Answer:
The $20 ticket to the match.
Explanation:
The sunk cost would be the $20 ticket to the match.
Answer:
A. debit to Patent for 10,000FC multiplied by the current exchange rate.
Explanation:
Since the excess of cost over book value was 10,000FC and this excess was traceable to a 10-year patent.
The elimination entry to amortize the excess will include a debit to Patent for 10,000FC multiplied by the current exchange rate assuming the foreign entity's local currency is its functional currency.
Answer:false
Explanation:The opportunity cost test only determines a range of options, any of which would benefit both parties
Answer:
The correct answer is D
Explanation:
Specific identification method of inventory is the method which helps in finding the ending cost of the inventory. And this method need the detailed physical count, as it helps the company in making or knowing how many goods brought on particular dates which is remained at the end of the year inventory.
Under this method, the companies which could adopt this method, are antique shop, farm implement dealership and music store.
Answer: Opportunity
Explanation:
SWOT analysis measures the strength, weakness, opportunities and threats of an individual/organization in the areas they operate in. Manufacturers of electric cars would see increase in gasoline prices as an opportunity, as people would want to buy more electric cars.