A cost incurred in the past that is not relevant to any current decision is classified as a(n): Sunk costs
This is further explained below.
<h3>What are
Sunk costs?</h3>
Generally, A cost that has already been incurred but cannot be recouped is referred to as a "sunk cost" in economics and the process of making business decisions. In contrast to sunk costs, prospective costs are future expenses that might be avoided if action is done, while sunk costs have already been incurred.
In conclusion, A cost that was incurred in the past but is not relevant to any choice that is being made at this time is considered to be a(n): Incurred expenses
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Answer: Heyaa! :)
→ income not spent, or deferred consumption. Methods of saving include putting money aside in
- <em>Checking Account</em>
Offers easy access to your money for your daily needs ←
<em>The main difference between checking and savings accounts is that </em>checking accounts actually used on the daily <em>while</em> savings accounts are primarily for saving money.
Hopefully this helps <em>you !</em>
- Matthew ~~
Answer:
The correct option is B
Explanation:
The return on assets would be:
Return on assets (ROA)= Assets × Return
= $45,000,000 × 12%
= $5,400,000
Return per customer = ROA / Number of golfers
= $5,400,000 / 400,000
= $13.50
Fixed Cost per Customer = Fixed Cost / Number of golfers
= $20,000,000 / 400,000
= $50
Cost to be charged per customer = Profit + Fixed Cost + Variable Cost
= $13.50 + $50 + $15
= $78.50
