Jose purchased a delivery van for his business through an online auction. His winning bid for the van was $34,750. In addition, Jose incurred the following expenses before using the van: shipping costs of $1,470; paint to match the other fleet vehicles at a cost of $1,590; registration costs of $4,836, which included $4,600 of sales tax and an annual registration fee of $236; wash and detailing for $141; and an engine tune-up for $318.

Required:
What is Jose’s cost basis for the delivery van?

Answers

Answer 1

Answer:

Jose's cost basis for the delivery van = $42,410

Step-by-step explanation:

Cost basis of a fixed asset can be described the original value of an asset for tax purposes which includes the purchase price, shipping, installation, sales tax, and other costs incurred that are related to the purchase of the fixed asset and to make it be in conformity with other assets in its class.

Based on this explanation, Jose's cost basis for the delivery van can be calculated as follows:

Jose's cost basis for the delivery van = Winning bid + Shipping costs + Cost of painting to match other fleet vehicles + Sales tax = $34,750 + $1,470 + $1,590 + $4,600 = $42,410


Related Questions

An economist wants to estimate the mean per capita income (in thousands of dollars) for a major city in Texas. Suppose that the mean income is found to be $23.7 for a random sample of 4825 people. Assume the population standard deviation is known to be $11.2. Construct the 90% confidence interval for the mean per capita income in thousands of dollars. Round your answers to one decimal place.

Answers

The answer is 50%...

Help


See the picture

Answers

Answer:

38.63Step-by-step explanation:

Area x height

Answer:

SA = 12 mi²

Step-by-step explanation:

bottom = 2 x 2 = 4 mi²

one side = 1/2(2)(2) = 2 mi²

SA = 4(2) + 4 = 12 mi²

find the value of k if the roots
of 3x²-5x+k=0, differ by 2​

Answers

By the fundamental theorem of algebra, we can write the given quadratic in terms of its roots a and b as

3x ² - 5x + k = 3 (x - a) (x - b)

and upon expanding, we have

3x ² - 5x + k = 3x ² - (a + b) x + ab

Two polynomials are equivalent if their coefficients are equal, so

a + b = 5

ab = k

We're given that |a - b| = 2. If we assume a > b (that is, a is the larger root) then |a - b| = a - b = 2, or b = a - 2. Substitute this for b in the first equation above and solve for a :

a + (a - 2) = 5

2a - 2 = 5

2a = 7

a = 7/2

Solve for b :

b = 7/2 - 2

b = 3/2

Solve for k :

k = 7/2 × 3/2 = 21/4

What type of triangle is this if lengths of its sides are 37m, 24m, and 5m *​

Answers

Answer:

weird triangle

Step-by-step explanation:

Answer:

Scalene triangle

Step-by-step explanation:

Scalene triangle: If the length of all the sides of triangle have  different measurements then it is scalene triangle

Kristi has 2 ribbons that are the same length. She cuts each ribbon into 8 equal pieces. She uses 12 of the pieces to make bracelets. What fraction of the ribbon did she use?

Answers

So she cuts them so each one has 8 since there are two there will be 16 pieces

Out of those 16 she uses 12

So the fraction would be 12/16

But wait! We need to simplify it

Half it

6/8

Half it again

3/4

There ya go!

:))))

The average daily maximum temperature for Shane’s hometown can be modeled by the function f(x)=12.2cos(πx6)+54.9, where f(x) is the temperature in °F and x is the month.

x = 0 corresponds to January.

What is the average daily maximum temperature in March?

Round to the nearest tenth of a degree if needed.

Answers

Answer:

The average daily maximum temperature in March is of 61 degrees.

Step-by-step explanation:

The average daily maximum temperature in his hometown in x months after January is given by:

[tex]f(x) = 12.2\cos{(\frac{\pi x}{6})} + 54.9[/tex]

What is the average daily maximum temperature in March?

March is 3 - 1 = 2 months after January, so this is f(2).

[tex]f(2) = 12.2\cos{(\frac{\pi*2}{6})} + 54.9 = 61[/tex]

The average daily maximum temperature in March is of 61 degrees.

for brainliest!!! please help

Answers

Answer:

42º

Step-by-step explanation:

90-48=42

Answer:

[tex]42^{o}[/tex]

Step-by-step explanation:

The square angle indicates it is a right angle, which is [tex]90^{o}[/tex]

[tex]90^{o}[/tex] - [tex]48^{o}[/tex] = [tex]42^{o}[/tex]

In order to play on the 7th-grade basketball team, you must buy a team uniform. Last year a uniform cost $40, but this year a uniform cost $48. What is the percent of change?
-IMPORTANT-
show work please and thanks

Answers

Answer:

1/6 or 16.666%

Step-by-step explanation:

8/48 and there is your answer.

A simple closed figure bound by line segments is called polygon.


