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3 years ago

13

The decision to accept an additional volume of business should be based on a comparison of the revenue from the additional busin

ess with the sunk costs of producing that revenue.
a) true
b) false

1 answer:

musickatia [10]3 years ago

7 0

Answer:

false

Explanation:

Sunk cost is cost that has already been incurred and cannot be recovered. it should not be considered when making future decisions

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What is the uses of trading, profit and lost account

Len [333]

The profit and loss account is used to determine the net profit of the business. The starting point for the profit and loss account is the balance carries down from the trading account which is the gross profit of business. Hope this helped you out...

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3 years ago

Helga runs a website on which she sells houseplants. She also earns through pay-per-click advertising that allows search engines

Artyom0805 [142]

Answer: a. Gardening gloves

b. Terracotta planters

c. Garden scissors

d. Watering cans

Explanation:

From the question, we are informed that Helga runs a website on which she sells houseplants and that she also earns through pay-per-click advertising that allows search engines to show targeted ads on her site.

All the products will be advertised on her website. The gardening gloves, terracotta planters, garden scissors and the watering cans are all materials that are required for plant growth to provide water and keep weeds away.

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3 years ago

Develop an Excel worksheet simulation for the following problem. The management of Paragon Household Products is considering the

Alexxandr [17]

<h2><u>Disclamer:</u></h2>

As it ask to run simulations the values calculates will difer even if you follow the same step as I did.

Answer:

Mean Profit: $ 4,295

Probability of loss: 29.80%

As the product has a mean profit it will on average generate gains

but:

as the standard deviation of the simulation was $ 7,778.40

<u>we should not invest on the product as it is to variable</u>

<u>Explanation</u>:

We are going to use the =RAND() function of excel

which, generates a random number between 0 and 1

This will be done 1,000 times 500 for the variable cost

and 500 for the demand.

Then we copy and paste this numbers to get them fixed.

Then, we convert them into actual cost and demand in units considering their distribution

using excel dist.norm.inv

Now, with this values we solve for profit on each one.

<u></u>

FOr the complexity I attached the excel file as the plataform interface cannot handle large tables.

6 0

2 years ago

If the exchange rate for canadian and u.s. dollars is 0.82777 to 1, this implies that 3 canadian dollars will buy ____ worth of

Delvig [45]

0.82777 Canadian dollars = 1 US dollars
1 Canadian dollar = (0.82777 /1.000) US dollars
3 Canadian dollars = ((0.82777 /1.000) x 3) = $2.48331

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3 years ago

Presented below is information related to Windsor Company.

zysi [14]

Answer:

Date Account Titles Debit Credit

Oct 1 Cash $16,800

Common Stock $16,800

Oct 2 No journal entry - -

Oct 3 Office Furniture $2,500

Accounts Payable $2,500

Oct 6. Accounts Receivable $3, 400

Service Revenue $3,400

Oct 27 Accounts Payable $1,100

Cash $1,100

Oct 30 Salaries Expense $2,650

Cash $2,650

7 0

3 years ago