what is the first issue that needs to be addressed in order to properly report tangible and intangible assets?

Answers

Answer 1

The first issue that needs to be addressed in order to properly report tangible and intangible assets is "Determining the amounts to be included in the assets initial cost."

An intangible is an asset that is not physical in nature. Goodwill, brand recognition and property , like patents, trademarks, and copyrights, are all intangible assets. Intangible assets exist con to tangible assets, which include land, vehicles, equipment, and inventory.

To know more about assets, click on the link here:

https://brainly.com/question/14892188

#SPJ4


Related Questions

when the consumer price index rises, the typical familya. finds that its standard of living is not affected.b. has to spend more dollars to maintain the same standard of living.c. can spend fewer dollars to maintain the same standard of living.

Answers

The typical family option b. has to spend more money to maintain the same level of living as the consumer price index increases.

A market basket of products and services that households have purchased at a weighted average price is measured by a consumer price index. The measured CPI changes over time to reflect variations in price.

The Consumer Price Index (CPI) monitors changes in the cost of items for consumers. It is a method for determining whether there is overall inflation or deflation in the economy. Your choice of how much money to spend or save could be influenced by the CPI.

The average pace of price change over time has accelerated, as seen by an increase in the CPI. This causes changes in the cost of living and income over time.

Learn more about Consumer Price Index here:

https://brainly.com/question/3870930

#SPJ4

which of these is a financial service offered to business owners

Answers

Answer:

commercial banks

Explanation:

suppose a project with a negative net present value would provide intangible benefits. to estimate the annual value of intangible benefits needed to accept the project, blank the negative net present value excluding intangible benefits by the blank . multiple choice question. divide, present value of $1 factor multiply, present value of $1 factor divide, present value factor for an annuity multiply, present value factor for an annuity

Answers

The idea that investors and company managers should only invest in projects or transactions that have a positive net present value (NPV) is known as the net present value rule.

They should steer clear of projects with a negative net present value when investing. It is a logical extension of the theory of net present values.

A company's earnings should logically rise when it invests in something with a net present value greater than zero, according to the net present value theory. The shareholder's wealth should rise as a result of the investment in the case of an investor. Companies may also participate in projects with a neutral net present value (NPV) if they are associated with benefits that are currently unquantifiable and intangible in the future or if they facilitate ongoing investments.

Learn more about net present value here:

https://brainly.com/question/18848923

#SPJ4

when a company retires bonds early, the gain or loss on the retirement is the difference between the cash paid and the

Answers

when a company retires bonds early, the gain or loss on retirement is the difference between the cash paid and the: carrying value of the bonds.

Compare the call price to the bond's carrying value to determine if there was a gain or loss on the bond's early retirement.

What are retirement bonds?

Repurchasing previously issued bonds from buyers is known as retiring bonds. on the time of the units' scheduled adulthood, the issuer retires the bonds. any other approach of retirement is for the company to repurchase the bonds faster if the bonds are callable. while bonds are retired, the company deletes the liability for bonds payable from its information.

relying at the funding scenario of the issuer, it is able to be important to difficulty new bonds which will acquire the coins needed to retire the old bonds. In this example, the company’s overall liabilities will be approximately the equal before and after the bond retirement.

Learn more about retirement bonds https://brainly.com/question/17193198

#SPJ4

when total expenditures exceed the economy's potential gdp, the proper fiscal policy is to a. increase transfer payments to the poor and elderly. b. cut personal income tax rates. c. decrease government purchases. d. increase purchasing power.

Answers

The appropriate fiscal policy is to (C) reduce government purchases when total expenditures exceed the economy's potential GDP.

What is GDP?Gross domestic product (GDP) is a monetary indicator of the total market value of all the final commodities and services that nations generate and sell over a given time period. This measurement is frequently changed before it can be trusted as an indicator because of how complicated and subjective it is.The third quarter saw a rise in current-dollar GDP of 6.7 percent at an annual pace, or $414.8 billion, to a total of $25.66 trillion.The country's national statistical office often uses the international standard to compute GDP.Reduced government spending is the appropriate financial strategy when total expenditures exceed potential GDP.

Therefore, the appropriate fiscal policy is to (C) reduce government purchases when total expenditures exceed the economy's potential GDP.

