Select the incorrect statement regarding relevant costs and revenues. Group of answer choices Sunk costs are never relevant for decision-making purposes. Differential revenues are expected future revenues that differ from past revenues. To be relevant, a cost or revenue must not be future-oriented and must differ between the alternatives. Avoidable costs are also known as differential costs.

Answers

Answer 1

Answer:

The incorrect statement regarding relevant costs and revenues:

To be relevant, a cost or revenue must not be future-oriented and must differ between the alternatives.

Explanation:

For a cost or revenue to be considered as relevant, it must be incurred or earned at a future time.  It must also differ between the options available for decision making.  A cost or revenue cash flow is relevant if it arises from a management decision and can be avoided.  This simply means that if the cost or revenue is not affected by management decision or does not make any difference in decisions, it is not relevant.


Related Questions

what is the factor of production that coordinates other factors of production​

Answers

An entrepreneur is a person who combines the other factors of production - land, labor, and capital - to earn a profit.

the term exchange in marketing mean?​

Answers

Explanation:

i hope help you

follow me

A machine does three setups per production cycle. Each setup takes 20 minutes. The processing time is 0.5 minute. What batch size achieves a capacity of 24 units per hour

Answers

Answer: A batch size of 30units

Explanation:

The set up time is given as 20 Minutes per production cycle, Production cycle  for the machine has 3 cycles

Therefore  the set uo time for the cycles = 20 mins x 3= 60 minutes

Processing time = 0.5 minutes

Capacity = 24units per hour , changing to minutes we have

24 units / 60 minutes = 6/ 15 = 2/5 = 0.4 minutes

Capacity = Batch size / Set up time + batch size x processing  time per unit

0.4 = B/ 60 + B X 0.5

0.4 = B/60 + 0.5B

0.4( 60 + 0.5B) = B

24 + 0.2B=B

24=B-0.2B

0.8B=24

B =24/0.8

Batch size = 30  can be achieve at a capacity of 24 units per hour.

explain the component of general environment ?​

Answers

General Environment is the most important dimension of business environment as businessman cannot influence or change the components of general environment rather he has to change his plans and policies according to the changes taking place in general environment.

How much does the $1,000 to be received upon a bond's maturity in 4 years add to the bond's price if the appropriate discount rate is 6%

Answers

Answer:

$792.09

Explanation:

Calculation for how much that was received upon a bond's maturity

Using this formula

Amount received=Amount received to be received upon a bond's maturity /(1+Discount rate)^Bond's maturity years

Let plug in the formula

Amount received=$1,000/(1+0.06)^4

Amount received=$1,000/(1.06)^4

Amount received= $792.09

Therefore how much that was received upon a bond's maturity will be $792.09

You purchased a stock at a price of $53.36. The stock paid a dividend of $1.87 per share and the stock price at the end of the year was $59.46. What was the total return for the year

Answers

Answer:

Total return = 14.94%

Explanation:

Options are "14.17% , 13.40% , 14.94%, 11.43%, 3.50%"

End price = $59.46

Beginning price = $53.36

Dividend = $1.87

Total return = (End price - Beginning price + Dividends) / Beginning price

Total return = ($59.46 - $53.36 + $1.87) / $53.36

Total return = $7.97 / $53.36

Total return = 0.1493628185907046

Total return = 14.94%

Where to write the account name? *
a)At the bottom of T account
b)At the top of T account
c)In the debit side
d)In the credit side

Answers

Answer:

b)At the top of T account

Explanation:

The account name is always written at the top of a T account. The account name is also the account title.

A T account has a standard format. The title or the name is what differentiates them.

n its 2016 annual report, Lockheed Martin reports net earnings of $5,302 and dividends paid of $2,048. Your forecast of the net income for Lockheed Martin for 2017 is $5,504. What are the projected dividends for the company for 2017

Answers

Answer:

$2,126 million

Explanation:

Calculation for the Projected dividends for 2017

Using this formula

Projected dividends for 2017=2107 Forescated net income ×(2016 Dividends/2016 Net Income )

Let plug in the formula

Projected dividends for 2017=$5,504 million × ($2,048 million / $5,302 million)

Projected dividends for 2017=$5,504 million×0.38626933

Projected dividends for 2017 = $2,126

Therefore the Projected dividends for 2017 will be $2,126 million

what is an example of statistical reasoning?

Answers

Answer/Explanation:

Statistics educators often talk about their desired learning goals for students, and invariably, refer to outcomes such as being statistically literate, thinking statistically, and using good statistical reasoning. Despite the frequent reference to these outcomes and terms, there have been no agreed upon definitions or distinctions. Therefore, the following definitions were proposed by Garfield (2005 and have been elaborated in Garfield and Ben-Zvi (2008).

