Whattt? Thanks for the points
Answer:
Option (B) is correct.
Explanation:
A sunk cost is a cost that was already incurred in the past, alternatively we can say that it is a past cost. These are the costs which cannot be recovered in the future.
The examples of the sunk cost is depreciation expenses, salary expenses, maintenance expense etc.
Therefore, it is not considered in the decision making process which will be held in the future
Since, in the given question, the amount of $12,000 was invested eight years ago which is not recovered now. So, we considered this cost as a sunk cost.
I would think active thinking. so she has to actually think about it instead of sitting there
This process of discovering and analyzing business data in order to group multiple users and access rights under one business or technical role candidate is called Role Mining or Role Discovery.
orrr
People just keep meddling in other peoples problems and they going to get karma!
Gross profits is defined as the total profit generated minus the costs of goods sold, that is, gross profit = sales - costs of goods sold.
From the question given,
Net sale = $ 100,000
Costs of goods sold = $ 70,000
Gross profit = $100,000 - $70,000 = $30,000.
Thus, the gross profit is $30,000.
Operating expenses is not directly involved in the production process that is why it is not used in the calculation of gross profit. But the operating cost will be involved in the calculation if we are asked to calculate the NET PROFIT.