Know more about GDP here:

https://brainly.com/question/1383956

#SPJ4

an inferior good is a good for which the quantity demanded increases as the price decreases, holding everything else constant a.true b.false

Answers

The statement an inferior good is a good for which the quantity demanded increases as the price decreases, holding everything else constant is false.

In the field of business, an inferior good can be described as a product whose demand in the market will decrease if the income of the people in a place or country increases. As the economy of a country increases, the quantity demanded for an inferior good decrease.

An inferior good is a type of good that is used only by customers when they have low incomes or the country is not economically stable. When there is a higher income for the people of a country, the value of demand for the inferior good decreases.

To learn more about inferior good, click here:

https://brainly.com/question/20532958

#SPJ4

the fixed cost to run a shoe manufacturing unit is $40,000 per month and the average selling price for a shoe is $100. if the all-inclusive variable cost to manufacture a shoe is $50, how many shoes should be sold per month to breakeven?

Answers

According to the given information, 800 shoes must be manufactured for meeting break even point for a month.

Given:

Shoe price = $100

Variable cost for one shoe = $50

Total fixed cost for one month = $40,000

[At break even point cost = Price and that point never get profit]

Therefore, Allocatable fixed cost to each shoe = 40000/50 = 800

800 shoes must be manufactured for meeting break even point for a month.

By comparing the market price of an asset to its initial cost, the break-even point (break-even price) for a trade or investment can be identified. The break-even point is reached when the two prices are equal.In corporate accounting, the break-even point is calculated by dividing the total fixed production costs by the revenue per unit less the variable production costs per unit. Fixed costs in this context refer to expenses that are constant regardless of the quantity of units sold. The production level at which total sales for a product equal total expenses is known as the break-even point.

Learn more about Break-even point, here

https://brainly.com/question/29063970

#SPJ4

A perfectly competitive firm that chooses to produce will maximize profits at the output level where which of the following is true?
A
Average cost is equal to marginal revenue
B
Marginal cost is total revenue
C
Marginal cost is equal to marginal revenue
D
Average total cost is equal to average revenue

Answers

A perfectly competitive firm that chooses to produce will maximize profits at the output level where B. Marginal cost is total revenue.

What is a perfectly competitive firm's output that maximizes profits?

In a market with perfect competition, a company can maximize its profits by producing at the point when marginal cost and marginal income are equal.

When marginal revenue and marginal cost are equal, or when MR = MC, a fully competitive firm will make the decision that will maximize its profits.

As a result, the firm's profits are maximized when it selects an output level where its marginal revenue and marginal cost are identical. Consider once more the example of the company that produces a single good using only two inputs, labor and capital, to explain the idea of profit maximization.

To know more about perfectly competitive firm, refer:

https://brainly.com/question/27419666

#SPJ4

__ is an emerging retailing strategy that employs market data to best serve customers as they prepare to make a purchase. it focuses on understanding how a brand's target customers behave as shoppers.

Answers

Shopper marketing is a growing retailing strategy that employs market data to best serve consumers as they prepare to make a purchase. It emphasizes understanding how the target customers of a brand behave as shoppers.

Shopper marketing is an emerging cross-functional strategy primarily designed to improve performance of businesses by using actionable insights in order to connect with shoppers and influence behavior patterns anywhere along the path to purchase.

Shopper marketing focuses on improving the shopping experience for customers in order to drive sales both online and in-store at the point of purchase.

You can learn more about shopper marketing at

https://brainly.com/question/16993742

#SPJ4

nicholas, an employee at a book publishing company, is unhappy with his company's existing project management system. he decides to communicate this to the top management by expressing his complaints in an email. according to the work of philosopher immanuel kant, nicholas is applying his right of

Answers

Nicholas is exercising his right to free speech in accordance with the writings of philosopher Immanuel Kant.

What do you mean by philosopher?

A philosopher is a person who engages in philosophical activity or inquiry. The Greek philosopher Pythagoras is credited with creating the phrase. In the traditional meaning, a philosopher was a person who adhered to a particular style of living and focused on finding answers to existential questions concerning the human condition; they were not required to discuss ideas or make judgments about writers. Philosophers would have been those who had most fervently devoted themselves to this way of life.

To learn more about philosopher
https://brainly.com/question/25266978

#SPJ4

Tim is retired and has recently separated from his wife. He receives benefits from a qualified retirement plan through his former employer. The plan's trustee has decided to split these benefit payments between Tim and his estranged wife. This decision is likely in violation of which IRS rule?
a. reasonable expectations
b. alienation of benefits
c. minimum coverage
d. indemnity of benefits

Answers

The decision that is likely in violation with IRS rule is option b. alienation of benefits.

