Making a choice between an inductive outline or a deductive outline is as important in writing an email message or memorandum as in writing a letter
Indicate whether the statement is true or false
T
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Assume that Trader Pete's, an organic food retailer in the United States, recently purchased a new refrigeration system for its Washington, DC, store. Trader Pete's paid $1.3 million for the refrigeration unit and paid an additional $120,000 to modify the unit to meet its specific needs. Trader Pete's paid $55,000 for the transportation and installation of the unit, plus $48,000 for an annual
insurance premium for the first year, which begins next month. Finally, assume that Trader Pete's hired a refrigeration technician, who is charged with the maintenance of the unit; that technician's annual salary is $80,000 . How much should Trader Pete's record as the acquisition cost of the refrigeration unit? a. $1,300,000 b. $1,420,000 c. $1,475,000 d. $1,523,000 e. $1,603,000
Which is correct?
a. Staying in shape and a balanced diet go together. b. Staying in shape and maintaining a balanced diet go together.
An entrepreneur is looking for funds to form a prototype and pitch the product. Which of the following should NOT be considered at this stage?
a. crowdfunding b. family and friends c. personal loans d. venture capitalists
Sentra Sporting Company sells tennis rackets and other sporting equipment. The purchasing department manager prepared the inventory purchases budget. Sentra's policy is to maintain an ending inventory balance equal to 15% of the following month's cost of goods sold. January's budgeted cost of goods sold is $70,000. October November DecemberBudgeted Cost of Goods Sold60,000 40,000 50,000Plus: Desired Ending Inventory6,000 ? ?Inventory Needed66,000 ? ?Less: Beginning Inventory9,000 ? ?Required purchases (on Account)57,000 ? ??What is the amount of cost of goods sold the company will report on its fourth quarter pro forma income statement?
A. $50,000 B. $100,000 C. $150,000 D. $162,300