Capitalized as part of the purchase price
Vincent pays $20,000 for equipment to use in his trade or business. He pays sales tax of $800 as a result of the purchase. Must the $800 tax be capitalized as part of the purchase price? Why or Why not?
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Perez Company began operations in 2009. Since then, it has reported the following gains and losses for its investments in trading securities on the income statement.
When he returns in the evening, will his room be warmer or cooler than the neighboring rooms? Why? Assume all the doors and windows are kept closed.
You arrive at a bus stop at 8:00 a.m. knowing that the bus will arrive at some time uniformly distributed between 8:45 and 9:03. (a) What is the probability that you will wait at least 40 minutes?
Tanner Furniture Company concluded its first year of operations in which it made sales of $800,000, all on installment. Collections during the year from down payments.
If the manufacturer's claim is true, what is the probability that the wood treatment on a randomly selected fence lasts a time less than 2540 days? Answer the question in (a) if the standard deviation is 25.1 days instead of 40.9 days.
On August 1, 2007, a company issues bonds with a par value of $600000. The bonds mature in 10 years, and pay 6% annual interest, payable each February 1st and August 1st.
An ideal gas is heated from 50 C to 80 C, (a) at constant volume and (b) at constant pressure. For which case do you think the energy required will be greater? Why?
A proton accelerates from rest in a uniform electric field of 626 N/C. At some later time, its speed is 1.32 x 106 m/s. (a) Find the magnitude of the acceleration of the proton.
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