1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Masja [62]
3 years ago
9

A company owns a 5-year old turret lathe that has a book value of $20,000. The present market value of the lathe is $16,000. A n

ew turret lathe can be purchased for $45,000. Using a before tax analysis and an outsider’s point of view, what is the fi rst cost of keeping the old lathe?
Business
1 answer:
Bas_tet [7]3 years ago
8 0

Answer: $16,000

Explanation:

The Outsider's Point of View is also known as The OPPORTUNITY COST APPROACH.

This as you may know, refers to the cost associated with choosing an alternative over others.

In this scenario, the company owns the 5 year old turret lathe so the Opportunity Cost must be the cost of still owning it.

Since this is the case then the first cost of owning the Lathe is simply the Market Value of the Lathe at the moment.

This is $16,000.

$16,000 therefore is the First Cost of keeping the Old Lathe

You might be interested in
The UCC requires that HDCs take instruments in good faith. This means that: a.the holders must have performed a special oath bef
guapka [62]

Answer: d.the holders must have acted honestly and observed all reasonable commercial standards of fair dealing.

Explanation:

For an instrument to be negotiable, it should be noted that the UCC requires that such instrument have to be signed by the maker or the drawer.

The UCC requires that HDCs take instruments in good faith. This means that the holders must have acted honestly and observed all reasonable commercial standards of fair dealing.

6 0
4 years ago
Tom is responsible for ordering hardware for a custom home his company is building. The contractor installing the hardware is sc
Vilka [71]

Answer:

A

Explanation:

Free slack can be described as the total amount of time a project can be delayed without affecting the project's completion time . Tom and the contractor share a slack time of 10 days

Total slack measures the total amount of time a project can be delayed before the project's completion.

Functional slack measures the amount of time that each activity in a project can be delayed without affecting the project's completion time.

4 0
3 years ago
Write expanded notation of 752 863​
tresset_1 [31]
I don’t know if the numbers are supposed to be together or not but if it’s 752,863 than the expanded notation is:
700,000
+ 50,000
+ 2,000
+ 800
+ 50
+ 3
And if it is 752; 863 than the expanded notation is:
700
+ 50
+ 2
;
800
+ 60
+ 3
4 0
3 years ago
Which of the following is NOT a typical characteristic of a Minstrel
zhannawk [14.2K]

Answer:

B

Explanation:

6 0
4 years ago
Nominal gross domestic product is a poor measure of economic growth because
Softa [21]
The value will also change when there are changes in price, which do not only reflect the change in quantities
8 0
3 years ago
Other questions:
  • A company uses the percent of sales method to determine its bad debts expense. At the end of the current year, the company's una
    11·1 answer
  • Ben owns a lawn care business. from experience, ben has found that john deere equipment lasts almost twice as long as competitor
    12·1 answer
  • The badys and their maid, alice, took a trip to hawaii for their summer vacation. the travel agent told ike bady that the trip w
    11·1 answer
  • A client demands the return of all records and documents from an attorney even though the client has not paid the attorney's fee
    10·1 answer
  • Shamas famous restaurants expects to pay a common stock dividend of $1.50 per share next year (d1). dividends are expected to gr
    7·1 answer
  • At its simplest, acquisition management can be viewed as:
    13·1 answer
  • Which of the following is not an advantage of participative budgeting? a.It encourages budgetary slack. b.It tends to lead to a
    7·1 answer
  • s there any way for a monopoly to operate more efficiently than a competitive market? Why or how? Yes: the government can regula
    10·1 answer
  • When a movie theater charges a lower ticket price for senior citizens and/or students, the movie theater is engaging in_________
    14·1 answer
  • Johanna has been asked by the department manager to prepare a SWOT analysis on two of the company's products. In which step of t
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!