1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
JulsSmile [24]
3 years ago
6

Breezy Company is considering the replacement of equipment that has a current book value of $340,000. Breezy has an oppprtunity

to sell the equipment for $240,000. The cost of replacing the old equipment with a new machine is $300,000. The cost of operating the new equipment is $20,000 per year less than the cost of operating the old equipment. The new equipment has a 5-year useful life. The amount of the sunk cost for this replacement decision is
Business
1 answer:
Rzqust [24]3 years ago
7 0

Answer:

$340,000

Explanation:

A sunk cost is a cost that has already been incurred and cannot be affected by any decision that someone makes. E.g. once you pay an expense like rent, the cost will not be recovered or altered by any decision that you make. Sunk costs is simply money that has been spent and cannot be recovered.

You might be interested in
EA11.
Vedmedyk [2.9K]

Answer:

$1,700

Explanation:

Given that,

Purchase of raw materials inventory  = $1,000

Assignment of raw materials inventory to Job 5  = $500

Payroll for 20 hours with $1,000 assigned to Job 5

Factory utility bills = $750

Overhead applied at the rate = $10 per hour

Cost assigned to Job 5 at the end of the week:

= Raw materials inventory to Job 5 + Labor cost + Manufacturing Overhead applied

= $500 + $1,000 + ($10 per hour × 20 hours)

= $500 + $1,000 + $200

= $1,700

3 0
4 years ago
Assume that over the past 88 years, u. S. Treasury bills had an average return of 3. 5 percent as compared to 6. 1 percent on lo
zheka24 [161]

The average nominal risk premium on the long-term government bonds was 2.6 percent.

A risk premium is the expected investment return on an asset that is higher than the risk-free rate of return. The risk premium on an asset is a form of compensation for investors. It compensates investors for tolerating the additional risk in a given investment over that of a risk-free asset. Subtracting the return on risk-free investment from the return on investment yields the risk premium.

The nominal risk premium is:

Nominal Risk-Free Rate - Inflation Premium = Real Risk-Free Rate. Nominal rates are the rates we encounter on a daily basis, such as interest rates from banks and other financial institutions.

Nominal risk premium = 6.1 % -3.5 %

= 2.6%.

Learn more about risk premium here-

brainly.com/question/15570868

#SPJ4

8 0
2 years ago
Tangerine Company has the following sales budget for the last six months of 2019: July $120,000 August 100,000 September 110,000
AnnZ [28]

Answer:

The expected cash collections of sales in October $91,00

Explanation:

It is assumed that the remaining Percentage of 15% (100%-50%-25%-8%-2%) is received Third month following sale.

Cash Schedule is attached with the answer in an MS Excel file, Please find it.

Download xlsx
8 0
4 years ago
Which african american is famous for breaking into major league baseball?
balu736 [363]
Jackie Robinson- Jackie played American pro baseball, Jackie was the first African American to play baseball for the Mlb in the modern era. Jackie was the second baseman. Jackie was born 1-31-1919 in Cairo GA and died 10-24-72 in North Stamford, CT due to a heart attack Jackie played for the brooklyn dodgers and was number 42
7 0
3 years ago
At the beginning of march, janet opened a checking account with her first paycheck of $153.82. during the month, she withdrew $4
elena55 [62]

Answer:

The account balance is $70.40.

Explanation:

Please make the brainliest :)

6 0
3 years ago
Read 2 more answers
Other questions:
  • Recently, computer programmers in developing countries such as India have begun doing work formerly done in the United States. T
    12·1 answer
  • Jasper makes a $25,000, 90-day, 7% cash loan to clayborn co. jasper's entry to record the collection of the note and interest at
    10·1 answer
  • Smith Company manufactures washing machines in their own facility. They sell them to stores like Best Buy and Lowes for ultimate
    7·1 answer
  • Assume that the following balance sheet portrays the state of the banking system. the banks currently have no excess reserves.
    7·1 answer
  • The market and Stock J have the following probability distributions: Probability rM rJ 0.3 15% 20% 0.4 9 5 0.3 18 12 a. Calculat
    15·1 answer
  • Utica Company’s net accounts receivable was $250,000 at December 31, 2016, and $300,000 at December 31, 2017. Net cash sales for
    6·2 answers
  • The cost-recovery method of recognizing profit for accounting purposes is permitted if a. collections in the year of sale do not
    11·1 answer
  • Recently, the owner of Martha's Wares encountered severe legal problems and is trying to sell her business. The company built a
    14·1 answer
  • Microsoft develops, produces, and markets a wide range of computer software, including the Windows operating system. On its rece
    15·1 answer
  • n a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so (very price sensitive). W
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!