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3 years ago

If we are replacing an old vehicle with a newer model, the cost of the old vehicle is:_______.

Business

1 answer:

slava [35]3 years ago

8 0

Answer:

Option C

It is a sunk cost

Explanation:

The relevant cost of a decision is that that would future cash cash flow that arises as a direct consequence of a taking a decision.

In other words, before a sum is considered relevant to a decision , it must satisfy the following condition:

Future cost : a cots would only be incurred in the future if the decision is taken
It is must involve cash
It must arise as direct consequence of taking the decision

The cost of the old machine is a past or sunk cost. It does not satisfy the three conditions listed above. Hence, it is no relevant because it is a sunk or past cost

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miss Akunina [59]

Answer:

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3 years ago

There is only one accepted format for a formal business letter. True False

Dimas [21]

False, there are more than one accepted letter format.

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3 years ago

The Statement of Net Position of South State University, a government-owned university, as of the end of its fiscal year June 30

alexandr402 [8]

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3 years ago

Martin Inc. began construction on a building in 2020 and paying a construction company $600,000 in 2020. Martin also had avoidab

Mandarinka [93]

Answer:

$1,000,00

Explanation:

Amount paid to Construction company = $600,000

Additional expenditures in 2021 are Feb 28 = 90,000, Apr. 30 180,000, Jul. 1 = 36,000, Sept. 30 = 64,000. Avoidable interest Cost = 30,000

So, amount to be capitalized in Martin's Building account = $600,000 + $90,000 + $180,000 + $36,000 + $64,000 + $30,000 = $1,000,000

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2 years ago

Chicago Company has a subsidiary in Germany where it generates large profits. The subsidiary remits most of its earnings to the

matrenka [14]

Answer:instructing the German subsidiary to borrow euros from a bank in Germany

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The Chicago Company will instruct the German subsidiary to lend Euro from bank in Germany.

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4 years ago

Read 2 more answers