In 2009, Kendall Ford, an automobile dealership, spends $20,000 on a new car lift for its repairshop, $2,000 on a new copy machine for its sales division, and $600,000 on Ford Motor companystock. Unsold cars and trucks were valued at $400,000 on January 1, 2009 and unsold cars andtrucks were valued at $900,000 on December 31, 2009. What is Kendall Ford's total investmentspending in 2009?
A) $22,000
B) $322,000
C) $522,000
D) $1,022,000
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “In 2009, Kendall Ford, an automobile dealership, spends $20,000 on a new car lift for its repairshop, $2,000 on a new copy machine for its ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
In which phase of the business cycle would the economy be if the unemployment rate continues to rise by 2% each quarter
Answers (1)
you have been accepted into college. The college guarantees that your tuition will not increase for the four years you attend college. The first $ 10 comma 600 tuition payment is due in six months.
Answers (1)
Hannah works as a flight attendant. her job requires her to work night shift at a local grocery store every other day. she has trouble sleeping, which is most likely due to
Answers (1)
Explain how most businesses are both debtors and creditors
Answers (1)
A driver whose BAC is lower than. 08 cannot face DWI charges
Answers (1)
New Questions in Business
Five jobs are waiting to be processed. Their processing times and due dates are given below. Using the shortestprocessing time dispatching rule, in which order should the jobs be processed?
Answers (1)
Acme Foods wants to make its chips saltier, but it doesn't want to spend more than it has to on salt. A sample of consumers are asked to compare its current chip (saltiness = 100) with saltier versions and to say whether the new version is saltier.
Answers (1)
Which of the following comparisons best isolates the impact of a change in activity on performance?
Answers (1)
If an investor anticipates an annual rental income from a leased property to be $400,000 dollars, this expected sum has a direct bearing on what the investor will pay for the property. This is an example of
Answers (1)
In comparison to industry averages, Okra Corp. has a low inventory turnover, a high current ratio, and an average quick ratio. Which of the following would be the most reasonable inference about Okra Corp.? A. Its current liabilities are too low. B.
Answers (2)