The assignment of a pension or retirement plan participant's benefits to a different person is known as alienation of benefits. According to IRS regulations, it is only allowed in exceptional situations like specific participant loans and specific domestic relations orders. This trustee likely violates this rule because there is no domestic relations order.

A retirement plan that has been approved by the IRS and allows investment income to grow tax-deferred is known as a qualified retirement plan. Individual retirement accounts (IRAs), pension plans, and Keogh plans are typical examples. The majority of retirement plans provided by your employer are qualified plans.

To know more about retirement plans, refer to the following link:

https://brainly.com/question/28128413

#SPJ4

the usp concept captures two things. one is how does your market offering dominate these other providers. what is the other? what is the product category what is the target segment where is the product positioned none of these

Answers

The USP concept captures two things. One is how does your market offering dominate these other providers. The other is what is the product category?

Define product category.

A group of linked products with similar features is referred to as a product category. Product category marketing is concerned with promoting particular categories to satisfy consumer demands. The four product categories are convenience items, shopping items, specialty items, and unsought items. Each category is thus based on consumer preferences, pricing, and product characteristics.

The arrangement and classification of your product categories should be determined by your unique products and customer personas. The reason the products are grouped is because your search engine can retrieve products more quickly.

To learn more about product category, visit:

https://brainly.com/question/13720839

#SPJ4

a company's income before interest expense and income taxes is $450,000, and its interest expense is $120,000. its times interest earned ratio is:

Answers

A measure of a company's ability to honour its debt obligations based on current income is known as the times interest earned (TIE) ratio. TIE, which is also known as interest coverage ratio, can be computed using the formula below:

TIE = EBIT / Interest Expense (1) In which case;

$450,000 is EBIT, or earnings before interest and taxes.

Interest costs equal $120,000.

When we enter the values into equation (1), we get:

TIE is $450,000 divided by $120,000, or 3.75 times.

According to this, the company's income exceeds its interest expense by a factor of 3.75.

Based on current income, the times interest earned (TIE) ratio assesses a company's capacity to service its debt. Analysts ought to take the ratio's time series into account. It's possible that a single point ratio is not the best metric.

To know more about current income, click here:-

https://brainly.com/question/14190363

#SPJ4

which of the following indicators will most likely increase as a result of the increase in the u.s. poverty rate? wealth mobility life expectancy income polarization employment rate

Answers

Indicators will most likely increase as a result of the increase in the u.s. poverty rate is an income polarization.

What is income polarization?Income polarization, on the other hand, evaluates how far apart those tails are, i.e., what is the income disparity between the low- and high-income groups. Income polarization measures the shift from the middle of the income distribution out into the tails.The rise of income polarization—also known as the "hollowing out" of the income distribution—in the United States since the 1970s is examined in this research using a variety of micro-level datasets.When middle-class positions, such as those held by autoworkers, which need a moderate level of abilities, seem to disappear in comparison to lower-skilled occupations at the bottom and higher-skilled jobs at the top, this phenomenon is referred to as polarization of the labor force by economists.

To learn more about Income polarization refer to:

https://brainly.com/question/15572442

#SPJ4

humana has an employee advocacy program that showcases the work their employees are doing. they have control over what content is distributed out and are able to host the content on their designated sites and platforms. this is an example of .

Answers

Employee Advocacy is outlined because the promotion of an organization or whole by staff us agency share info concerning the company's whole, product, or services on their social media networks.

A social media policy should embrace a delicate balance: it must defend your whole and guard against legal and security risks. Basic problems are perpetually a requirement, like sharing confidential company and consumer info or posting content that will be deemed uncomplimentary, offensive or calumnious.

Employee Advocacy is once the people that work for an organization take steps to market their leader.

To learn more about Employee Advocacy, visit here

https://brainly.com/question/17235230

#SPJ4

Rhiannon is an inside sales representative at a natural cosmetics company. She recently sold a new primer the company released to many clients. However, the pump on the primer bottle does not work properly. Investigation shows the error stems from the manufacturer of the pump. Rhiannon’s sales manager had pressured rhiannon to sell this new product, and now rhiannon is worried that this is not an isolated incident. In this case, there could be a major recall, and the firm’s ceo would have to get involved. If a client is highly dissatisfied and wants to express discontent, who are they most likely to contact first?.

