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amid [387]
2 years ago
12

Savion is restoring a car and has already spent $4,000 on the restoration. He expects to be able to sell the car for $5800. Savi

on discovers that he needs to do an additional $2,400 of work to make the car worth $5,800 to potential buyers. He could also sell the car now, without completing the additional work, for $3,800. What should he do?.
Business
1 answer:
aniked [119]2 years ago
3 0

Based on the amount that Savion would have to spend additionally, he should sell the car now because he would make more profit.

<h3>Why should Savion sell the car now?</h3><h3 />

If Savio makes additional work on the car, the profit would be:

= 5,800 - 2,400

= $3,400

This is as opposed to the $3,800 he could make from selling the car at $3,800 so the best thing to do is to sell the car.

Find out more questions on incremental costs at brainly.com/question/15279458.

#SPJ1

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Research shows that most managers have characteristics that fall into two or three decision-making styles, and that decision-mak
Alex787 [66]

Answer:

False

Explanation:

There are 3 main decision making styles that most of us have regarding our normal day to day activities that includes our work and our personal lives, e.g. families and individual decisions. They are consumer, business, and personal decision making styles.

But managers, and specially true leaders have it a little more complicated. The four main decision making styles that apply to leaders are:

  1. directive: type of autocratic leadership where the leader decides everything by himself/herself
  2. conceptual: look for different alternatives and analyze each one of them
  3. consultative: seek advice from colleagues and subordinates, but the leader makes the decision
  4. consensus: seek advice from others and decisions are made by the group

The second part of the question is true; this leadership styles vary across countries, occupations and job levels.

3 0
3 years ago
Seven books of the old testament that have no lines of poetry in them
ANTONII [103]

Answer:

Job

Psalms

Proverbs

the Song of Solomon

Lamentations

Ecclesiastes

Wisdom

5 0
2 years ago
Starbright manufactures child car seats, strollers, and baby swings. Starbright's manufacturing costs are budgeted as follows: F
Allushta [10]

Answer: $24865

Explanation:

The factory foremen salaries allocated to car Seats during the current month will be calculated as:

Factory foremen salaries = $86,000

Factory foremen salaries Machine hours = 18,850

Machine Hours for car seats = 5,450

Therefore, the factory foremen salaries allocated to car Seats during the current month will be:

= (86000 / 18850) × 5450

= $24865

6 0
3 years ago
When an intercompany inventory profit resulting from a sale by a less than 100% owned subsidiary to its parent is eliminated, th
joja [24]

Answer:

TRUE

Explanation:

It is true that when an intercompany inventory profit resulting from a sale by a less than 100% owned subsidiary to its parent is eliminated, the full amount (100%) of the decrease in profit is deducted from consolidated net income available to the parent shareholders.

Unrealized profits are the profit element not earned because they were not sold to third parties, it was basically a transfer between one company in a group (for example subsidiary) and another company in the same group (for example to the parent company).  

At the year-end, if the goods are still in inventory, any profit thereon cannot be recognized but eliminated. Therefore for consolidation purposes, this unrealized profit element is taken out of inventory value in order to reduce the inventory value back down to the lower of cost or net realizable value.  

This is done by crediting the inventory amount and debiting consolidated retained earnings.

3 0
3 years ago
When the government offers subsidies to state universities that admit students with B averages in high school,
kramer
The right answer for the question that is being asked and shown above is that: "supply of university admissions won’t be changed because demand for admission will increase." When the government offers subsidies to state universities that admit students with B averages in high school, supply of university admissions won’t be changed because demand for admission will increase.
8 0
3 years ago
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