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
nekit [7.7K]
3 years ago
5

Deshawn has spent $600 purchasing and repairing an old fishing boat, which he expects to sell for $900 once the repairs are comp

lete. Deshawn discovers that, in addition to the $600 he has already spent, he needs to make an additional repair, which will cost another $400, in order to make the boat worth $900 to potential buyers. He can sell the boat as it is now for $400. What should he do
Business
1 answer:
sveticcg [70]3 years ago
3 0

The correct answer is He should complete the repairs and sell the boat for $900

Deshawn has spent $600 purchasing and repairing an old fishing boat, which he expects to sell for $900 once the repairs are complete. Deshawn discovers that, in addition to the $600 he has already spent, he needs to make an additional repair, which will cost another $400, in order to make the boat worth $900 to potential buyers. He should complete the repairs and sell the boat for $900.

You might be interested in
Jefferson Company has sales of $306,000 and cost of goods available for sale of $270,600. If the gross profit ratio is typically
Mice21 [21]

Answer:

$56,400

Explanation:

Jefferson company has a sales of $306,000

The cost of goods available for sale is $270,600

The first step is to calculate the gross profit

= 306,000 × 30/100

= 306,000 × 0.3

= 91,800

The cost of goods sold can be calculated as follows

= $306,000-91,800

= $214,200

Therefore the estimated cost of ending inventory under the gross profit method can be calculated as follows

= $270,600-214,200

= $56,400

6 0
3 years ago
Seeking to lower overall costs, a South Korean car manufacturer sources many of the parts for its cars from other Asian countrie
Dmitriy789 [7]

Answer:

A. globalization of production.

Explanation:

Based on the question, the option that best answers the question is A, practice demonstrates the globalization of production.

6 0
3 years ago
Read 2 more answers
98 points! Please answer 1 sentence or more for each question
Bad White [126]

Answer:

1.) idk

2.) an island

3.) tell the m i can't but maybe some other time

4.) 17 maybe 18

5.) don't use social media

Hope This Helps!     Have A Nice Day!!

3 0
3 years ago
Read 2 more answers
Which business document is a contract that defines the tasks, time frame, and deliverables that a vendor must perform for a clie
Aleonysh [2.5K]
The statement of work is <span>a contract that defines the tasks, time frame, and deliverables that a vendor must perform for a client.
There are several things that will be written in the statement of work in order to manage the deal, such as the name of the project, the timeline for the project, the project handler, the delivery method, etc.</span>
6 0
3 years ago
To estimate the cash flow from operations, depreciation must be added back to net income because depreciation is a non-cash char
Sindrei [870]

Answer:

a. True

Explanation:

When an asset is purchased with Cash, the entries are debit to fixed assets and credit to cash. Depreciation is not recognized until the asset has been put to use.

To determine net income, depreciation and amortization expenses are deducted as expenses from the revenue.

Hence in the determination of Cash flows from operating expenses, such non-cash items that were deducted will be added back.

3 0
3 years ago
Other questions:
  • You own a farm, you hire labor and capital to produce apples. The marginal product of the last unit of labor input is 15 and the
    7·2 answers
  • For the following statement, move the endpoints of the demand curve to create the demand relationship that is described. "I spen
    10·1 answer
  • The acme global corporation needed to hire 30 new advertising sales agents. the applicant pool consisted of 100 african-american
    10·1 answer
  • During 2011, Angel Corporation had 900,000 shares of common stock and 50,000 shares of 6 percent preferred stock outstanding. Th
    13·1 answer
  • In 2010, $1.00 U.S. bought 8.24 Chinese yuan and in 2012 it bought 6.64 Chinese yuan. How many U.S. dollars could 1 Chinese yuan
    8·1 answer
  • Variable versus absorption costing Colorado Business Tools, manufactures calculators. Costs incurred in making 9,500 calculators
    10·1 answer
  • The bond has a coupon rate of 5.57 percent, it makes semiannual payments, and there are 5 months to the next coupon payment. A c
    5·1 answer
  • Jessica saw an advertisement in the newspaper in which a company was selling its product in the local supermarket for $99, thus
    13·1 answer
  • Fixed costs Blank______. Multiple choice question. remain at the same level despite changes in production are not important to s
    6·1 answer
  • Margot and Steve owned several rental properties at the time of their divorce. The divorce decree gave ownership to Margot in re
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!