Answers

Answer:the client

Explanation:

multiple choice question plant assets are recorded at cost, which includes all expenditures necessary to get the asset in place and ready for use. all of the following would be included as part of the cost of a plant asset except: multiple choice question. costs to customize the new plant asset damage done when unpacking the plant asset costs to modify the new plant asset cost to purchase the new plant asset

Answers

Plant assets are recorded at cost, which includes all expenditures necessary to get the asset in place and ready for use. all of the following would be included as part of the cost of a plant asset except: the new plant asset cost to purchase the new plant asset.

What is the cost of  Plant assets ?

The cost of the new plant can be described as the bcost that is required to get the plant to the place that is designed to be as it is been stated by the company.

It should be noted that the cost emcompass the listed option except the cost of the purchase of the new plant asset.

Therefore, the last option is correct.

Learn more about  cost here:https://brainly.com/question/25109150

#SPJ1

Answer:Damage done when unpacking the plant asset

Explanation:

Damage done when unpacking the plant asset

a customer receives a confirmation for a securities transaction and it discloses that the broker-dealer acted in the capacity of a dealer. this means that the firm acted as a(n):

Answers

A broker-dealer purchases stocks, bonds, and other types of securities. Then, at a price greater than the purchase price, they sell the shares to a different investor.

What Does a Broker-Dealer Do?Broker-dealers, who are crucial to maintaining market liquidity, might be corporations, institutions, or private individuals. And they play two different functions, as you might infer from the hyphenated name.They play the role of a broker at times. They assist clients in the purchase or sale of securities, such as stocks. They act as a middleman, assisting you in acquiring the shares from the seller in exchange for a brokerage fee.They take on the role of a dealer other times. This indicates that they are genuine participants or principals in a securities sale. (Note that traders do not purchase or sell as part of a legitimate business; rather, they do so for personal gain.)Broker-dealers will make sure to profit for their company's account by making sure to sell the securities for more than they paid. When serving as a principal in a transaction, broker-dealers are required to inform their clients. They are not permitted by law to make money from both ends of a single transaction.

To Learn more About broker-dealer refer to:

https://brainly.com/question/14301808

#SPJ4

a stock sells for $12.36 a share and has a required return of 9 percent. dividends are paid annually and increase at a constant 3 percent per year. what is the amount of the last dividend paid? $0.50 $0.63 $0.46 $0.72 $0.59

Answers

Option d. $0.72 is the correct answer. The last dividend paid is $0.72

The dividend growth model can be used to derive the intrinsic value of a stock given the dividend, the growth rate of dividends and the required return. The core concept relates to finding the present value of all future dividends.

Stock Price = $12.36

Required Return (K) = 9% = 0.09

Dividend Growth (G) = 3% = 0.03

The formula for calculating the stock price using the dividend growth model is as follows -

Stock Price = Do * ( 1 + G ) / ( K - G )

With other values available, we can find the last dividend paid (Do). The formula can also be written as -

Last Dividend (Do) = Current Price * { ( K - G ) / ( 1 + G ) }

Last Dividend (Do) = 12.36 * { ( 0.09 - 0.03 ) / ( 1 + 0.03 ) }

Last Dividend (Do) = 12.36 * 0.0583

Last Dividend (Do) = $0.72

Learn more about dividends:

https://brainly.com/question/28044310

#SPJ4

Walmart and home depot emphasize consistently low prices and eliminate most markdowns with a strategy often called.

Answers

Walmart and Home Depot emphasize consistently low prices and eliminate most markdowns with a strategy often called everyday low pricing.

At the most essential stage, supply chain management (SCM) is the management of the drift of products, data, and finances associated with a product or service, from the procurement of raw materials to the delivery of the product at its final vacation spot.

Supply management is made from 5 regions: supply-making plans, manufacturing-making plans, stock-making plans, capacity-making plans, and distribution-making plans.

Learn more about Walmart here: https://brainly.com/question/18559162

#SPJ4

It costs a publishing company $0. 55 to print one copy of a certain novel. This company paid $725,000 for the rights to the novel. If they can sell a copy of the novel for $6. 75, how many copies of the novel must they sell to break even, to the nearest hundred?.

Answers

116,900 copies of the novel must they sell to break even, to the nearest hundred.