True or False?​

Answers

Answer:

A. True

Step-by-step explanation:

I majored in Mathematics

Lily has 3 dog toys that are red. One fifth of all her dog toys are red. How many dog toys does Lily have? Complete the explanation. Please I need help!!!!

Answers

Answer:

she has 15 dog toys

Step-by-step explanation:

mutlipy 3 by five because the top number is one

help me!!!!!!!!!!!!!
8/7 ( x - 100/220) + 4 ( x + 8/9) = 38

Answers

X = 53/3762 I’m guessing!

The relative growth rate for a certain type of bacteria population is 78% per hour. A small culture has formed and in just 5 hours the count shows to be 34,820 bacteria in the culture. What is the initial number of bacteria in the culture? us this formula to solve it and show all work A(t) = Pe^(rt).

Answers

Step-by-step explanation:

A(t)=P(e^(rt))

Insert the values as follows:

The equation for "continual" growth (or decay) is A = Pe^(rt), where "A", is the ending amount, "P" is the beginning amount (principal, in the case of money), "r" is the growth or decay rate (expressed as a decimal), and "t" is the time (in whatever unit was used on the growth/decay rate).

34820=P(e^((.78)(5)))

34830=P(49.4024)

704.82335

Hope that helps :)

After painting 3/8 of a fence he finds that he has painted 15 feet

Answers

Answer:

whats the question? theres no context other than that little bit

Answer:

The fence is 40 feet long.

Step-by-step explanation:

I suppose the question is "What is the length of the entire fence?"

Formula

3/8 x = 15                     Multiply both sides by 8

8*(3/8)x = 15*8             Cancel

3x = 120                       Divide by 3

3x/3 = 120/3

x = 40

HELP ME PLS, the function-

Answers

Could u write it out??

What is the next term in the sequence below?

0.35, 1.05, 3.15, 9.45, …
A. 15.75
B. 27.75
C. 28.35
D. 85.05

Answers

c
the answer is c because each number is the previous x3

Answer:

Its C

Step-by-step explanation:

VERY EASY, WILL GIVE 50 POINTS FOR CORRECT ANSWER ASAP AND WILL GIVE BRAINLIEST.

Answers

Answer:

he action or condition of becoming or being made wider, larger, or more open.

Step-by-step explanation:

answer is d the longer answer

I need help with this noww

Answers

Answer:

B) 6/√3

Step-by-step explanation:

It’s a 30-60-90 triangle, so you take the 6 and divide it by the square root of three.

PLS ANSWER QUICK, HELP

Answers

Answer:

1014 in

Step-by-step explanation:

(13 x 13) x 6 = 1014 in^3

Answer:

The answer should be A (676)

Step-by-step explanation:

The radius of a circle measures 3 ft. What is the circumference of the circle?
Use 3.14 for 11, and do not round your answer. Be sure to include the correct unit in your answer.

Answers

Answer:

18.85

Step-by-step explanation:

adwadad

I NEED HELP ASAP, I'LL GIVE BRAINLIST : Math

Answers

Answer:

8 quarts and 1 pint

Step-by-step explanation:

there are 2 pints in a quart and there is 19 pints so 8 times 2 equals 18 and one left over

if $5,250 is invested at 4.5% compounded monthly, what is the amount accumulated at the end of 10 years?

Answers

Answer:

In 10 years, you will have $793,789.89

Step-by-step explanation:

Counted with compound interest, i would need to know what was the initial but the answ is $793,789.89

find the value of x. round to the nearest tenth if needed.

Answers

[tex]6^{2}+8^{2}=x^{2} \\36+64=x^{2} \\100=x^{2} \\x=10[/tex]

How to do subtract 1.7 from 3 show your work

Answers

3-1.7 = 1.3 this should be what your looking for

What will the function f(x) = x² look like translated 3
units right and 8 units down?

Answers

Answer:

it will look the same, just shifted.

Step-by-step explanation:

The parabola will be the same shape, size, etc., it will simply be in a different location. Instead of the bottom of the parabola being at (0,0), it will be at (3, -8). translated right 3, down 8.

Write the equation of the quadratic function shown in the graph.

Answers

Answer:

Step-by-step explanation:

y = a(x-h)² + k, where (h,k) is the vertex.

vertex is clearly (0,0), so y = ax².

Plug in (3,3)  and solve for a:

3 = a3²

a = ⅓

y = ⅓x²

Which property is illustrated by each equation?
a. a + (b + c) = (a + b) + C
b. ab
= ba
c. a (b + c) = ab + ac

Answers

Answer:

a. = associative

b. = communitive

c. = distributive

Which triangles are similar to triangle ABC ?

Answers

Answer:

both of em

Step-by-step explanation:

Least common denominator in 1/30 + 1/24

Answers

Answer:

The LCD in 1/30 + 1/24 is 90.

its very easy just try it

Answers

the answer is a. biased

Answer:

it is biased

Step-by-step explanation:

What is y if x=6 eqaution=y=4x+5​

Answers

y=29 ! hope this helps
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