Answer:
Increase the amount of the initial investment by $12,000 (C)
Explanation:
Option A- False. It is not a sunk cost but a relevant cost because it has a disposal value and there is market for the sale.
Option B-False. The NPV of the project will be reduced by $12,000 because it is a relevant cost and the disposal value will reduce the NPV of the project .
Option C- True. Because truck could have been sold for $12,000 if not use in the project, the disposable value will have to be added to the initial cost of the investment.
Answer:
Blake Company
Assets = Liabilities + Equity
- 395 -215
- 180
The expenses payable are decreased and so are liabilities. The cash is also decreased.
The petty cash payments report and all receipts are given to the company cashier in exchange for check to reimburse the fund. The petty cashier cashes the check and puts the cash in the petty cash book . the company records this reimbursement as follows.ase
Miscellaneous Expenses $ 215 Dr
Cash receipts $ 180 Dr
Cash $ 395 Cr
To reimburse petty cash.
Most likely would be a democratic system.
A) it is more accurate than accrual accounting.
I believe the answer is A. <span>decrease; increase
</span><span>lowering the costs of production means that the company could still obtain the same amount of profit while reducing the price on the market.
Due to the development of technology, the production process will become more efficient, which lead to an increase of total quantity of the products on the market.</span>