1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
neonofarm [45]
2 years ago
10

When would sunk costs be irrelevant for current decision making?

Business
1 answer:
UkoKoshka [18]2 years ago
7 0

Sunk cost are always irrelevant when making current decisions.

Sunk cost is the cost that has already been incurred and cannot be recovered. Sunk cost should not be considered when making future economic decisions.

An example of sunk cost: A farmer buys a piece of land for $100,000. He plants on the land. Years later, the land becomes infertile. The farmer is considering selling the land. In this question, the cost of the land is sunk cost. The sunk cost is $100,000. The farmer should not consider this cost when determining if to sell the land or not.

To learn more about sunk cost, please check: brainly.com/question/17920044?referrer=searchResults

You might be interested in
Which of the following is an estimating pitfall? Select one: a. Misinterpretation of the statement of work b. Inaccurate work br
alex41 [277]

Answer: Option D

Explanation: In simple words, estimating pitfall refers to the potential errors that may or may not occur in the future. These are human errors that are caused due to omissions, double recording or no recording etc. Such errors can result in the failure of the project.

Hence from the above we can conclude that the correct option is D.

3 0
3 years ago
Western Electronics (WE) is reviewing the following data relating to a new equipment proposal: Net initial investment outlay $ 5
Vedmedyk [2.9K]

Answer:

The answer is $12,297.

Explanation:

Denote x is the minimum amount of after-tax annual savings (including depreciation effects) needed to make the investment yield a 12% return.

As required in the question, at $X annual after-tax saving, the net present value of the project discounted at the required return 12% will be equal to 0. So, we have:

- Net initial investment + Present value of cash inflow from asset disposal in 5-year + Present value of 5 after-tax annual savings = 0 <=>  -50,000 + 10,000 x 0.567 + X x 3.605 = 0 <=> 3.605X = 44,330 <=> X = $12,297 (rounded to the nearest whole dollar).

Thus, the answer is $12,297.

4 0
3 years ago
The world’s largest bank. Deutsche Bank set as its objective to make its name more recognizable in the United States. The succes
Vilka [71]

Answer: Planning

Some of the functions of management are planning, organizing, controlling, and leading.

Success depends on the "planning" function they will have to execute the task of sponsoring the golf tournament. Since they must map who will be the main participants and if they could be related to the bank, they must also have the best marketing strategy, place the right advertising in the right places to meet their objectives

6 0
3 years ago
Which would be considered liabilities ? Check all that apply
levacccp [35]
House, car, money you have saved in the bank. Basically anything valuable.
3 0
3 years ago
Read 2 more answers
Compare transnet with a perfect competitor in terms of price and output and profit
Sergeu [11.5K]
Transnet SOC Ltd is a rail, port, and pipeline company in Johannesburg. 

Price: This company is a price maker, therefore, in terms of price, Transnet perfect compitetor is a price taker.

Output: Transnet has the ability to decide the quantity of their output and they have many competitors on this one.

<span>Profit: Transnet might be able to increase their profit but in a competition it would be hard because customers might switch to the competitor. </span>
6 0
3 years ago
Other questions:
  • Housing prices in a certain neighborhood average at $90.75 per square foot. If one house in this neighborhood is 1100 square fee
    6·1 answer
  • On august 1, harvey company offered to pay $13,000 for equipment that was advertised as being sold for $19,000 by carrone compan
    9·1 answer
  • The management accountant at Jang Manufacturing Co. collected the following data in preparation for a life-cycle analysis on one
    6·1 answer
  • Kirgan, Inc., manufactures a product with the following costs: Per Unit Per Year Direct materials $ 26.50 Direct labor $ 15.50 V
    9·1 answer
  • To create a balanced budget one must make sure too
    7·1 answer
  • Hokies uses the following accounts:
    6·1 answer
  • Katsu Corp. distributes property to its shareholders as part of a complete liquidation. The fair market value of the property is
    5·1 answer
  • In March, Stinson Company completes Jobs 10 and 11. Job 10 cost $23,300 and Job 11 $31,500. On March 31, Job 10 is sold to the c
    7·1 answer
  • Current Attempt in Progress Nash's Trading Post, LLC developed the following information about its inventories in applying the l
    8·1 answer
  • What is the main responsibity of the national government ?​
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!