Answer:
$250,000
Explanation:
Since the purchase cost of an old equipment is already incurred and it does not have any kind of impact in decision making so this cost would be considered as the sunk cost i.e. $250,000
The operating cost of old & new equipment would be relevant for calculating the annual cost savings and the current selling value of the old equipment would also be relevant as salvage value
Therefore $250,000 would be considered
Answer:
Topeka
The City of Topeka, located 60 miles west of KC Metro area, serves as both the state capital of Kansas and the county seat of Shawnee County, Kansas. Topeka is the fifth largest city in Kansas behind Wichita, Overland Park, Kansas City, and Olathe. The land within the City covers about 62.67 square miles.
Answer:
The answer is option D) In doing "aggregate planning" for a firm producing paint, the aggregate planners would most likely deal with: all the different sizes and all the different colors by size.
Explanation:
Aggregate planning is concerned with forecasting the needs operational needs of an organization and making provisions for them ahead of time.
Aggregate planners develop, analyze, and draft an estimated schedule of the overall operations of an organization.
This estimated schedule contains targeted sales forecasts, production levels, inventory levels, and customer backlogs.
In doing "aggregate planning" for a firm producing paint, the aggregate planners would most likely deal with: all the different sizes and all the different colors by size.
The purpose of aggregate planning is to maximize the utilization of equipment in order to increase productivity levels.
Answer:
The answer is: Owner is personally liable for all debts of the business.
Explanation:
Sole proprietorship is the oldest type of business, where a single person is the owner of a business.
Some of the advantages of sole proprietorship are:
- the simplest and most flexible business structure.
- owner has complete control and full decision making powers
- easy to close down the business
- profits are taxed at the owner´s tax rate
Some of the disadvantages of sole proprietorship are
:
-
owner is personally liable for all debts of the business
.- if the business goes bankrupt, usually the owner does also
- death or illness of the owner will lead to the end of the business.
- difficulties in raising capital from outside sources
Answer:
<u><em>Procedure to pass new tax laws:</em></u>
1. First, a representative sponsors a bill.
2. The bill is then assigned to a committee for study.
3. If released by the committee, the bill is put on a calendar to be voted on, debated or amended
4. If the bill passes by simple majority (218 of 435), the bill moves to the Senate.
5. After Congress passes the bill,
6. it goes to the president, who can either sign it into law or veto it.