What is cost?

In manufacturing, research, retail, and accounting, an expense is the value of money that was used  to produce a product or provide a service and  is therefore no longer available. In business, the cost may be the purchase price, in which case the cost is the amount of money used for the purchase.

The two main types of costs in businesses are

fixed costvariable cost

Fixed costs do not change depending on output, while variable costs. Fixed costs are sometimes called overheads.

To learn more about cost, refer;

https://brainly.com/question/15135554

#SPJ4

the balance in the finished goods inventory on the ending balance sheet for a firm represents items in the process of being manufactured items completed and ready for sale items that have been sold to customers raw materials that have been purchased from vendors

Answers

The balance of finished goods inventory on the final balance sheet of a company is goods in the process of making finished goods and ready for sale goods that have been sold to customers raw materials that have been purchased from finished goods inventory sellers.

The balance sheet is that part of the financial statements of a business entity or company that records information about the assets, liabilities and shareholder equity at a given time. This report must be made by a business entity or company because it is a guide in making business decisions.

Balance Sheet Benefits

Applies as an analysis tool for changes in the financial condition of a company on a regular basis, from year to yearBusiness entity liquidity analysis tool to determine the company's ability to perform its obligationsAnalysis tool for the company's ability to pay off short-term debt

Learn more about balance sheet here brainly.com/question/26323001

#SPJ4

consumers are concerned with security issues related to their confidential health information being placed in an electronic health record (ehr). however, when the security of the ehr is compared with that of paper-and-pencil records, the ehr is:

Answers

Consumers are concerned with security issues related to their confidential health information being placed in an electronic health record (EHR). However, when the security of the EHR is compared with that of paper-and-pencil records, the EHR is more secure. Hence, option A is the correct answer.

One of the fundamental obligations of medical profession is confidentiality. Health care professionals are required to keep a patient's confidential health information private until the patient gives approval to share the information. The process of ensuring the security and confidentiality of patient records is known as medical privacy or health privacy. It involves both the security of medical records and the confidentiality of conversations between healthcare professionals.

An electronic health record is a standardized collection of patient and population health data that has been digitally saved. These records might be distributed throughout other healthcare facilities.

To know more about documentation related to a person's health: https://brainly.com/question/28170598

#SPJ4

The correct question is:

Consumers are concerned with security issues related to their confidential health information being placed in an electronic health record (EHR). However, when the security of the EHR is compared with that of paper-and-pencil records, the EHR is:

a.

more secure.

b.

less secure.

c.

equivalent.

d.

not comparable with the paper-and-pencil record

Ezra ha never completed a tax return. He know he will have to file thi year becaue he had a ummer job. Although he owe no federal income taxe, $125 wa withheld from hi pay-check. If he doent file, he wont get thi money back. Ezra doent know how to chooe or complete the tax form he need. He heard there are oftware program that are deigned to help people fill out tax return. He went to hi local computer tore, but the oftware he found did not eem to be deigned for people filing a tax return for the firt time. What hould ezra do?

Answers

According to the gospel of Jesus Christ, the best place to start when thinking about Ezra the priest is by recalling some of the things that Ezra said and did.

Ezra did what?

Ezra made the decision to serve as a missionary, an evangelist, and a witness. He understood that everyone had to be aware of and obedient to God's Word. God had appointed Ezra to bring back the Lord's Law in Israel's daily lives. Because Ezra was committed to passing along God's Word to others, God's hand was upon him.

What is Ezra's primary goal?

The story of Ezra emphasizes that God maintained His word and demonstrates that He would continue to benefit His people as long as they were faithful to Him. The book therefore stresses related to Chronicles, the temple and proper worship (which was also written during these days).

To know more about Ezra visit:-

https://brainly.com/question/20741814

#SPJ4

you have signed a two-year lease on a building in which you are planning to open a day care center. you have no choice about how much money you spend on rent for the next two years, because you are already committed to this agreement. this is an example of:

Answers

A scenario in which we no longer care about the rent for the next two years because of having signed a two-year lease on a building is an example of fixed-input.

In the field of business, a fixed input can be described as a factor that cannot be changed as any cost in relation to a particular business.

In the scenario above, we have created a fixed input by signing a two-year lease. This means that we will have to pay the rent for two years due to the commitment of the fixed input. The fixed input cannot be changed according to the business principles. Hence, the commitment or agreement mentioned in the above question is an example of a fixed input.

