Answer:
costs that have been incurred and cannot be reversed.
Explanation:
Sunk cost can be defined as a cost or an amount of money that has been spent on something in the past and as such cannot be recovered. Thus, because a sunk cost has been incurred by an individual or organization it can't be recovered and as such it is irrelevant in the decision-making process such as investments, projects etc.
Basically, sunk costs are referred to as fixed costs.
Sunk costs are the opposite of relevant costs because they can't be changed or recovered, as they've been spent or contracted in the past already. Hence, relevant cost are relevant for decision-making purposes but not sunk costs.
Hence, sunk costs are costs that have been incurred and cannot be reversed.
For example, ABC investors decide to acquire land and develop residential houses at a location X. This decision is informed on the fact that the government had recently enacted a policy that led to an increase in demand for residential properties in that location. 6 months into construction of the residential houses, the government reviews and rescinds the policy. This leads to a sharp decline in property values in location X. ABC investors had already incurred 10 million dollars in the project. The 10 million dollars is considered sunk cost.
An observation of Vermont and North Carolina bowhunters revealed the following: 74% of the accidents befell while mountain climbing up or down or when putting in or putting off a stand.
Tree stands fall into 3 primary sorts: hang-on fashion, climbers, and ladder-style. Everyone has their very own protection requirements. exercise putting in and adjusting all tree stands on a tree at ground degree with a capable-bodied person status by means of for assistance.
Dangle-on stands are the most dangerous, it said, involved in 33 percent of archery season injuries and 44 percent of firearms season accidents. Ladder stands, hiking stands, and “other” kinds had been, so as, the next most dangerous for archers, while for gun hunters it became hiking stands, ladder stands, and “different.”
In that same yr, Hermann Albrecht of Philadelphia, Pennsylvania received U.S. Patent 183, hundred and U.S. Patent 183,194as two of the first Christmas tree stand patents issued inside the u.s.
Learn more about treestand here: brainly.com/question/25292087
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Hope this answers your question :D
BTW this is my first answer
your social security number is a 9 diget number issued to u.s citizens, permanent residents ,or temporary working residents under section 205 of the social security act
Answer:
The answer is: B) $175
Explanation:
Caroline made an income of $500 from this transaction and it should be taxed at ordinary income rate (35%).
Caroline´s taxes = $500 x 35% = $175
In order for Caroline to be taxed at 15% (capital gains rate) she should have sold a capital asset that she had owned for more than one year, but in this case she didn´t sell any stock.
