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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

#SPJ4

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Paid salaries to staff 1500<br>​
Pepsi [2]
I don’t understand what the question is...
7 0
3 years ago
What is it called when banks record which account gives up money and which account receives money when a customer writes a check
swat32

Answer:

Check Clearing

Explanation:

The process by which bank records which account gives up money is called check clearing. Check clearing is the process by which banks record whose account gives up money and whose account receives money when a customer writes a check. A bank holding company is a company that owns multiple banks.

4 0
3 years ago
You expect to receive year-end bonuses of $8,000 at the end of this year, $16,000 at the end of year 4, $20,000 at the end of ye
yulyashka [42]

Answer:

Total PV= $46,728.79

Explanation:

Giving the following information:

Cash flow:

Cf1= $8,000

Cf4= $16,000

Cf8= $20,000

Cf10= $25,000

Discount rate= 6%

To calculate the present value, we need to use the following formula on each cash flow:

PV= FV/(1+i)^n

Cf1= 8,000/(1.06^1)= 7,547.17

Cf4= 16,000/(1.06^4)= 12,673.50

Cf8= 20,000/(1.06^8)= 12,548.25

Cf10= 25,000/(1.06^10)= 13,959.87

Total PV= $46,728.79

7 0
3 years ago
An oligopolistic market structure is distinguished by several characteristics, one of which is either similar or identical produ
Diano4ka-milaya [45]

Answer:

Difficult entry, Mutual interdependence, Market is control by a few large firms.

Explanation:

An Oligopolistic market very few organisations control a particular market share. Likewise, when another organisation attempts to enter the market, there are obstructions set up by the current organisations. Similarly, if one organisation changes or alter a commodity, it affects all other firms and organisations. So there is mutual interdependence in the oligopolistic market. There is high mutual interdependence because firms produce identical or the same goods and services.

6 0
3 years ago
Sales of Schwinn's apartment-sized exercise machine have experienced a steady climb; however, the profits have been negative. Th
Alchen [17]

Answer:

<em>The Schwinn exercise machine is most likely in the</em> <u>introduction</u><em> stage of the product life cycle.</em>

Explanation:

The life cycle of a product is characterized by the phases:

1- introduction,

2- growth,

3- maturity

4- decline.

The first step is the introduction, which characterizes the product's insertion in the market, and includes business efforts to make consumers aware of the product. This phase has as its main characteristics the <u>low volume of production and sales.</u>

8 0
3 years ago
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