To learn more about fixed-input, click here:

https://brainly.com/question/16245740

#SPJ4

mark has been reviewing disaster recovery planning, and after receiving direction from his company's board of directors, it has been determined that they can only withstand a maximum of 36 hours of downtime. mark is updating his dr plan with this new metric. what part of the plan should he modify?

Answers

Mark should modify RTO part of the plan while updating his DR plan with this new metric.

What does RTO mean in DR?

The length of time that must pass after a disaster for a business process to be restored in order to avoid the unacceptably negative effects of a disruption in business continuity is the traditional definition of RTO. The recovery time objective (RTO) is the maximum amount of time that an application or service can be unavailable following a disaster without seriously harming the company's operations.

The recovery time objective (RTO) is the maximum amount of time from the last data restoration point, whereas the recovery point objective (RPO) is the goal amount of downtime in the event of an IT outage. An RTO's main objective is to estimate how long something will take.

To learn more about RTO, visit:

https://brainly.com/question/28078165

#SPJ4

what are the typical goals of a startup's promotional activities? select all that apply. group of answer choices acceptance of a new product addressing competitor's actions increase in sales improved brand equity significant near term return on investment

Answers

This is known as a: When a startup's promotional strategy is to create buzz about a product through advertising, media campaigns, andpull techniquet / f) It is best to stick to a single promotional strategy and one type of activity throughout a product's life cycle.

What is the initial step to making a triumphant offer?

Methods for Creating a Strong Value Proposition Find out what your rivals' value propositions are by conducting research. Describe the worth of your goods and services. Describe the advantages your ideal client will gain by choosing your product or service over the alternatives.

What are the four methods for promotion?

The marketing four Ps: product, cost, location, and promotion

Learn more about promotional strategy here:

https://brainly.com/question/29218449

#SPJ4

clark hires dion to act as his agent to purchase expo sports arena, inc. clark tells dion to reveal that he is buying the firm and its assets on behalf of a third party and to tell the seller who that third party is. clark is

Answers

In the situation where Clark tells Dion to reveal that he is buying the firm and its assets on behalf of a third party and to tell the seller who that third party is, Clark is A. A disclosed principal

In the field of business, when a person or business has hired an agent that is taking actions in representation for the person, business or principal is a disclosed principal.

In the scenario mentioned in the question, as Cark is the principal who has hired an agent, hence Calrk is the disclosed principal.

The party's identity is represented through an agent in a disclosed principal. In the situation above, anything related to Clark's business such as buying a firm will be discussed by agent Dion.

Although a part of your question is missing, you might be referring to this question:

Clark hires Dimitri to act as his agent to purchase Expo Sports Arena, Inc. Clark tells Dimitri to reveal that he is buying the firm and its assets on behalf of a third party and to tell the seller who that third party is. Clark is

A. A disclosed principal

B. An apparent principal

C. An undisclosed principal

D. A partially disclosed principal

To learn more about a principal, click here:

https://brainly.com/question/28237902

#SPJ4

Oliver industries is evaluating the manufacturing process for one of their products. Oliver has determined that the process has yearly maintenance costs of $29,000, yearly operating costs of $22,000, and yearly revenues of $97,000. Two years ago, the firm spent $6,000 upgrading the equipment used to make this product, and it expects to spend $5,000 on additional upgrades three years from now. In this scenario, oliver.

Answers

According to the given information, Oliver's manufacturing industries has sunk cost of $6,000.

Given:

Maintenance cost = $29,000

Operating costs = $22,000

Yearly revenues = $97,000

The firm spent for upgrading the equipment used to make this product =

                              $6,000

Sunk costs are expenses that have already been incurred and cannot be recovered, so they have no bearing on the financial decision.

Hence, The sunk cost of Oliver's manufacturing industries = $6,000

In this case, maintenance costs are recurring outlays that must be made, not costs that have already been incurred. The same is true for operating costs.In order to upgrade the equipment that had already been purchased, the company spent $6,000 two years ago. This cost cannot be recovered, and it will have no bearing on any financial management decisions.It is not a sunk cost because there is still a further $5,000 to spend and the decision to spend that amount could be made without incurring any additional costs.

