Answer:
c. It should process further because the reduction in the cost of the trees is irrelevant.
Explanation:
For the purpose of this Decision,
Benefit of processing further = Sales Value after processing – Sale Value before processing – Further Processing costs
Cost of acquiring trees is a sunk cost already incurred and hence is not relevant
Hence, benefit of processing = (0.80-0.20)*350 – 50
= $160
Hence, the answer is
c. It should process further because the reduction in the cost of the trees is irrelevant.
1. Money is a very valuable thing that helps you live. You can get money by getting a job, but there are lots of other ways to get money.
2. money helps with you being able to afford things. Money can get you a house, a tv, or even a phone.
Answer:
A) Accounts receivable turnover ratio = Net credit sales / Average accounts receivable
The following table shows the accounts receivable turnover ratio of MCB and ABI:
Particulars MCB ABI
Net sales $8320 $17400
Average Accounts Receivable $720 $900
Accounts Receivable Turnover rate 11.5 19.3
B)
Day's sale outstanding = Accounts receivable / Total credit sales × 365
The following table shows the days sale outstanding of MCB and ABI:
Particulars MCB ABI
Net sales $8,320 $17,400
Average Accounts Receivable $720 $900
Day's sale outstanding 31.58 18.88
Explanation:
Answer:
Edward can deduct his $7,000 loss from his adjusted gross income (AGI). Partnerships are investments that you make regardless of whether you work for them or not. One of the key characteristics of partnerships is that they are not taxed as separate entities, they pass-through their income or losses to the partners.
