Answer: The correct answer is "C) a cost that cannot be avoided because it has already been incurred.".
Explanation: Sunk costs are those costs that have already been incurred and cannot be recovered in the future.
Example: Suppose a company wants to launch a new product for which it has commissioned a market study whose cost is $ 5000.
Once the market study is obtained, the company is not convinced that the product will be successful. When analyzing the decision The first thing to recognize that the expenses incurred ($ 5000) are sunk costs, will not be recovered and therefore should not influence the decision about the product.
Answer: a) the type of exposure to Geomyces destructans; whether the bats became sick with WNS
Explanation: The independent variable refers to the variables employed by the experimenter to use as a tool to observe changes in the dependent variable. In an experimental study, the independent variables are usually the different controls adopted for the experiment. In the scenario above, the independent variable is the type of exposure to Geomyces destructans which each of the groups are exposed to. These variation in control in which the different groups are exposed to may result in different response within the group which is the change in WNS. These response due to exposure to different control is called the dependent variable.
Answer:
The quick ratio is 1.30
Explanation:
For Quick ratio Ending year data of Balance sheet will use.
Quick Ratio = Total Liquid Assets / Total Current liabilities
Total Liquid Assets = Cash + Accounts Receivable = 43700 + 91400 = 135100
Total Current Current Liabilities = Accounts Payable = 104300
Quick ratio = 135100 / 104300 = 1.30 answer round to two decimal places.
The ratio indicates that corporation has 1.30 quick assets to pay off their current liabilities. It shows good position of corporation. The ratio outcome shows corporation has strong short term solvency position hence corporation has strong liquidity position.
Answer:
Comparative advantage differs in that it takes into consideration the opportunity costs involved when choosing to manufacture multiple types of goods with limited resources.
Explanation:
The most tipycal example is the sustancial different between communist and capitalist economist in the 20th century
While the USSR and CHINA focus resources into specific areas like military, space program and other, the rest of the economy halved sustancially while the US and other OTAN members manage to acomplish the same amount of military or lower in some cases(USSR have more missiles and Atomic Boms than US), their economies thrived as their didn't renounce to the production of consumer good to make this.
Another example is the metal en road production While communist China used forced labor and thousand of people they manage to do more road than Europe but Europe used much less worker and thus, lower opportunity cost. and more of other goods could be produced.
Answer:
D. No loss recognized and a reduction in E&P of $200,000
Explanation:
Given that:
- Current and accumulated E&P : $500,000
- A distribution of land to its sole shareholder: $200,000
- E&P basis to Catamount : $250,000
From that, we can see that the current and accumulated E&P is greater than its distribution of land so no loss would be reported so there will be reduction in earning and profits of the company of $200,000.
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