Tamarisk 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 $43,950 and is acquired for a cash payment of $40,727.
2. Truck #2 has a list price of $46,880 and is acquired for a down payment of $5,860 cash and a zero-interest-bearing note with a face amount of $41,020. The note is due April 1, 2021. Tamarisk would normally have to pay interest at a rate of 10% for such a borrowing, and the dealership has an incremental borrowing rate of 8%.
3. Truck #3 has a list price of $46,880. It is acquired in exchange for a computer system that Tamarisk carries in inventory. The computer system cost $35,160 and is normally sold by Tamarisk for $44,536. Tamarisk uses a perpetual inventory system.
4. Truck #4 has a list price of $41,020. It is acquired in exchange for 960 shares of common stock in Tamarisk Corporation. The stock has a par value per share of $10 and a market price of $13 per share.

Required:
Prepare the appropriate journal entries for the above transactions for Tamarisk Corporation.

Cardinal company is considering a project that would require a $2,725,000 investment in equipment with a useful life of five years. at the end of five years, the project would terminate and the equipment would be sold for its salvage value of $400,000. the company’s discount rate is 14%. the project would provide net operating income each year as follows: sales $2,867,000 variable expenses 1,125,000 contribution margin 1,742,000 fixed expenses: advertising, salaries, and other fixed out-of-pocket costs $706,000 depreciation 465,000 total fixed expenses 1,171,000 net operating income $571,000 1. which item(s) in the income statement shown above will not affect cash flows? (you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. any boxes left with a question mark will be automatically graded as incorrect.) (a)sales (b)variable expenses (c) advertising, salaries, and other fixed out-of-pocket costs expenses (d) depreciation expense 2. what are the project’s annual net cash inflows? 3.what is the present value of the project’s annual net cash inflows? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.) 4.what is the present value of the equipment’s salvage value at the end of five years? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.) 5.what is the project’s net present value? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.)

Describe what fixed costs and marginal costs mean to a company.

By which distribution system is more than 90 percent of u.s. coal shipped? a. pipelinesb. trucksc. waterwaysd. railroadse. none of the above