Based on the amount that Savion would have to spend additionally, he should sell the car now because he would make more profit.
<h3>Why should Savion sell the car now?</h3><h3 />
If Savio makes additional work on the car, the profit would be:
= 5,800 - 2,400
= $3,400
This is as opposed to the $3,800 he could make from selling the car at $3,800 so the best thing to do is to sell the car.
Find out more questions on incremental costs at brainly.com/question/15279458.
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Answer:
The equity for this firm is $32,540
Explanation:
<u>Using the accounting equation we can solve for the equity:</u>
assets = Liabilities + Equity
Equity = Assets - Liabilities
Now, we need to determiante the totals for assets and liabilities and sovle for equity:
Cash 31,800
Supplies 740
Equipment <u> 11,300 </u>
Total Assets 43,840
Liabilities 11,300
Equity = 43,840 - 11,300 = <em>32,540</em>
Answer:
$222,664
Explanation:
The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.
The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.
The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.
An increase in assets other than cash is an outflow while an increase in liabilities is an inflow. Depreciation and other non-cash expenses deducted in the income statements are added back while the non-cash income such gain on asset are deducted from net income.
The net cash flow from operating activities
= $245,130 + $20,107 - $14,733 - $29,685 + $3,608 - $5,431 + $3,668
= $222,664
An economic cost of instability would be increase in unemployment - a.
Having a very volatile (instable) market can create problems which make it more unsure how people would be able to keep a job for a longer time-frame. When a market is volatile, this essentially means that a lot of changes can happen very fast - making it unstable for people and their jobs.
Given that <span>Tracy
enters a car dealership interested in buying a new car. Immediately she
is greeted by a salesman offering her water or soda and a cookie.
The
salesman is likely relying on the reciprocity social norm to help persuade tracy to
buy a car.
</span>R<span>eciprocity is a social norm of responding to a positive action with another positive action, rewarding kind actions.</span>
