All categories

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

You might be interested in

net income is 180 depreciation is 50 change in asset and liability accounts is 20 what i the cash provided

kiruha [24]

Answer:

Cash provided by operations is $250

Explanation:

If a company has net income of 180, depreciation of 50, change in asset and liability accounts of $20, then cash provided by the operation is?

Cash flows from operating activities

Net Income $180

Adjustments to reconcile net loss

to net cash flow from operating activities

Add: Depreciation $50

Add: Change in net current assets $20 $70

Cash provided by operations $250

7 0

3 years ago

QUIZLET: In 1978 China Group of answer choices encouraged investment by private companies from other countries launched the Grea

sdas [7]

In 1978, China announced a new policy to open the door to foreign businesses and investments that wanted to set up in China.

<h3>What did china do in 1978?</h3>

In 1978, Deng announced a new policy that opened the door to foreign businesses that wanted to set up in China.

For the first time, the country was open to foreign investment and encouraged investment by private companies from other countries.

Therefore, A is the correct option.

Learn more about China here:

brainly.com/question/9695945

#SPJ1

7 0

2 years ago

Sam has saved $30 per week to buy a new Blu-Ray player. He compares two different models: a Panaview that is priced at $130 and

mr Goodwill [35]

Answer:

Sam can easily determine that the Panaview model has a lower price than the Zony model. ⇒ UNIT OF ACCOUNT

Sam saved $30 per week. ⇒ STORE OF VALUE

Sam pays $140 for the Blu-Ray player. ⇒ MEDIUM OF EXCHANGE

Explanation:

The four main functions of money are:

it serves as a unit of account: it provides a common measure of the value of goods and services being exchanged.
it serves as a store of value: money holds its value over time, so it serves as a store of value.
it serves as a medium of exchange: you can use money to purchase goods and services
it serves as a standard of deferred payment: money serves as a way of valuing a debt, so you can acquire goods now and pay for them later.

4 0

3 years ago

If the Federal Reserve is late to recognize a recession and implements an expansionary policy too late, the result could be an

kherson [118]

Answer:

A. Procyclical policy.

Explanation:

Procyclical policy is basically is a government approach to increase goverment spending and reduces taxes while government is going through economic expansion.

4 0

3 years ago

Zone of acceptance refers to consumers': Select one:

sesenic [268]

Answer:

Letter a is correct. Acceptable range of prices for any purchase situation.

Explanation:

The purchase decision process is a systematic model that represents the rational or irrational steps a consumer goes through before making a purchase. These steps are related to solving needs, searching for information, evaluating similar alternatives, and post-purchase behavior.

The zone of acceptance is a step regarding the price range that the consumer is willing to pay for a particular product or service, and is influenced by each step of the consumer's buying decision.

6 0

3 years ago