E10.3 (LO 1) Excel (Acquisition Costs of Trucks) Kelly Clarkson Corporation operates a retail computer store....
E10.3 (LO 1) Excel (Acquisition Costs of Trucks) Kelly Clarkson Corporation operates a retail computer store. To improve delivery services to customers, the company purchases four new trucks on April 1, 2020. The terms of acquisition for each truck are described below. 1. Truck #1 has a list price of $15,000 and is acquired for a cash payment of $13,900. 2. Truck #2 has a list price of $16,000 and is acquired for a down payment of $2,000 cash and...
Kelly Clarkson Corporation operates a retail computer store. To
improve delivery services to customers, the company purchases four
new trucks on April 1, 2014. The terms of acquisition for each
truck are described below.
1.
Truck #1 has a list price of $32,850 and is acquired for a cash
payment of $30,441.
2.
Truck #2 has a list price of $35,040 and is acquired for a down
payment of $4,380 cash and a zero-interest-bearing note with a face
amount of...
Can i get a little help with this please
E10-3 (Acquisition Costs of Trucks) Kelly Clarkson Corporation operates a retail computer store. To improve delivery services to customers, the company purchases four new trucks on April 1, 2014. The terms of acquisition for each truck are described below 1. Truck #1 has a list price of-$15,000 and is acquired for a cash payment of $13 900 2 Truck #2 has a list price of $16 cash and a zero-interest bearing...
Wildhorse Corporation operates a retail computer store. To improve delivery services to customers, the company purchases four new trucks on April 1, 2017. The terms of acquisition for each truck are described below.1.Truck #1 has a list price of $15,150 and is acquired for a cash payment of $14,039.2.Truck #2 has a list price of $16,160 and is acquired for a down payment of $2,020 cash and a zero-interest-bearing note with a face amount of $14,140. The note is due April 1, 2018....
Swifty Corporation operates a retail computer store. To improve delivery services to customers, the company purchases four new trucks on April 1, 2017. The terms of acquisition for each truck are described below. 1. Truck #1 has a list price of $27,750 and is acquired for a cash payment of $25,715. 2. Truck #2 has a list price of $29,600 and is acquired for a down payment of $3,700 cash and a zero-interest-bearing note with a face amount of $25,900....
Sarasota Corporation operates a retail computer store. To improve delivery services to customers, the company purchases four new trucks on April 1, 2020. The terms of acquisition for each truck are described below. 1. Truck #1 has a list price of $22,350 and is acquired for a cash payment of $20,711. 2. Truck #2 has a list price of $23,840 and is acquired for a down payment of $2,980 cash and a zero-interest-bearing note with a face amount of $20,860....
Novak Corporation operates a retail computer store. To improve delivery services to customers, the company purchases four new trucks on April 1, 2020. The terms of acquisition for each truck are described below. 1. Truck #1 has a list price of $42,150 and is acquired for a cash payment of $39,059. 2. Truck #2 has a list price of $44,960 and is acquired for a down payment of $5,620 cash and a zero-interest-bearing note with a face amount of $39,340.The...
Shamrock Corporation operates a retail computer store. To improve delivery services to customers, the company purchases four new trucks on April 1, 2020. The terms of acquisition for each truck are described below. 1. Truck #1 has a list price of $29,550 and is acquired for a cash payment of $27,383. 2. Truck #2 has a list price of $31,520 and is acquired for a down payment of $3,940 cash and a zero-interest-bearing note with a face amount of $27,580....
Oriole Corporation operates a retail computer store. To improve
delivery services to customers, the company purchases four new
trucks on April 1, 2017. The terms of acquisition for each truck
are described below.
1.
Truck #1 has a list price of $52,950 and is acquired for a cash
payment of $49,067.
2.
Truck #2 has a list price of $56,480 and is acquired for a down
payment of $7,060 cash and a zero-interest-bearing note with a face
amount of $49,420....
Your answer is partially correct. Try again. Concord Corporation operates a retail computer store. To improve delivery services to customers, the company purchases four new trucks on April 1, 2020. The terms of acquisition for each truck are described below. 1. Truck #1 has a list price of $58,350 and is acquired for a cash payment of $54,071. 2. Truck #2 has a list price of $62,240 and is acquired for a down payment of $7,780 cash and a zero-interest-bearing...