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givi [52]
3 years ago
8

If the old machine is replaced, it can be sold for $32800. Which of the following amounts is a sunk cost? $246000 $820000 $28700

0 $328000

Business
1 answer:
mafiozo [28]3 years ago
7 0

Answer:  $287,000

Explanation:

Sunk costs are costs that have already been incurred and so should make no impact on the decision to be made. In the case of fixed assets to be replaced, the Sunk cost would be the Book value of the Asset.

Sunk Cost of Old Machine = Book Value of old machine

Sunk Cost of Old Machine = Cost Price - Accumulated Depreciation

Sunk Cost of Old Machine = 410,000 - 123,000

Sunk Cost of Old Machine = $287,000

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Endor Company begins the year with $110,000 of goods in inventory. At year-end, the amount in inventory has increased to $118,00
Arada [10]

Answer:

11.40

32 days

Explanation:

Inventory turnover and days of sales of inventory are examples of activity ratios.

They are used to measure the efficiency of performing daily tasks

inventory turnover =  Cost of goods sold/ average inventory

Average inventory = ($118,000 + $110,000) / 2 = $114,000

Inventory turnover =  $1,300,000 / $114,000 = 11.40

days of sales of inventory = 365 / inventory turnover = 365 / 11.40 = 32 days

5 0
3 years ago
When the lender provides the borrower with an amount of funds that must be repaid to the lender at the maturity date, along with
xxMikexx [17]

Answer:

This is called a <em>simple interest rate.</em> When the loan amount must be repaid to the lender at the maturity date, along with an additional payment for the interest.

To calculate <em>simple interest rate</em>, the interest rate payment is divided by the loan amount.

Explanation:

This is called a <em>simple interest rate.</em> When the loan amount must be repaid to the lender at the maturity date, along with an additional payment for the interest.

To calculate <em>simple interest rate</em>, the interest rate payment is divided by the loan amount.

4 0
3 years ago
Soft drink sales are declining as more consumers are concerned about their health. This represents a change in the __________. A
Firlakuza [10]

Answer:

product concept

Explanation:

The definition of the product concept implies that customers prefer goods that have higher quality, price, and functionality than a standard product. In some niche markets such as computers and mobile phones, the definition is really true.

The product concept relates to a compulsory philosophy to provide the consumer with the best model possible according to need and requirement. A product is not sufficient on its own and needs the performance of many other market aspects such as advertising, shipping, sales, operation, etc.

6 0
3 years ago
Ace Leasing acquires equipment and leases it to customers under long-term sales-type leases. Ace earns interest under these arra
raketka [301]

Answer:

The lease payment will be for $ 113,751.173  during 5 years beginning at the moment the lease is signed

Explanation:

First, we discount the payment at the end of the lease

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $150,000

time        5 years

rate        0.06

\frac{150000}{(1 + 0.06)^{5} } = PV  

PV   112,088.7259

Now we subtract form the 620,000 to know the amount to be perceived form the lease payment:

620,000 - 112,089 = 507.911‬

Now we solve  the PMT which makes the annuity-due of 5 payment at the beginning of the period:

PV \div \frac{1-(1+r)^{-time} }{rate} (1+r)= C\\

PV $507,911.0000

time 5

rate 0.06

[tex ]507,911 \div \frac{1-(1+0.06)^{-5} }{0.06}(+0.06) = C\\[/tex]

C  $ 113,751.173

3 0
2 years ago
More than ________ percent of those holding patents win their infringement suits.
lara31 [8.8K]
<span>The correct answer is 60%.

Over 60% of patent holders are successful when bringing infringement suits. This high rate of success ensures that patent holders receive just compensation for their work and that others cannot wrongfully benefit from their ideas. A successful patent infringement suit can require the defendant to pay monetary damages to the patent holder in addition from stopping their wrongful use of the patent.</span>
6 0
3 years ago
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