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svetlana [45]
3 years ago
7

Newcastle Coal Co. owns a warehouse that it is not currently using. It could sell the warehouse for $300,000 or use the warehous

e in a new project. Should Newcastle Coal Co. include the value of the warehouse as part of the initial investment in the new project?
(A) Yes, because the firm could sell the warehouse if it didn’t use it for the new project.
(B) No, because the cost of the warehouse is a sunk cost.
(C) No, because the company will still be able to sell the warehouse once the project is complete.
Business
1 answer:
Fed [463]3 years ago
5 0

Answer:

A) Yes, because the firm could sell the warehouse if it didn’t use it for the new project.

Explanation:

  • The option A is correct in our scenario, because the firm still have the option to sale the warehouse even they want to use it for the new project.
  • The option B is not correct as the cost of warehouse is not sunk cost, such a cost that has been utilized and  can't be recovered, but we can sale the warehouse and get the payment.
  • The option C is incorrect as once the project is complete then it would be a part of that project so they will not sale the warehouse.  
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Suppose that consumers would like to purchase 10 million dvds but only 5 million are available. in order for the market to coord
slavikrds [6]

Answer: in the given hypothetical statement above in order for the market to coordinate the demand and supply for dvds, the price of dvds will have to increase. When the price of dvds increase the supply will increase too, because the suppliers will now have a greater profit margin than before. On the other hand, the demand will decrease because of the higher prices and in this way the demand and supply curves will reach an equilibrium.

5 0
2 years ago
On January 1, 2021, Vaughn Manufacturing issued its 12% bonds in the face amount of $7990000, which mature on January 1, 2031. T
Anton [14]

Answer:

$920,266

Explanation:

The adjusted unamortized bond premium is the initial bond premium  recorded on the issuance of the bond minus the amortized bond premium for the year ended 31 December 2021.

The initial bond premium is $981,878

At year end of the first year the amortized premium is the difference between the interest expense recognized and coupon  interest  paid in cash .

Interest expense=$8971878*10%=$897,187.80  

coupon interest= $7990000*12%=$958,800.00  

Amortized bond premium= $958,800.00-$897,187.80=$ 61,612.20  

Adjusted unamortized bond premium=$981,878-$61,612.20=$920,265.80  

5 0
3 years ago
A company had the following partial list of account balances at year-end: Sales Returns and Allowances $ 1,000 Accounts Receivab
ArbitrLikvidat [17]

Answer:

$91,900

Explanation:

The computation of net sales revenue is shown below:-

Here, for reaching the net sales revenue we add the sales revenue and deduct the sales return and allowances with sales discounts

Net sales revenue = Sales Revenue - Sales Returns and Allowances - Sales Discounts

= $95,000 - $1,000 - $2,100

= $91,900

Therefore we have applied the above formula.

4 0
2 years ago
According to the textbook readings, gross margin results from _____________ 1) Subtracting expenses from profit 2) Subtracting e
sveticcg [70]

Answer:

The answer is 3. Subtracting cost of goods sold from net sales

Explanation:

Gross margin or Gross profit is the profit a business earn after deducting cost associated with making the goods from net sales(Net sales - Cost of goods sold or Cost of sales)

To calculate cost of goods sold - opening inventory/stock plus purchases minus closing inventory/stock.

The attached file also support this statement.

7 0
2 years ago
Read 2 more answers
Holton is the manager at a small restaurant what can he do to ensure the work place offers a safe environment for employees
adoni [48]

Answer:

A. Require all employees to wear slip resistant shoes.

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<u>Options for this question</u>

A. Require all employees to wear slip resistant shoes.

B. Allow employees to eat one meal from an employee menu during their shift.

C. Train employees to provide great customer service.

D. Have employees set all the tables at the beginning of their shift.

Explanation:

Restaurants operate while maintaining high levels of hygiene. Cleaning is a continuous process as long as the restaurant is open. Due to this fact, the floor is bound to be slippery most of the time. With such conditions, slip-resistant shoes should be part of an employee's personal protection equipment, PPE.

A manager concerned with employee safety will insist on slip-resistant shoes to prevent workplace accidents. The other options are not about employee safety in the workplace.

3 0
3 years ago
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