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3 years ago

What costs are considered “relevant” and which are considered “irrelevant “to a business

Business

1 answer:

Klio2033 [76]3 years ago

4 0

Answer:

Relevant costs are costs that will be affected by a managerial decision. Irrelevant costs are those that will not change in the future when you make one decision versus another.

Explanation:Examples of irrelevant costs are sunk costs, committed costs, or overheads as these cannot be avoided.

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How much money should you save in case you have an emergency? eight months of living expenses six months of living expensestwelv

mezya [45]

Most experts believe you should have enough money in your emergency fund to cover at least 3 to 6 months' worth of living expenses.

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2 years ago

Read 2 more answers

An exchange economy has two consumers, named Jimmy and Sue, and two commodities, apples and bananas. Jimmy’s initial endowment i

Aleks04 [339]

Answer:

(a) BJ = AJ

In equilibrium, apples and bananas have the same price.

Jimmy’s consumption bundle must be 3 apples and 3 bananas

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Explanation:

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3 years ago

Corporate triple A bond interest rates for 12 consecutive months are as follows:

pashok25 [27]

Answer and Explanation:

The answer is attached below

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3 years ago

13.. Francisco leased equipment from Julio on December 31, 2021. The lease is a 10-year lease with annual payments of $150,000 d

tatuchka [14]

Answer:

$800,239.40

Explanation:

Calculation for the balance in Francisco lease liability at December 31, 2022

First step is to find the Liability for the year end 31st December 2021

Using this formula

Liability as on 31st December 2021=Initial Value of the Liability - Annual Payment

Let plug in the formula

31st December 2021 Liability =$1,013,854-$150,000

Liability as of 31st December 2021=$863,854

Second step is to find Interest for the Year 2022

Interest =$863,854×10%

Interest =$86,385.40

Third step is to less the interest amount from the Annual payment

Annual Payment $150,000- Interest $86,385.40

=$63,614.60

Last step is to find the balance in the lease liability at December 31, 2022

Lease liability balance = $863,854 -$63,614.60

Lease liability balance=$800,239.40

Therefore What should be the balance in Francisco lease liability at December 31, 2022 will be $800,239.40

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2 years ago

What term dd thorstein veblen use to describe the fundmental change in people's orientation to the economy?

Sedbober [7]

Conspicous Consumption was the term used by thorstein veblen to describe fundamental change in people's orientation to the economy.

Who was Thorstein Veblen?

Thorstein Veblen was a famous sociologist and economist who wrote the book The Theory of the Leisure Class. He wrote about the relationship between the economy, culture, and society.

Conspicuous consumption is the act of acquiring things or services specifically with the intention of flaunting one's affluence. When publicly displayed products and services are too expensive for other people in a person's class, conspicuous consumption is a way to demonstrate one's social position. Although it is frequently associated with the wealthy, this type of consumerism can occur in any income class.

The complete question is :

What term did Thorstein Veblen use to describe the fundamental change in people's orientation to the economy from producing goods to using them?

To learn more about Conspicous Consumption visit the link:

brainly.com/question/14546547?referrer=searchResults

#SPJ4

6 0

1 year ago