Business Finance
accounting queston 3

Question Description

i am stuck on the following problem. here is a pic of the problem

http://imgur.com/lKUTWtg

use this following link as a guide on how to show all work/how u got the answers

https://www.studypool.com/free/157147/accounting-q...

thanks in advance

Final Answer

D.$210,060

A expenditure incurred on asset to make in present condition and location is included in the cost

    List price                                                                                    =$210,000

-Cash discount@3.4% on list price  (3.4%*210,000)                   =$7140

+Freight charges                                                                           =$2,800

+Installation charges                                                                     =$4,400

Total cost of asset                                                                         =$210,060

where insurance cost cannot take part in total cost


Purdue University

Anonymous
I was on a very tight deadline but thanks to Studypool I was able to deliver my assignment on time.

Anonymous
The tutor was pretty knowledgeable, efficient and polite. Great service!

Anonymous
Heard about Studypool for a while and finally tried it. Glad I did caus this was really helpful.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors