X Ltd purchased a new motor vehicle for $50 000 less a trade-in allowance of $10 000 on its old vehicle. The balance of $40 000 was paid in cash. The company name and logo are painted onto the sides and roof of the vehicle at a cost of $2 000. X Ltd installs premium brakes and makes suspension adjustments at a cost of $5 000. A petrol card for use with the new vehicle is acquired at a cost of $500. The new vehicle collided with pot hole after being picked up from the dealership resulting in the replacement of 2 wheel rims and tyres at a cost of $3 000. What is the cost of the new vehicle for accounting purpos

During the current year, luis university received a $50,000 gift from an alumna who specified that it must be used to pay travel costs for faculty to attend health care conferences in foreign countries. during the year the university spent $8,000 to support travel to a health care conference in italy. the $8,000 disbursement will cause a net decrease in which class of net assets?

What are the factors that affects on the process of planning

Because of the violent nature of the sport, professional american football players are at risk of suffering concussions (or brain injuries) during the violent collisions that occur between players during the game. violent collisions involving hits to the head are particularly risky. suppose the commissioner of the national football league (nfl) institutes a rule requiring players to wear a new, lighter helmet that is designed to reduce head trauma during collisions between players on the field. while the new helmets the probability of a concussion resulting from each individual collision, at the same time the new helmets could also give football players an incentive to play more , which could potentially the amount of violent collisions and thus the number of concussions suffered by nfl players, all else equal.