Bonita Industries is considering buying equipment for $280000 with a useful life of five years and an estimated salvage value of $12000. If annual expected income is $21000, the denominator in computing the annual rate of return is O $280000 O $140000 O $292000. $146000 Save for Later Attempts: 0 of 1 used Submit Answer Current Attempt in Progress During September, the capital expenditure budget indicates a $460000 purchase of equipment. The ending September cash balance from operations is budgeted to be $61000. The company wants to maintain a minimum cash balance of $29000. What is the minimum cash loan that must be planned to be borrowed from the bank during September? O $399000 O $489000 $431000 O $370000 Save for Later Attempts: 0 of 1 used Submit Awe Current Attempt in Progress Parnell Company prepared its income statement for internal use. How would amounts for cost of goods sold and variances appear O Cost of goods sold would be at standard costs, and variances would be reported separately. o Cost of goods sold would be combined with the variances, and the net amount reported at actual cost. O Cost of goods sold would be at actual costs, and variances would be reported separately. O Cost of goods sold would be combined with the variances, and the net amount reported at standard cost. Save for Later Attempts:0 of 1 used Submit