Answer:
the minimum down payment that Mark can make is $1,650
Explanation:
The computation of the minimum down payment that Mark can make is given below:
Purchase price $21,000
Less: Trade In -$4,500
Net price $16,500
So, the down payment needed should be
= 10% of $16,500
= $1,650
Hence, the minimum down payment that Mark can make is $1,650
Answer: $9,600
Explanation:
Past-due accounts written off = Beginning Allowance balance + Bad Debts expense - Ending Allowance Balance
= 6,300 + 11,400 - 8,100
= $9,600
<u>Answer:</u> Sunk cost
<u>Explanation:</u>
Sunk cost means the expense which has been already met by the firm and they cannot be recovered at any rate. Sunk costs are not based on the future decisions as these expenses for the firm are the same irrelevant to the project which it is assigned. Sunk costs are not a part of the budget plan.
In the given scenario the delivery company has spent $3500 in order to upgrade the truck. So $3500 is treated as sunk cost in the proposed project.
Answer: Yes they are
Explanation:
This is a Shrink-Wrap Agreement which means that in order to use a product, one has to accept the conditions that come with it. The term gets its name from the agreement printed on the shrink-wrap (plastic wrap) of a product. Tearing it off and using that product implies that you agree to the terms printed.
Bequator Corp., in buying the phones agreed with TracFone Wireless Inc's condition that the buyer will <em>"not to tamper with or alter the software"</em>. Bequator however went ahead and tampered with the phones they bought such that the phones could now be used on other networks.
This is a clear violation of the condition that TracFone sold it to them under which means that Bequator Corp. is quite liable for breach of contract.
Operation management refers to the task of managing the process that transforms resources into finished goods and services. The key elements of an operation system includes Inputs, processes and outputs. Inputs are the resources necessary to make the product, processes are action performed on the inputs to transform them into finished products while outputs are finished products that results when inputs are processed. Therefore, in this case regulation is not a key element in operation function.
