Answer:
The right choice is "3 Correctly ignored a sunk cost"
Explanation:
As the ticket to the opera was already bought and it is nonrefundable, nonexchangeable, and nontransferable; whether Van decides to go to the opera or to go to the party with Amy; he has incurred $100 cost of ticket which can not be recovered in any manner.
The ticket cost in this question is categorized as sunk cost - cost that incurred in the past and will be remained the same regardless of any future actions. Thus, this type of cost should be ignored when making decision for the future.
So, "3 Correctly ignored a sunk cost" is the correct choice.
To attract customers to their store and not their more expensive competitors?
The answer is Non-store Retailing.
Automatic vending, direct mail catalogs, tv home shopping, online retailing, telemarketing and direct selling are examples of Non-store Retailing .
What is Non-store Retailing?
- Non-store retailing could be a frame of retailing in which a firm offers its items without a physical retail store/space.
- The firm offers its items by means of online stages and conveys the item to customer’s doorstep.
- Although companies have been doing non-store retailing for the past three or four decades, it rose to noticeable quality during the 21st century.
- In any case, non-store retailing isn't an normal line of trade by any implies.
- Firms these days are exchanging to non-store retailing since of its “unlimited” benefits.
- With the changes in customer’s inclinations, the non-store retailing commerce has developed monstrously amid the 21st century.
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True Two industries that have the same four-firm concentration ratio can have significantly different Herfindahl indexes.
What is Herfindahl indexes?
The Herfindahl-Hirschman Index (HHI), a popular indicator of market concentration, is frequently used before to and after merger and acquisition (M&A) deals to assess market competitiveness.
The index gauges a company's size in relation to the size of the industry it operates in as well as its level of competition. The market share of each company that competes in a market is squared, and the resulting values are then added to determine the HHI. Its values can range from almost 0 to 10,000, with lower numbers denoting a less crowded market.
A widely used indicator of market concentration is the HHI. It is determined by squaring the market share of each company that is engaged in market competition and then adding the resulting figures.
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Answer:
$30.1
Explanation:
Adjusted basis refers to the net value of an asset after considering depreciation and capital investments. It is the net value of an asset.
Adjusted taxable income is the income after adjusting for depreciation and interest.
For a sole proprietorship, the income of the business is the same as owners' income.
For Renee, adjusted taxable income will be,
Total revenue= $85M
Net expenses equal to total revenue minus depreciation minus interest paid
=$78.1, - $10.1 - $12.7
=$54.9
Adjusted taxable income= Total revenue - net expenses
= $85 - $54.9
=$30.1
