Answer: $720000
Explanation:
Sunk cos simply refers to a coat which a company has already incurred and can't be recovered. They're not relevant to future decisions if the company has they already happened in the past.
In this case, the sink cost will be $720,000 which is the total cost of the obsolete microcomputers, Other coat such as $100,000, $160,000, and $50,000 are relevant cost.
Answer:
Despite the increase in price, quantity demanded rose due to some other factors changing.
Explanation:
Considering the rise in tuition, a consequential effect could have been a drop in the number of students being enrolled at the institution, since the change may not be affordable for all or the criteria for the increase may not be pleasing to majority of the intending students.
In this case however, the change had no negative effect on the number of students being enrolled and there was a consequential increase in the number of students being enrolled this year. This is indicative of a substantial change which must have occurred together with the increase in tuition such as an increase in standard due to provision of better teaching and learning facilities, student hostels which will make the students more comfortable and ensure they get their money's worth at the institution.
These factors, make being enrolled at the school valuable to the students despite the increase in fees.
Foreign Assistance Act was the organization created by the Kennedy administration to aid the economic and educational progress of developing countries.
<h3>
What was Foreign Assistance Act?</h3>
The Foreign Assistance Act can be regarded as an act that was structured to offer foreign assistance programs as well as distinguishing between military from non-military aid.
The foreign aid or assistance can come inform of any type of assistance that is been voluntarily transferred from one country to another country and this can be in form of a gift as well as grant, or loan.
In some cases foreign aid can be inform of capital, as well as food supplies, and services and it can also be categorized as humanitarian aid and military assistance.
Some of the common foreign aid or assistance are;
- Multilateral Aid.
- Military Aid.
- Project Aid.
- humanitarian aid
- Tied Aid.
- Bilateral aid
Hence, Foreign Assistance Act was the organization created by the Kennedy administration to aid the economic and educational progress of developing countries.
Learn more about Foreign Assistance Act at:
brainly.com/question/24553900
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Answer:
The value of current assets are 60,750.
Explanation:
This can be calculated using the current ratio formula as follows:
Current ratio = Current assets / Current liabilities .............. (1)
Where;
Current ratio = 2.7
Current assets = ?
Current liabilities = Total liabilities = 22500
Substituting the values into equation (1) and solve for Current assets, we have:
2.7 = Current assets / 22500
Current assets = 2.7 * 22500
Current assets = 60,750
Note:
It should be noted that in Accounting when no information is given about Non-current liabilities, it indicates that current liabilities are to Total liabilities .
