Answer:
a. Considered sunk costs, not relevant in further decision making
Explanation:
the missing options are:
- a. Considered sunk costs, not relevant in further decision making
- b. Considered sunk costs, but still relevant in further decision making
- c. Considered a loss
- d. Considered a profit
After the investment in new technology has been made, it will be considered a sunk cost, because they are no longer relevant or important when considering or evaluating future investments and projects. Sunk costs are expenses that have already been made and incurred, and cannot be recouped.
<span>This illustrates the basic concept that a trade-off is sometimes needed. People can not always get exactly want they want and when this happens they must be willing to sacrifice something to get something back in return. Billy must choose between the guitar or new mp3 player. He will gain one of them but because the trade-off, he will lose the ability to get the other item.</span>
Answer:
The example of a long-term goal is, I will train for a marathon.
Explanation:
This is a long-term goals because you train and reach it in a long period of time. The others will be counted as a Short-term goal. I hope this helped! :D
Answer:
B. $31,250
Explanation:
The computation of the revenue that should be recognized by the entity on the sale of product X is shown below;
Here the transaction price should be distributed to the performance obligations.
The sum of the standalone selling price is
= $40,000 + $120,000 + $160,000
= $320,000
And, the standalone selling price is $40,000
Now the revenue that should be recognized is
= $40,000 ÷ $320,000 × $250,000
= $31,250
Answer:
Starting 2019, the federal gift tax exclusion is $15,000 per children or grandchildren. That amount was supposed to be increased with inflation during 2020, but I couldn't find any new amount.
total tax free gifts = ($15,000 x 3 children) + ($15,000 x 4 grandchildren) = $105,000
The $105,000 given today will decrease the $11.4 million lifetime exemption allowed for estate taxes.
