Answer: C. $0
Explanation:
When including initial costs in a project's cash-flow, the relevant costs are those that henceforth will be spent on the project. Sunk costs are not to be included because they have already been incurred and cannot be recovered.
Research and Development costs have already been incurred and so are sunk costs. Hence they are not to be included in the initial cash-flow for the project.
Answer:
c. An agency relationship
Explanation:
An agency relationship is a mutual relationship, in which one person (i.e the principle ) gives a permission to an agent so as to act on their behalf.
In this relationship the agent must consent to the instructions of the person i.e the principle.
Here in the question, Stefanie acting as Principal who has directed the agent (which is the bank in the given case ) to execute a task.
Answer:
A firm pursuing a strategy based on customization and variety will tend to structure and manage its supply chain to accommodate more _variation__ than a firm pursuing a strategy based on low cost and high volume
Explanation:
The variation of the product means any change which changes the "physical attributes of an item" or the terms in which it is marketed "as altering the colour of a sugar pack. This is achieved by companies to increase their own market share.
Answer:
Checking Account, Savings Account, Safety Deposit Box
Explanation:
Banks are financial institutions that provide a wide variety of financial services to their customers. They accept customer deposits and issue loans. Commercial banks act as intermediaries between the supply side and demand side of credit.
Commercial banks are also known as deposit-taking institutions. Deposits facilities offered by banks include
- Checking accounts,
- Savings accounts,
- Safety Deposit Box
- Money Markets accounts
- Certificated of Deposits accounts
Answer:
b. $3,000
Explanation:
According to the above information, the following data are given
Credit sales = $100,000
Uncollectible percentage = 3%
So, after the adjustment by using allowance method, Bad debt expense can be calculated as;
Bad debt expense = Credit sales × Uncollectible percentage
= $100,000 × 3%
= $3,000
