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Margarita [4]
2 years ago
10

The market value of equipment owned by a company is a sunk cost and should not be taken into account in deciding whether or not

to replace the equipment. a. True b. False
Business
1 answer:
-BARSIC- [3]2 years ago
6 0

Answer:

a. True

Explanation:

The sunk cost is the cost that is already incurred and not recovered in the future. Plus, it is also known as past cost.  

This cost is not useless at the time of decision-taking so it would be ignored.  

In the given question, the market value of the equipment is a sunk cost which determines that it will have no impact on the decision making so at the time of replacing the equipment, it would not be considered

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Choice B is correct.
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2 years ago
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Lower of Cost or Market The accountant for Murphy Company prepared the following analysis of its inventory at year end: Item Uni
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Answer:

  $52,860

Explanation:

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7 0
1 year ago
Principled negotiation emphasizes developing win/win solutions while protecting yourself against those who would take advantage
nadya68 [22]

Be honest and forthright is not exist as one among the key points of principled negotiation.

Explanation:

The activity of Be honest and forthright maybe act as a common methodology of human behaviour. Such human behavior cannot be related and linked with business terminology. As the motive of all traders is filled with a focus on profit, not on service point. It is purely based on values and ethical reactions. The corporate culture does not deal with emotions and feelings. It can deal only with the principles and well structured organizational behavior.

Human Resource management trains the executives to handle the critical situation in a diplomatic manner. It can help to take good and effective decisions amidst such controversial opinions of all employees. But they cannot seek help with the moral qualities of Honest and forthright to solve the problems. We can odd them out from the list of principled negotiations.

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On January 1, 2021, Rick’s Pawn Shop leased a truck from Corey Motors for a six-year period with an option to extend the lease f
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Answer:

Explanation:

CHECK THE ATTACHMENT FOR DETAIL EXPLANATION.

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2 years ago
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