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erma4kov [3.2K]
3 years ago
8

The Tolar Corporation has 600 obsolete desk calculators that are carried in inventory at a total cost of $864,000. If these calc

ulators are upgraded at a total cost of $200,000, they can be sold for a total of $260,000. As an alternative, the calculators can be sold in their present condition for $40,000 What is the financial advantage (disadvantage) to the company from upgrading the calculators?
Business
1 answer:
Setler79 [48]3 years ago
8 0

Answer:

The financial advantage over option 2 is $ 20 000 and $ 60 000 in total sales value.

Explanation:

The company has 2 options for the obsolete desk calculators. They can either upgrade them or sell them as they are. We need to compare the 2 options to evaluate their advantage or disadvantage.

To upgrade the calculators we need to spend $200000. However we will then be able to sell the calculators for $260000. This equates to a $60 000 gain

Under option 2 we will just sell the calculators as is for $ 40 000.

Option 1 is the better option. The financial advantage over option 2 is thus $ 20 000 and $ 60 000 in total.

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Heidi, the founder of Camp Bow Wow, proves herself to be a leader as she asks her employees for suggestions and inputs before ma
andreyandreev [35.5K]

Answer: the correct answer is Consideration

Explanation:

Heidi, the founder of Camp Bow Wow, proves herself to be a leader as she asks her employees for suggestions and inputs before making decisions. In the given context, Heidi demonstrates <u>consideration</u>.

5 0
3 years ago
A bank asks customers to evaluate the drive-thru service as good, average, or poor. Which level of measurement is this classific
Lelechka [254]

Answer:

B. Ordinal

Explanation:

Ordinal scales  of measurement is the second level of measurement that measures non numeric concepts like happiness, comfort, discomfort, etc

ordinal scale identifies rank of variables with orders like good, very good, excellent etc. An example of ordinal scale of measurement is the Likert scale with measures data with orders like strongly agreed, agreed, , disagreed, strongly disagreed .

In ordinal scale of measurement, it is the order that matters. Therefore a bank that allows  its customers to evaluates its drive - thru service  as good, average or poor is using the ordinal scale of measurement

7 0
3 years ago
Thats nice but did you know geico can save you 20% more on car insurance
kenny6666 [7]

Answer:

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4 0
3 years ago
Read 2 more answers
The following transactions were completed by the company.
aleksandrvk [35]

Answer:

a.

Assets : Increase by $6,000

Liabilities : No effect

Equity : Increase by $6,000

b.

Assets : Increase by $4,500

Liabilities : No effect

Equity: Increase by $4,500

c.

Assets : Decrease $1,650

Liabilities : No effect

Equity : Decrease $1,650

d.

Assets : Increase $2,250, Decrease $2,250

Liabilities ; No effect

Equity: No effect

e.

Assets : Decrease $800

Liabilities : No effect

Equity : Decrease $800

Explanation:

a.

Recognize Revenue and Assets of Cash

b.

Recognize Revenue and Assets in Trade Receivable

c.

Recognize an expense and de-recognize the Assets of Cash

d.

Recognize Assets in Cash and de-recognize Assets in Accounts Receivables.

e.

Recognize an Expense and de-recognise the Assets in Cash

6 0
4 years ago
Cobe Company has already manufactured 18,000 units of Product A at a cost of $15 per unit. The 18,000 units can be sold at this
ser-zykov [4K]

Answer:

Explanation:

Workings                      

Product A

Selling price                                         410,000

Income 1                                                410,000

Further processing

Incremental cost        290,000

Product B                    5900       102     601,800

Product C                    11,900       60     714,000

Total revenue                                        1,315,800

Incremental cost                                      290,000

Income 2                                                1,025,800

Income on further process , that is if an additional cost of 290,000 is spent on the initial cost that generated the sales of 410,000 = 1,025,800

Incremental income on further processing =1,025,800-410,000 = 615,800

Therefore , it is advised that it should be processed further.

                       

4 0
3 years ago
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