Answer:
A) Yes, because the firm could sell the warehouse if it didn’t use it for the new project.
Explanation:
- The option A is correct in our scenario, because the firm still have the option to sale the warehouse even they want to use it for the new project.
- The option B is not correct as the cost of warehouse is not sunk cost, such a cost that has been utilized and can't be recovered, but we can sale the warehouse and get the payment.
- The option C is incorrect as once the project is complete then it would be a part of that project so they will not sale the warehouse.
All of Jeff's activities are aimed at giving Jeff a sustainable competitive advantage through Strategic Positioning. Strategic positioning attempts to achieve a sustainable competitive advantage by preserving what is distinctive about a company. A company has a sustainable competitive advantage when it acquires some qualities or attributes which are different from other competitors in the market and which makes it outstanding in the market, and when these advantages last for many years, then they are known as sustainable competitive advantages.
If an individual is in financial difficulty due to which she cannot be able to pay their loans, in that case, she can ask the creditor for a lower payment plan.
<h3>What is meant by a loan?</h3>
A loan occurs when an individual who is in need of funds takes the money from the lender. The amount taken is required to be paid back along with interest.
The lower payment plan can be made by the creditors from whom she has taken the loan. She must explain her financial hardship regarding the non-payment of their current loans so that the creditor can reduce the payments accordingly. This means negotiating the loan payments in equal monthly installments as per her financial capability.
Therefore, she can ask for the minimum payment plan from the creditors in order to pay off her loans.
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Answer:
The difference is attributed to sales.
Explanation:
The difference of $10 will be attributed to sales because $20 is charged instead of $30 which means selling price has been changed. However, it cannot be considered as a loss because the cost price is not given. It might be the actual cost price for the item is $15 and the store is selling at $20 instead of $30. So, in this case, the store is making a profit of $5. Thus, the difference is considered as the sale difference.
Answer:
Results are below.
Explanation:
<u>Giving the following information:</u>
Selling and administrative expense $90,000
Depreciation expense 75,000
Sales 621,000
Interest expense 46,000
Cost of goods sold 231,000
Taxes 50,000
<u>With the information listed above, we need to make an income statement following the structure below:</u>
<u></u>
Sales= 621,000
COGS= (231,000)
Gross profit= 390,000
Selling and administrative expense= (90,000)
Depreciation expense= (75,000)
Interest expense= (46,000)
Eearning before taxes (EBT)= 179,000
Taxes= (50,000)
Net operating income= 129,000
