What type of costs should firms and individuals ignore when making decisions?

The answer is sunk costs also known as retrospective costs. It is a charge that has already been acquired and cannot be recovered. These are occasionally compared upcoming costs that may be acquired or changed if an act is taken which is called prospective costs. Both prospective and retrospective costs may be either fixed or variable costs. Though, many economists consider it a mistake to categorize sunk costs as "fixed" or "variable."

Of the 4,092 pedestrian fatalities nationwide in 2009, __________ were Floridians. A. 2% B. 11% C. 19% D. 22%

Charger company's most recent balance sheet reports total assets of $28,892,000, total liabilities of $16,492,000 and total equity of $12,400,000. the debt to equity ratio for the period is (rounded to two decimals):

On Michigan state waters, which power-driven vessels are required to carry a whistle on board?

Smythe industrials has been in business 50 using the same manufacturing model. the company management is considering changing to a lean production and just-in-time (jit) manufacturing process. what would be the advantage of changing its manufacturing systems

You just established an audit policy that enables account logon, logon, object access, and account management. however, when you look at the logs, you see a large number of audit filtering platform connection and audit filtering platform packet drop events that consume most of the security logs. what can you do to alleviate this problem?

_____ is a cost that relates to all errors not detected and not corrected before delivery to the customer.

In ancient Greece, a group of people living together with the common purpose of taking care of each other through economic activity was called a

Sandy's sauces, which produces stirminus fry âsauces, is developing direct material standards. each bottle of sauce requires 0.51 kilograms of base. the allowance for waste is 0.5 kilograms perâ bottle, while the allowance for rejects is 0.4 kilograms per bottle. what is the standard quantity of base perâ bottle

Zingz is a soft drink that is widely distributed across cities. it is available at gas stations, department stores, and vending machines. consumers buy the soft drink without much thought or effort. zingz is an example of a _____.â

If we do not pay our student loans, then our credit score will be ruined. we will not pay our loans. therefore, our credit score is going to be ruined.

What strategies should they use to research and purchase a used car and other high dollar items such as furniture?

Problem statements in business reports are most effective when their matter-of-fact tone downplays the urgency of the problems.

A company has prepared the operating budget and the cash budget and is now preparing the budgeted balance sheet. the balance of accounts receivable can be obtained from the? _

Which type of account has a normal credit balance?
a. withdrawals
b. assets
c. expenses
d. revenues?

Would it ever be rational for a firm to borrow money in order to pay dividends

In calculating the bank discount when discounting an interest bearing note, which one of the following is not used in calculation? A. Bank discount rate
B. Maturity value
C. Principal proceeds
D. Discount period

An employee is seriously injured in a job-related accident. the employee has only been on the job 15 months before the accident occurred. based on this information:

Pavel is using the story line approach in his presentation. he says that the coffee shop chain he works for faces the challenge of improving its customer service orientation. after describing a sandwich chain that is similar to his company in size and target market, he explains the specific approach to training that the sandwich chain implemented in order to improve customer service. what aspect of a business story does his explanation about the training program represent

You buy a stock for which you expect to receive an annual dividend of $2.10 for the fifteen years that you plan on holding it. after 15 years, you expect to sell the stock for $32.25. what is the present value of a share for this company if you want a 10% return

Which gramm-leach-bliley act rule requires federal bank regulatory agencies, the sec, and the ftc to issue security standards for the institutions that they regulate?

The net income of edwards corporation amounted to $74,000 for this year. the beginning balance ofâ stockholders' equity was $31,000 and the ending balance was $72,000. the company issued no common stock during the year. what was the amount of dividends distributed during theâ year?

Rick is in his early sixties. a few years ago he had planned to retire by the time he was sixty, but when the time came, he decided to continue working. in fact, not only is rick still working, he has no intention of retiring or setting a time when retirement might occur. rick's decision to keep working into his late sixties is unusual in today's labor market.

a private club registration permit authorizes alcoholic beverages belonging to members of the club to be

Which of the following would be a helpful tool to help nations, communities, and families compensate for scarcity while trying to get what they wanted and needed

According to the theory of comparative​ advantage, trade and specialization​ ________ productivity by​ ________ opportunity costs.

When team members experience conflict because they are trying to make sense of competing ideas about how the team should work, they are in the storming stage of team development?

A computerized inventory system that simulates needed materials requirements for the finishedâ product, and then compares production needs to available inventory balances to determine when orders should be placed is theâ ________.

Jim is 50 and wants to buy $250,000 of life insurance. find the annual cost for whole life insurance.

Bell inc. took a physical inventory at the end of the year and determined that $780,000 of goods were on hand. in addition, bell, inc. determined that $60,000 of goods that were in transit that were shipped f.o.b. shipping point were actually received two days after the inventory count and that the company had $90,000 of goods out on consignment. what amount should bell report as inventory at the end of the year?

Allstar sporting goods, a national retail chain, has a system that provides a continuous flow of information about such things as distribution costs, prices, sales, and advertising expenses. this is called a