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
Anna35 [415]
3 years ago
9

Valley Forge and Metal purchased a truck five years ago for local deliveries. Which one of the following costs related to this t

ruck is the best example of a sunk cost? Assume the truck has a usable life of five years. a. New tires that will be purchased this winter.b. Costs of repairs needed so the truck can pass inspection next month.c. Money spent last month repairing a damaged front fender.d. Engine tune-up that is scheduled for this afternoon.e. Cost for a truck driver for the remainder of the truck's useful life.
Business
1 answer:
Gnesinka [82]3 years ago
4 0

Answer: Option (c) is correct.

Explanation:

Correct option(c): Money spent last month repairing a damaged front fender.

This is the best example of sunk cost.

Sunk costs refers to the cost that is incurred in the past and this cost cannot be recovered. This demonstrate that sunk costs should not be included in the decision making of any future projects, and this is due to the cost that cannot vary whether the project has been undertaken or not.

All the other options in the question representing the future costs.

You might be interested in
Multiple choice!
kodGreya [7K]

Answer:

Spillover cost.

Explanation:

Spillover cost refers to those costs or changes in the value of a certain good that are caused by issues external to the intrinsic characteristics of said good. Thus, for example, external influences such as limitations on oil extraction or the development of electric cars can generate a massive drop in the prices of conventional gasoline cars. Another clear example of this situation is the one described in the question, where a negative change in a certain neighborhood can lower the prices of the houses found there.

7 0
3 years ago
As a customer acquisition technique, events: a. Are considered mostly ineffective compared to mobile advertising or social media
KonstantinChe [14]

Answer: a. Are considered mostly ineffective compared to mobile advertising or social media promotions.

Explanation:

Customer acquisition techniques refers to the strategies that are helps in the identification of the potential leads which are then converted into active customers. Such techniques include personalized offer design, automated email marketing etc.

As a customer acquisition technique, events are considered mostly ineffective compared to mobile advertising or social media promotions.

8 0
3 years ago
true or false An agent may continue to represent the principal even after the agency relationship is terminated.
Annette [7]

Answer:

False

Explanation:

Agency refers to a kind of agreement wherein the first party, known as the Principal confers a right on the second party, called an agent, to act on his behalf or as per his directions.

It establishes a fiduciary responsibility i.e that of a legal trust between the parties.

Once the agency agreement is terminated, the relationship between a principal and an agent ceases. Thereafter, the agent cannot continue representing the principal and if he does, he shall be held personally liable for such acts which result into any damage or loss to a third party.

7 0
4 years ago
Consumers have the right to be protected against false and misleading information about goods and services.
Alexandra [31]
The right answer for the question that is being asked and shown above is that: "TRUE." Consumers have the right to be protected against false and misleading information about goods and services. This statement is true as far as the consumer's right is concerned.
3 0
3 years ago
When someone in a company steals money from sales before the money is reported, what type of crime is it
Luden [163]

I think the answer would be B


correct me if i am wrong

8 0
3 years ago
Read 2 more answers
Other questions:
  • Jim Angel holds a $200,000 portfolio consisting of the following stocks: Stock Investment Beta A $50,000 1.20 B $50,000 0.80 C $
    14·1 answer
  • Section 1239 recharacterizes gain on the sale of depreciable property to related person as ordinary income.
    6·1 answer
  • Adaris has always been drawn to the saying “absence makes the heart grow fonder,” and she decides to incorporate this saying int
    10·1 answer
  • The first year of operations for Grayton Company is 2017. Given this information for 2017:_______. Pretax book income $90,000Est
    6·1 answer
  • Walgreens Boots Alliance’s Sales, Cost of Goods Sold, and Gross Profit
    15·1 answer
  • Boaz Company had the following information: Estimated Overhead $ 300,000 Actual Overhead $ 350,000 Estimated labor hours 75,000
    10·1 answer
  • Elston Company issued $500,000 of eight percent, 20-year bonds at 106 on January 1, 2010. Interest is payable semiannually on Ju
    12·1 answer
  • Senath Company's annual report reveals net credit sales of $266,000 and average accounts receivable of $46,000. The report also
    15·1 answer
  • How do I calculate current ratio
    8·2 answers
  • According to the eight-stage model of planned organizational change, the last stage of navigating the change process is?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!