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KIM [24]
2 years ago
6

The economic rule of thumb that only future costs and benefits, not past commitments, should be considered in making a decision

is the:________
Business
1 answer:
insens350 [35]2 years ago
3 0

The monetary rule of thumb that most effective destiny expenses and benefits, no longer past commitments, should be taken into consideration in your decision is the: sunk cost principle.

Regulations of thumb no longer account for unique circumstances or elements going on at a particular time, or that would trade over time, which ought to be considered for making sound financial decisions.

A rule of thumb is a rule or precept that you follow which isn't based totally on exact calculations but is an alternative to enjoy. an amazing rule of thumb is that a broking needs to generate income of ten instances of his salary. more often than not of thumb, a cup of filter espresso incorporates approximately 80mg of caffeine.

A rule of thumb is an extensively accurate guide or principle. it is primarily based on experience or practice in place of concept. inside the valuation industry, these are quick statements like “all organizations in x industry sell for 1 times its revenue.” as an example, all insurance businesses promote for 1 to at least one.5 instances their cash waft.

Learn more about rule of thumb here: brainly.com/question/14525907

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If the price of basketballs goes up from $7.99 to $14.99, what can be expected from suppliers of basketballs as a result?
blagie [28]

If the price of basketballs goes up from $7.99 to $14.99, what can be expected from suppliers of basketballs as a result there will be an increase in quantity supplied.

In economics, quantity supplied represents the number of goods or services that a supplier produces and sells at a given market price. Supply is different from the actual supply (that is, total supply). This is because price changes affect how much suppliers actually put into the market.

A quantity supplied is the quantity of a product that a retailer intends to sell at a specific price, called the delivery quantity. A time period is also usually specified when describing shipping quantities. Example: If the price of an orange is 65 cents, he has a supply of 300 per week.

Learn more about the quantity supplied here: brainly.com/question/28072862

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3 0
1 year ago
Tammy has just opened a donut shop called the rabbit hole. given that the rabbit hole is in its start-up phase, which of these w
Yakvenalex [24]
Sisgsksbgkavaknaks sbs
8 0
3 years ago
The First Bank of Flagstaff has issued perpetual preferred stock with a $100 par value. The bank pays a quarterly dividend of $1
Olegator [25]

Answer:

$56.89

Explanation:

The computation of the current price of this preferred stock is shown below:

= Annual dividend ÷ required rate of return

where,

Annual dividend equal to

= Quarterly dividend × number of quarters in a year

= $1.65 × 4 quarters

= $6.6

And, the required rate of return is 11.6%

Now put these values to the above formula  

So, the price would equal to

= $6.6 ÷ 11.6%

= $56.89

5 0
3 years ago
During the taking of its physical inventory on December 31, Almond Supplies Company incorrectly counted its inventory as $545,00
IceJOKER [234]

Answer and Explanation:

The effect of undervaluation of Inventory is shown below:-

Inventory Understated = Inventory counted + Correct value of inventory

= $545,000 - $554,000

= $9,000

Now, the effect of undervaluation of Inventory is

Cost of goods overstated by $9,000

Net income understated by $9,000

Retained earning understated by $9,000

Assets (Current assets - Inventory) understated by $9,000

5 0
3 years ago
Mike wants to purchase an $11,350 car with a loan from a credit union that requires a 20% down payment. what amount will Mike bo
djyliett [7]
He will borrow 80% of the cost of the car.
80/100*11350= <span>$ 9080</span> 
4 0
3 years ago
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