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3 years ago

Depreciation is a _____, a cost that cannot be affected by any future action.

2 answers:

7 0

Depreciation is a sunk cost. It is the value lost on an asset after consumption. In accounting, depreciation cost qualifies as a sunk cost because it is already lost and cannot be recovered. For that reason, it is correct to ignore depreciation cost when determining the future course of a business.

Allisa [31]3 years ago

6 0

Correct Answer is B, Sunk Cost.

Depreciation is a Sunk Cost. A cost that cannot be affected by any future action.

Depreciation is basically a cost of an asset that reduces over time.

Sunk Cost is the cost that has already acquired and cannot be pulled through.

So Depreciation is a sunk cost. A cost that has already been incurred and cannot be recovered. All assets depreciate over time.

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Which of the following is TRUE of risk? A. Risk and return are inversely proportionate to each other. B. Riskier investments te

scoray [572]

Answer:

The answer is: D) Risk is a measure of the uncertainty surrounding the return that an investment will earn.

Explanation:

Investment risk refers to the probability of losing an investment. It measures the uncertainty level of earning returns from an investment.

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3 years ago

Cumulative preferred stock carries the right to be paid both current and all prior periods' unpaid dividends before any dividend

alexgriva [62]

Answer: True

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Also in the event of liquidation they will be preferred before any common stock holders.

Thus, the given statement is true.

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3 years ago

All of the following statements are true regarding negotiated municipal underwritings EXCEPT the:A initial offering price of eac

Sever21 [200]

Answer:

Explanation:

customer must be sent a copy of the official statement, if available

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3 years ago

Miracle Clean's variable costs are $3.00 per bottle and Fixed Expenses are $350,000 per year. The company currently sells 150,00

DerKrebs [107]

Answer:

131,250= number of units

Explanation:

Giving the following information:

We need to calculate the number of units to be sold to maintain a profit of $175,000.

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Selling price= $7

Net income= total contribution margin - fixed cost

175,000= number of units*(7 - 3) - 350,000

525,000 = number of units*4

525,000 / 4= number of units

131,250= number of units

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