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nordsb [41]
3 years ago
6

Select the correct statement regarding relevant costs and revenues.

Business
1 answer:
givi [52]3 years ago
4 0

Answer:

d) Avoidable costs are also known as sunk costs.

Explanation:

The avoidable cost are those cost that can be ignored while making decision. The sunk costs are all those cost which already been incurred and it will not be effected by the change in decision. The sunk costs are already been expensed so, whatever decision you make it will not be changed.

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2 years ago
A car rental agency rents 200 cars per day at a rate of 29 dollars per day. For each 1 dollar increase in the daily rate, 5 fewe
Irina-Kira [14]

Answer and Explanation:

Given:

Total car = 200

Rate = $29

Computation:

Total increase in rate = a

So , Total decrees in car = 5a

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y = 5,800 + 200a - 145a - 5a²

y = 5,800 + 55a - 5a²

y' = dy / da [5,800 + 55a - 5a²]

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in which , y' = 0

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So , Maximum rate = $ [29+5.5]

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maximum income = 5,800 + 302.5 - 151.25

maximum income = $5951.25

3 0
3 years ago
Check Laura won $5,000,000 in the state lottery, which she has elected to receive at the end of each month over the next 30 year
Svetllana [295]

Option 'C' is correct  

<u>Explanation:</u>

Present value of an ordinary annuity of $1

The present value of an annuity is the current value of future payments from an annuity, given a specified rate of return or discount rate.

\text { Annuity amount }=\$ 5,000,000 / \mathrm{PVAF}(7 \% / 12,360 \text { periods })

The future estimation of cash is determined by utilizing a rebate rate. The markdown rate alludes to a financing cost or an accepted pace of profit for different speculations. The littlest markdown rate utilized in these figurings is the hazard free pace of return. U.S. Treasury bonds are commonly viewed as the nearest thing to a hazard-free venture, so their arrival is regularly utilized for this reason.

6 0
3 years ago
Movement in supply is caused by changes in ...................
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2 years ago
Oxley throws a rock intending to hit pieter but misses and hits ricardo who sustains an injury. ricardo can most likely recover
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3 0
3 years ago
Read 2 more answers
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