no-brainer accounts. What do you do?a.Response/Approach: INDIVIDUAL RESPONSIBILITESi. As an employee of this company, you have the responsibility to report thisto a someone of higher status than just your boss. If your boss isn’t takingthe situation seriously, you need to stand up and tell higher authorities.ii.There is surely more people that are aware of this and if everyone aware backs you up, you can’t be fired or punished because then things would “become personal” and that can become a bigger issue that the presidentof the company is probably willing to deal with.

Explanation:

Utilitarianism is a moral philosophy, As a close buddy, you may strongly advise Bob to look for a new job infer that you heard budget cuts.

What exactly is utilitarianism?

Utilitarianism is a moral philosophy that favors activities that promote happiness or pleasure while opposing actions that cause misery or harm. A utilitarian ideology would seek the good of society as a whole when used to make social, economic, or political decisions.

As a close buddy, you may strongly advise Bob to look for a new job and infer that you heard budget cuts are coming and "anyone" could be laid off.

Therefore the above explanation aptly describes the solution to the scenario.

Learn more about utilitarianism here:

https://brainly.com/question/10548094

Establishing a secure customer or client base is an example of how to deal with this type of risk.
compliance risk
operational risk
strategic risk
financial risk

Answers

It would be Operational risky

Luther is a successful logistical services firm that currently has $5 billion in cash. Luther has decided to use this cash to repurchase shares from its investors, and has already announced the stock repurchase plan. Currently Luther is an all equity firm with 1.25 billion shares outstanding. Luther's shares are currently trading at $20 per share.The market value of Luther's non-cash assets is closest to:

Answers

The non-cash assets of Luther is closest to a market value of $20 billion.

Based on the accounting equation that Assets = Liabilities + Equity, the non-cash assets can also be determined as follows:

Non-cash Assets + Cash = Liabilities + Equity (market value)

Non-cash assets = 0 + $25 billion - $5 billion

Non-cash assets = $20 billion.

Data and Calculations:

Available cash = $5 billion

Number of equity shares = 1.25 billion

Current market price per share = $20

Market value of Equity = $25 (1.25 billion x $20)

Non-cash assets = $20 ($25 - $5) billion

Thus, Luther's non-cash assets has a market value of $20 billion.

Learn more about market value of assets at https://brainly.com/question/17924671


5. If an office makes equipment available in all offices and to all departments, then the firm is
practicing centralization of office equipment.

True
False

Answers

True.......

plz mark me as brain list

The answer is true.
Other Questions
What are organizational capabilities?A. The skills and knowledge that allow a firm to use its resourceseffectivelyB. The things the firm has acquired that are used to achieve its goalsC. The characteristics of the firm's teams of skilled employeesD. The skills of the firm's senior managers and executives someone help me with this please how do u make a chicken Which statement best explains why ice cubes will melt in a glass of tea?The tea becomes saturated.The ice cubes gain energy.The teas freezing point increases.The ice cubes melting point decreases. Why is color NOT the best property to identify minerals A) different minerals can have the exact same colors B) all minerals have the same streak C) color can change due to impurities D) all minerals have one type of element A circle is centered at A(-5,-8)A(5,8)A, left parenthesis, minus, 5, comma, minus, 8, right parenthesis. The point M(-1,-3)M(1,3)M, left parenthesis, minus, 1, comma, minus, 3, right parenthesis is on the circle. Where does the point V(-11,-6)V(11,6)V, left parenthesis, minus, 11, comma, minus, 6, right parenthesis lie?PPLLLSSSSS HELPPPP!!!!!! I will mark brainliest!!!! 9 cm4 cm114 cm5 cm PLZ HELP I NEED IT DONE What makes an isotope radioactive? Are all isotopes radioactive? $4,500,000 is what percent of $5,000,000? HELP PLZ QUICK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Which on is it help plsssssssssssssssssssssss ABCD whats the domain of this relation? Multitasking systems _____.are easier to develop than single programming systemsexecute each job fasterexecute more jobs at the same timeare used only in large mainframe computers PLEASE HELP MEEE I WILL MARK BRAINLIST FOR THIS ITS SUPER SIMPLE....all I need you to do its to type out these pictures word for word it pretty simple NO LINKS OR UNUSEFUL ANSWERSWhat is the trade off between the input and output forces when someone uses a screw? two sides of a triangle are 4 and 6 the third side cant be what A 2 b 4 c 6 d 8 please respond asap Which sentence is punctuated correctly? Our class is learning, about plant cells and Rezas class, is learning about animal cells. Our class, is learning about plant cells and Rezas class, is learning about animal cells. Our class is learning about plant cells and Rezas class is learning about animal cells. Our class is learning about plant cells, and Rezas class is learning about animal cells. what struggles did jackie robinson faced What was promised to Christians for participating on the Crusade.