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
bearhunter [10]
3 years ago
13

The Tolar Corporation has 400 obsolete desk calculators that are carried in inventory at a total cost of $576,000. If these calc

ulators are upgraded at a total cost of $170,000, they can be sold for a total of $230,000. As an alternative, the calculators can be sold in their present condition for $40,000. What is the financial advantage (disadvantage) to the company from upgrading the calculators?
Business
1 answer:
katrin2010 [14]3 years ago
6 0

Answer:

$20,000

Explanation:

Given :

Total cost of inventory=  $576,000

Upgraded cost of calculator  =$170,000

Sold cost  of calculator =$230,000

Present sales cost = $40,000.

The incremental revenue of the calculator of sales can be determined by

=  Sold\  cost\  of\  calculator\  -\ Upgraded\  cost\  of\  calculator\

=$230,000 -  $170,000

=$60,000

Therefore financial advantage  to the company from upgrading to the calculators can be determined

$\ 60,000-  $40,000\\

=$20,000

You might be interested in
If improvements occur with any of the four factors of production what occurs with the real output?
hammer [34]

Answer:

c. it shifts to the right

Explanation:

Output refers to the total production in the economy. It is equivalent to the total quantity of goods and services supplied in the economy per period. The total output is equivalent to the aggregate supply. Therefore, the output curve will behave as the aggregate supply curve.

Favorable economic conditions increase the total output by firms. Improvement in factors of production will have the same effect as improvement in technology or reduction in taxes. A fall in the price of outputs will encourage more firms to produce more, making the curve to shift to the right.

7 0
3 years ago
Payday loans could be considered
Molodets [167]
C. subprime lending

Its not something you want to do all of the time
7 0
3 years ago
Oak Interiors is owned and operated by Fred Biggs, an interior decorator. In the ledger of Oak Interiors, the first digit of the
Kipish [7]

Answer:

Oak Interiors

Matching each account number with its most likely account in the list:

12 - Cash

13 - Accounts Receivable

17 - Land

21 - Accounts Payable

31 - Fred Biggs, Capital

32 - Fred Biggs, Drawing

41 - Fees Earned

51 - Supplies Expense

52 - Wages Expense

53 - Miscellaneous Expense

Explanation:

a) Data and Classifications:

Digits and Accounts:

1—assets

12 - Cash

13 - Accounts Receivable

17 - Land

2—liabilities

21 - Accounts Payable

3—owner’s equity

31 - Fred Biggs, Capital

32 - Fred Biggs, Drawing

4—revenues

41 - Fees Earned

5—expenses

51 - Supplies Expense

52 - Wages Expense

53 - Miscellaneous Expense

b) The chart of accounts of Oak Interiors is where the financial accounting is organized into five major categories.  These categories are called accounts.  They include assets, liabilities, equity, revenue, and expenses.  This implies that all business transactions that are recorded in accounts are summarized under any of these five major headings.

4 0
3 years ago
Rashan's family is always telling him he's worthless and will never be successful at anything he does. Eventually, he reaches a
Ivenika [448]

Answer:

Self-esteem

Explanation:

Self-esteem is a person's evaluation of their worth. This evaluation is subjective as it may not be based on reality. Self-esteem is influenced by one's environment including peer groups, family, and coworkers.

Self-esteem induces the following feelings: shame, despair, pride, and triumph. It determines if a person likes themselves or not. People with high self-esteem are happy and comfortable with themselves, while those with low self-esteem are often depressed.

Rashan's self-esteem has gone low as he now believes what his family is telling him. That he is worthless.

7 0
3 years ago
NEED HELP ASAP THANK YOU
solniwko [45]

Answer:

a

Explanation:

5 0
3 years ago
Other questions:
  • Lisa Smith has her age listed on her driver's license as being three years younger than it actually is. This is also how old she
    11·1 answer
  • Barnes compare two stocks have which of the following characteristics
    7·1 answer
  • In order to determine net cash provided by operating activities, a company must convert net income from an accrual basis to a ca
    10·1 answer
  • An __________ industry has low entry barriers, suppliers and buyers with strong bargaining positions, strong competitive threats
    7·1 answer
  • Balance sheet accounts Group of answer choices 1. are called real accounts 2. have zero balances after the closing entries have
    12·1 answer
  • You are the CEO of a 500-person plating company. Today, Lucy, one of your employees, came into your office with an angry look on
    10·1 answer
  • In November 2006, Citigroup's stock (NYSE: C) was trading at $49.59. Following the credit crisis of 2007-2008 and by the end of
    10·1 answer
  • Ronnie operates a lawn care service. on each day, the cost ofmowing the first lawn is $10: the cost of mowing the second lawn is
    8·1 answer
  • arett Motors is trying to decide whether it should keep its existing car washing machine or purchase a new one that has technolo
    10·1 answer
  • Creating a positive work environment that is recognized inside and outside the firm is an important copoentn of?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!