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
Masja [62]
3 years ago
8

Mason is restoring a car and has already spent $3500 on the restoration. He could sell the car now for $2800. However, if Mason

does an additional $2000 of work, the car would be worth $5000 to potential buyers. What should Mason do?
Business
1 answer:
frez [133]3 years ago
7 0

Answer:

mason complete the additional work $5000 after that he sell and get profit $200

Explanation:

given data

spent on restoration = $3500

sell car = $2800

additional work = $2000

car price = $5000

to find out

What should Mason do

solution

we say here after spending $3500 selling cost is $2800 so

loss will be 3500 - 2800 = $700

so if additional work is $2000

total present value will be = ( $2800 + $2000 )

total present value = $4800

so now if he sell car at $5000

he get profit = ( $5000 - $4800 )

profit = $200

so mason complete the additional work $5000 after that he sell and get profit $200

You might be interested in
Qriosity inc. comes out with a new antivirus program and prices it at half price to attract buyers. the company is using _______
Talja [164]
<span>The company is using market-penetration pricing.</span>
6 0
3 years ago
Name 5 banking task that can be done online
Schach [20]
- Check Account Balances
-View all of your bank accounts IRA's and securities
- Send Money 
-Receive Money
- Add a new card to your account<span />
8 0
3 years ago
Read 2 more answers
On August 1, 20Y1, Newhouse Co. received $39,110 for the rent of land for 12 months. Journalize the adjusting entry required for
Marta_Voda [28]

The adjusting entry required for unearned rent on December 31, 20Y1 is: Debit Unearned rental revenue $16,296;Credit Rental revenue $16,296.

<h3 /><h3>Unearned rent</h3>

Based on the information given the appropriate adjusting entry required for unearned rent on December 31, 20Y1 is:

31 December

Debit Unearned rental revenue $16,296

Credit Rental revenue $16,296

($39,110×5/12)

(To record unearned rent)

Inconclusion the adjusting entry required for unearned rent on December 31, 20Y1 is: Debit Unearned rental revenue $16,296;Credit Rental revenue $16,296.

Learn more about unearned rent here:brainly.com/question/4260123

3 0
2 years ago
Why don't many developing countries benefit from the spread of free trade?
Annette [7]
My best guess is A because they maintain high tariffs on the agriculture custom many developing countries export.
3 0
2 years ago
Read 2 more answers
What can the publishing industry learn from the music industry?
damaskus [11]

Answer:

Simply and shortly, the only thing that the Publishing Industry can learn from the Music Industry is that you either Adapt or you Perish.

Explanation:

The music labels and record labels were reluctant to turn towards online platform based music stores and eventually when apple and the android released their iTunes and play store platforms just for the music, the whole industry business model changed and went online and the traditional music stores went to decline.

the online business model was not embraced by the traditional music stores and they paid the price for it.

Today, we see an increasing growth of E books and online publishing of books, journals, news papers, tabloids and magazines. The publishing industry will have adapt for this.

8 0
3 years ago
Other questions:
  • Which of the following is the principle of management dedicated to the structuring of resources to support the accomplishment of
    8·1 answer
  • Milly Garcia, the marketing manager for ABCDE Firm, believes for her company to succeed in international markets, it must addres
    10·1 answer
  • 1. Purposeful behavior suggests that: A. everyone will make identical choices. B. resource availability exceeds economic wants.
    7·1 answer
  • What is included in a speaking outline that is not included in a working outline?
    8·1 answer
  • A customer pays a purchase price of $1,375 for a bond. This purchase price could also be referred to as​
    8·1 answer
  • ____, or providing information supporting their policy positions to legislators, is a visible role played by interest groups. in
    13·1 answer
  • The financial statements of Vaughn Manufacturing Company report net sales of $643100 and accounts receivable of $92000 and $2600
    14·1 answer
  • The fundamental attribution error:______ a. advantages non-dominant group members while disadvantaging dominant group members. b
    7·1 answer
  • Give an example of both impression management and face-work from your daily life. For example, if you go on a first date or a jo
    15·1 answer
  • Why was 2007 considered the "Year of the Recall"?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!