Answer:
The right choice is "3 Correctly ignored a sunk cost"
Explanation:
As the ticket to the opera was already bought and it is nonrefundable, nonexchangeable, and nontransferable; whether Van decides to go to the opera or to go to the party with Amy; he has incurred $100 cost of ticket which can not be recovered in any manner.
The ticket cost in this question is categorized as sunk cost - cost that incurred in the past and will be remained the same regardless of any future actions. Thus, this type of cost should be ignored when making decision for the future.
So, "3 Correctly ignored a sunk cost" is the correct choice.
Answer:
Weak because of proximate cause is difficult to prove in absence of other similarly affected individuals
Explanation:
Since in the question it is mentioned that the 60 year old man have a lung cancer so he sues the asbestos manufacturer also he trust that it is unsafe as her friend who use the alternative material has not have a lung cancer so here the case would be weak as of proximate cause as it is difficult for proving it
Therefore the same is to be considered
Answer: $962000
Explanation:
From the information given, the amount
that McCoy’s Fish House should record as the cost of the land will be:
Purchase price = $900,000
Add: Title insurance = $2000
Add: Back property tax = $8000
Add: Cost incurred to remove building = $45000
Add: Cost incurred to level the land = $10000
Less: Savage value of materials = $3000
Cost of land = $962000
Therefore, the cost of land is $962000
Answer:
$10,581
Explanation:
Given that
Purchase = $13,447
Purchases Returns and Allowances = $2,866
Purchases Discounts = $493
Freight in = $567
The computation of cost of merchandise purchased is shown below:-
Net Purchase = Purchase - Purchases Returns and Allowances - Purchases Discounts
= $13,447 - $2,866 - $567
= $10,014
Cost of merchandise purchased = Net purchase + Freight in
= $10,014 + $567
= $10,581
Two questions:
what is the confidence level we are looking at?
also the p-value of .240.24? Is that a mistake in typing or is it .240 to the 24 decimal?
Generally, if the p-value is less than the confidence level (alpha) you reject the null hypothesis. The null hypothesis here is that the ads didn't nothing to help.
For instance, if the p-value were .240 and the alpha was .05 you would reject the null hypothesis and say that the ads may have had an effect on the outcome.