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Whitepunk [10]
3 years ago
5

Cole is refinishing an antique china cabinet and has already spent $180 on the restoration. He expects to be able to sell the ca

binet for $360. Cole discovers that he needs to do an additional $200 worth of work to make the cabinet worth $360 to potential buyers. He could also sell the cabinet now, without completing the additional work, for $100. What should Cole do
Business
1 answer:
Lunna [17]3 years ago
5 0

Answer:

Cole should complete the additional work and sell the cabinet for $360.

Explanation:

If Cole sells the cabinet now for $100 and taken into account that he has already spent $180, this means that:

$100-$180= -$80

He would be losing $80.

On the other side, if he completes the additional work, he would sell the cabinet $360. However, his expenses would be:

$180+$200= $380

Now, you have to subtract the costs from the selling price:

$360-$380= -$20

This means that he would lose $20.

According to that, Cole should complete the additional work because he would be lose less money.

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7 0
3 years ago
Primary value chain activities that involve the effective layout of receiving dock operations (inbound logistics) and support va
Tasya [4]

Answer:

The correct answer is the option A: differentation.

Explanation:

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Secondly, it is understandable that in this case the generic strategy is differentation due to the fact that the company has<u><em> technoly development and inbound logistics which in both cases improve the work</em></u> of the company in its total making it stand out in comparison with the rest of the companies.

3 0
3 years ago
Dary Co. Produces a single product. Its normal selling price is $28 per unit. The variable costs are $18 per unit. Fixed costs a
aleksandr82 [10.1K]

Answer:

1. c. increase of $2,250

2. b. Yes

Explanation:

1. Calculation to determine what would be the impact on net income if the order is accepted

First step is to calculate the variable cost

Variable cost special order= ($18-$2)

Variable cost special order=$16

Now let calculate what would be the impact on net income if the order is accepted

Impact on net income=($17.50-$16)*1,500 units

Impact on net income=$1.50*1,500 units

Impact on net income= increase of $2,250

2. YES the special order should be accepted.

4 0
3 years ago
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Answer:

Interest expense = 30,000*5%*1/12

Interest expense = 30,000*0.00416666667

Interest expense = $125.0000001

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Interest expense          $125  

Notes payable             $441.14  

Cash                                               $566.14

7 0
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