Learn more about Sunk cost, here

https://brainly.com/question/20438089

#SPJ4

Complete question:

Oliver Industries is evaluating the manufacturing process for one of their products. Oliver has determined that the process has yearly maintenance costs of $29,000, yearly operating costs of $22,000, and yearly revenues of $97,000. Two years ago, the firm spent $6,000 upgrading the equipment used to make this product, and it expects to spend $5,000 on additional upgrades three years from now. In this scenario, Oliver

A. has sunk costs of $5,000.

B. has sunk costs of $6,000.

C. has sunk costs of $51,000.

D. does not have any sunk costs.

if an economist was arguing that it would be fairer for everyone in society to pay the same percentage of their income in taxes rather than pay taxes at different percentages based on income levels, the economist would be making the case for which kind of tax?

Answers

The economist would be making the case about paying a flat amount in taxes on income is an example of regressive tax.

What Is a Regressive Tax?

A tax is said to be regressive if it is levied in a way that the tax rate drops as the amount subject to taxation rises. When describing a distributional impact on income or spending, the term "regressive" refers to the rate's progression from high to low, causing the average tax rate to be higher than the marginal tax rate.

Sales taxes, sin taxes, and property taxes are examples of regressive taxes because they are paid regardless of income. Regressive taxes thus have a decreasing average tax burden as income increases. The tax burdens are then unfairly disproportionately heavy on low-income taxpayers while disproportionately light on middle- and high-income taxpayers.

To learn more about regressive tax, visit:

https://brainly.com/question/12001056

#SPJ4

Other Questions
Which is NOT a factor which affects communication?A. Not understanding a messageB. Not agreeing with the messageC. Not hearing the messageD. Aggression In a tennis serve, a 0.070 kg ball can be accelerated from rest to 35 m/s over adistance of 0.80. Find the force exerted on the ball during the serve. Find the value of x. a client scheduled to undergo subtotal thyroidectomy is taking a potassium iodide solution. the client complains to the nurse that she is experiencing a brassy taste in her mouth when taking the medication. which instruction should the nurse provide to the client? Please help this is due tomorrow If W(-10, 4). X(-2, 71), and Y(-5, 10) classify triangle WXY by its sides. Show all work to justify your answer. 4. 6 2/3 divided by 8 which of the following is true of the digital millennium copyright act? it prevents circumvention of technological access protections for such digital products such as computer software and compact disks. in activity-based costing, the factor which drives costs and causes costs in the pool to be incurred is a Please help with the following question. Your brother is 13 your age. Your sister is 6 years older than your brother. Your sister is 10 years old. Write and solve an equation to find your age a.An equation is =10.You are 12 years old. A car travels 210 kilometres in 3 hours 30 minutesCalculate the average speed, in km/h, of the car. a nurse is assigned to a client who, after a medication teaching session, began receiving amitriptyline hydrochloride to treat depression. one week after starting this drug, the client refuses to take the medication, reporting that it has caused blurred vision, dry mouth, and constipation, but it hasn't improved the client's mood. which nursing diagnosis is appropriate for this client? hristina, who is single, purchased 300 shares of apple incorporated stock several years ago for $15,600. during her year-end tax planning, she decided to sell 150 shares of apple for $7,050 on december 30. however, two weeks later, apple introduced its latest iphone, and she decided that she should buy the 150 shares (cost of $7,350) of apple back before prices skyrocket.. Which of these passage from the text best supports the correct answer to Question 5? A. "But the greatest problem in Guatemala is that most people cannot participate in the political negotiations, because they don't speak Spanish!" B. "The recent historical events in Guatemala have fragmented the culture of the Mayas in many places." C. "But Guatemala is also part of Humankind, and what has been going on in Guatemala is a very bad example for the world and for future generations." D. "There is a need for international organisations to which the victims can turn for help, to which people can go to defend their lives and to protect their human rights." a financial planner is examining the portfolios held by several of her clients. identify which of the following portfolios is likely to have the smallest standard deviation: which of the following represents the different information formats? group of answer choices detail, summary, aggregate document, presentation, spreadsheet, database individual, department, enterprise none of the above Spanish crossword helps if you were one of ten new workers the firm was about to hire, would you prefer to be paid the value of your average product or the value of your marginal product? please help me with this question!(first CORRECT answer gets brainliest) an industry comprising a small number of firms, each of which considers the potential reactions of its rivals in making price-output decisions, is called group of answer choices monopolistic competition. oligopoly. pure competition. pure monopoly.