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yarga [219]
3 years ago
12

The Tingey Company has 500 obsolete microcomputers that are carried in inventory at a total cost of $720,000. If these microcomp

uters are upgraded at a total cost of $100,000, they can be sold for a total of $160,000. As an alternative, the microcomputers can be sold in their present condition for $50,000. The sunk cost in this situation is: g
Business
1 answer:
GrogVix [38]3 years ago
6 0

Answer: $720000

Explanation:

Sunk cos simply refers to a coat which a company has already incurred and can't be recovered. They're not relevant to future decisions if the company has they already happened in the past.

In this case, the sink cost will be $720,000 which is the total cost of the obsolete microcomputers, Other coat such as $100,000, $160,000, and $50,000 are relevant cost.

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Latoya is responsible for her company’s human resource information system. She wants to expand the system’s usefulness and is pr
Kipish [7]

Answer:

Latoya is responsible for her company’s human resource information system. She wants to expand the system’s usefulness and is preparing a recommendation to add data-mining applications. What does data mining involve?

a) analyzing large amounts of data, such as employee pay and performance

Explanation:

An information system is a combination of components that work collectively in the storage, transfer and processing of data. Information systems have various features including data mining which is a major component. Data mining can be defined as the process which data input is converted into useful information or output. In a company situation, there is usually large blocks of data. Going through these data blocks manually can be very tedious and time-consuming , thus costly. In most organizations however, they utilize data mining to break data down into simpler information that can be understood in a short time.

Data mining works by going through large data blocks and extracting relevant trends and patterns in them. Data mining has a number of uses, namely; detection of fraud, risk management of credit, and filtering opinion of users. The steps involved include: collection of data, then the data is loaded and stored in organizational servers, then analysts organize the data, then the data is processed using a software and finally the end result is presented in an easy to understand format.

In our case, Latoya is the company's human resource information system manager, thus her data-mining will probably involve analyzing large amounts of data, such as employee pay and performance.

8 0
3 years ago
Why might a town decide to issue bonds??
Ket [755]

<span>I hope this answers your question. The bond that a town might issue is called a municipal bond. Municipal bonds are issued to finance a local government’s public projects like road repairs, school building, airports, seaports or any other infrastructure-related repairs. </span>

3 0
3 years ago
Read 2 more answers
Which of the following statements is correct? ACars typically lose the most value in the first year after purchase. BHouses will
VashaNatasha [74]

I believe the answer is: A. Cars typically lose the most value in the first year after purchase

As the miles usage in cars increase, the quality of the machine tend to deteriorate, which would lead to the decrease in the cars' value. On top of that, the new model that given by car companies tend to possess better technology/design. On average, cars tend to lose 15 - 25 % in value during the first year.

7 0
3 years ago
Read 2 more answers
Crystal Soda produces​ lemon-lime soda. It incurred the following costs during the period​ (in thousands): Lemon Syrup ​$16,000
KonstantinChe [14]

Answer:

The total amount of product costs for Crystal Soda for the​ period is $29,960 (in thousands).

Explanation:

Product costs refer to the costs incurred by a business in order to create the product of the company or providing a service to the customers.

Product costs include direct materials costs, direct labor costs and manufacturing overhead costs

For Crystal Soda,

Product costs = Lemon Syrup + ​Freight-in for raw materials + Plant utilities + Assembly line wages + Plant​ janitor's wages + Bottles + Lime flavoring = $16,000 + ​$1,300 + $1,250 + $7,900 + $1,000 + $1,490 + ​$1,020 = $29,960

8 0
3 years ago
When convertible bonds are first issued I. the conversion price of the stock is higher than the market price. II. the market pri
yulyashka [42]

<em>When convertible bonds are first issued </em>

  • <em> the conversion price of the stock is higher than the market price.</em>
  • <em>the coupon rate is lower than if the bond were not convertible.</em>
<h3>Why are convertible bonds issued?</h3>

Convertible bonds are issued by businesses to reduce their debt's coupon rate and postpone dilution. The number of shares an investor will receive in exchange for a bond depends on its conversion ratio. If the stock price is higher than if the bond were to be redeemed, companies can force the conversion of the bonds.

<h3>What is a convertible bond?</h3>

An interest-bearing fixed-income corporate debt asset known as a convertible bond has the option of being converted into a predetermined number of shares of common stock or equity. During the bond's term, the conversion from bond to stock is possible at specific times and is often at the bondholder's option.

<h3>What benefits do convertible bonds offer?</h3>
  • The interest expense reductions from convertible bonds can be substantial.
  • Convertible bonds often have lower interest rate payments than straight corporate bonds.
  • The conversion option gives investors the chance to profit from gains in stock price, so they accept the reduced interest payments. May 10, 2021.

learn more about convertible bonds here <u>brainly.com/question/14954723</u>

<u>#SPJ4</u>

3 0
2 years ago
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