Answer:
Know where the product belongs
Explanation:
It won't end up in the right spot if you don't know where it goes
Janice's choice is an example of fiscal responsibility. Fiscal responsibility is characterized as utilizing the assets of the patient to amplify medical advantages while at the same time using the assets of the organization to boost cost-adequacy. Being monetarily dependable means settling on capable asset portion choices.
Answer:
1. Pro-Maintain tight oversight of technologies and manufacturing methods, build American employment that improve domestic reputation, and theoretically gain tax cuts.
2. Pro-Less start-up charges wanting to work to current manufacturers, possibly avoiding import-related taxes / punishments, and potentially taking advantage of brand recognition as well as financial acumen.
1. Con-Possibly increasing labour charges, logistics and delivery costs, customs duties or punishments on entry into the western europe territory , market stimulation expenses.
2. Con-Less power over production cycle and efficiency, knowledge sharing, less efficient workers.
Answer:
false
Explanation:
The given statement depicts opportunity cost and not sunk cost. A gain, income, or interest of something which has to be given up in order to obtain or accomplish anything else. Because each resource can be put to different uses, each action, option, or decision has an added cost of opportunity.
On the other hand, Sunk cost refers to the cost already accumulated and also not recoverable. Sunk costs is often compared with potential costs, which could be reduced in the future if measures are taken.
Answer: a). Straight line method = $10,000. b). Double declining balance method = $20,000.
Explanation: Depreciation is the weat and tear of an asset over the useful life. There are several methods of depreciation. They include; straight line method, double-declining method, units of production method and so on.
Straight line method = (cost - salvage value)/ useful life
= (55000 - 5000)/5 = 50000/5
= $10,000
Double-declining balance method = straight line method × 2
= $10,000 × 2
= $20,000
