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alexgriva [62]
3 years ago
8

A company should immediately recognize: any gain when it constructs a piece of equipment at a cost savings. any gain when it mak

es a bargain purchase. any loss when it receives any asset lower than its book value. any loss when it ignorantly pays too much for an asset originally.
Business
1 answer:
mixer [17]3 years ago
4 0
A company should immediately recognize ANY LOSS WHEN IT IGNORANTLY PAYS TOO MUCH FOR AN ASSET ORIGINALLY. Acquisition of company's assets has to be planned carefully to ensure that only needed equipment are acquired at the right cost or minimum cost possible. When too much is paid for any asset it must immediately be recognized as a loss.  
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John F. kennedy believed that a leader should be ___
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Vision, decision-making style, and delegation.
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the authors cited statistical evidence that the price elasticity of demand for royal crown cola is -2.4, and the price elasticit
Mekhanik [1.2K]

Answer:

royal crown cola

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price  

 If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.  

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded

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8 0
3 years ago
Cobe Company has already manufactured 25,000 units of Product A at a cost of $15 per unit. The 25,000 units can be sold at this
Lelechka [254]

Answer:

Incremental income from further processing   $534,900  

The company should process further

Explanation:

<em>A company should process further a product if the additional revenue from the split-off point is greater than than the further processing cost.  </em>

<em>Also note that all cost incurred up to the split-off point are irrelevant to the decision to process further .  </em>

                                                                                                 $

Revenue after split-off point

(104×5400) + (53× 11,100)                                                   1,149,900

Revenue at the slit of  point                  

(25,000× $15)                                                                    <u>   (375,000 )</u>

Additional income from further processing                        774,900

Further processing cost                                                     <u> (240,000)</u>

Incremental income from further processing                    <u> 534,900</u>  

Incremental income from further processing                   $534,900  

The company should process further

6 0
3 years ago
Space exploration has many positive effects for Florida. Phoenix's parents both work as accountants for a company that works wit
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And you don’t have a chance of getting
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Al’s Fine Winery has had workers attempting to band together to form a union. Al’s wants to avoid letting the workers gain too m
Nataly [62]

Answer:

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It is considered illegal after the Norris-LaGuardia Act of 1932 was enacted

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