Statistical literacy is regarded as a key ability expected of citizens in information-laden societies, and is often touted as an expected outcome of schooling and as a necessary component of adults’ numeracy and literacy. Statistical literacy involves understanding and using the basic language and tools of statistics: knowing what basic statistical terms mean, understanding the use of simple statistical symbols, and recognizing and being able to interpret different representations of data (Garfield 1999; Rumsey 2002; Snell 1999)

Company Z has sales of $3,000,000, net income of $600,000, total assets of $1,000,000 and 800,000 shares of common stock outstanding. If Company Z's P/E ratio is 25, what is the company's current stock price

Answers

Answer:

Price per share = $18.75

Explanation:

The P/E ratio is the measure of how much the investor's are willing to pay for every $1 earnings of the stock. The p/e ratio is calculated by dividing the price per share of the stock by the earnings per share. The formula for p/e ratio is as follows,

P/E ratio = Price per share / Earnings per share

Earnings per share = Net Income / Number of Common stock outstanding

Earnings per share = 600000 / 800000  =  0.75 per share

25 = Price per share / 0.75

25 * 0.75 = Price per share

Price per share = $18.75

Your bank has 50 percent of its loans priced off of the current prime rate at prime + 1 percent, on average. The majority of the bank's liabilities are interest-bearing core deposits (NOWs, MMDAs, and small time deposits).

Required:
a. Assume that the prime rate immediately rises from 6 percent to 6.5 percent. Will management likely increase deposit rates by 0.50 percent immediately? Explain why or why not. What will be the impact on the bank's spread?
b. Assume that the prime rate immediately falls from 6 percent to 5.5 percent. Will management likely decrease deposit rates by 0.50 percent immediately? Explain why or why not. What will be the impact on the bank's spread?

Answers

Answer:

a. Assume that the prime rate immediately rises from 6 percent to 6.5 percent. Will management likely increase deposit rates by 0.50 percent immediately? Explain why or why not. What will be the impact on the bank's spread?

First of all we must analyze what type of deposits represent most of the bank's liabilities. NOW accounts, money market deposits (aren't very flexible) and small time deposits. These deposits tend to have short maturities, so an increase in the deposit rates will not affect them a lot. That means that the bank will probably not increase the deposit rate immediately, simply to earn a higher spread (resulting in higher income). The bank's spread will increase by 0.5%.

b. Assume that the prime rate immediately falls from 6 percent to 5.5 percent. Will management likely decrease deposit rates by 0.50 percent immediately? Explain why or why not. What will be the impact on the bank's spread?

The bank will immediately decrease the deposit rate. Banks will never lose 1¢ on purpose. Again, since most deposits have short term maturity, the decrease will not affect the account owners that much. The spread might increase, but it will never decrease. In the best case scenario, it will remain the same.

The useful life of a plant asset is: Multiple Choice Its productive life, but not to exceed one year. Determined by the FASB. The length of time it is productively used in a company's operations. Determined by law. Never related to its physical life.

Answers

Answer:

The length of time it is productively used in a company's operations.

Explanation:

Plant Assets are simply said to be the tangible properties (assets) used in a company's operations which by the way must have a useful life of more than one accounting period. It is widely called plant and equipment asset; property asset or fixed assets.

Useful Life is simply the amount of time(usually estimated) an asset(e.g. Plant asset) can be used in a business.

You’ve just joined the investment banking firm of Dewey, Cheatum, and Howe. They’ve offered you two different salary arrangements. You can have $68,000 per year for the next two years, or you can have $57,000 per year for the next two years, along with a $13,000 signing bonus today. The bonus is paid immediately, and the salary is paid in equal amounts at the end of each month. If the interest rate is 8 percent compounded monthly, what is the PV for both the options? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) PV Option 1 $ Option 2 $

Answers

Answer:

PV of first option ($68,000 per year) = ($68,000 / 12) x 22.10965 (PV annuity factor, 24 periods, 0.667%) = $5,666.67 x 22.10965 = $125,288.02

PV of second option ($57,000 per year + $13,000) = $13,000 + [($57,000 / 12) x 22.10965 (PV annuity factor, 24 periods, 0.667%)] = $13,000 + ($4,750 x 22.10965) = $118,020.84

In a slow year, Deutsche Burgers will produce 3.2 million hamburgers at a total cost of $5.4 million. In a good year, it can produce 5.4 million hamburgers at a total cost of $6.1 million. a. What are the fixed costs of hamburger production

Answers

Answer:

Fixed costs= $4,382,800

Explanation:

Giving the following information:

3.2 million hamburgers at a total cost of $5.4 million.

5.4 million hamburgers at a total cost of $6.1 million.

To calculate the fixed cost, we can use the high-low method. We will use the following formulas:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (6,100,000 - 5,400,000) / (5,400,000 - 3,200,000)

Variable cost per unit= $0.318

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 6,100,000 - (0.318*5,400,000)

Fixed costs= $4,382,800

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 5,400,000 - (0.318*3,200,000)

Fixed costs= $4,382,800

n order to help you answer this true/false statement, which words should be underlined?: Black cats can only be found in countries in Northern America. a. Only, in, Northern America c. Northern America b. Black cats, only, countries, Northern America d. Countries, Northern America Please select the best answer from the choices provided A B C D

Answers

Answer:

B. Black cats, only, countries, Northern America

Explanation:

Just took the test on Edg 2020

The words that need to be underlined includes Black cats, only, countries, Northern America.

What are the Underlined word?

The word are intended to be highlighted to make the reader understand whether the given statement is a true statement of not.

Hence, the words that need to be underlined includes Black cats, only, countries, Northern America.

Therefore, the Option B is correct.

Read more about Black cats

brainly.com/question/4336522

#SPJ2

Other Questions
Find the solution(s) of the quadratic equation x2 + 2x -15 = 0.A)x= -5,3B)x= 5,3C)x= -5 -3D)x= 5,-3 (63 points) {brainliest}Where are telomeres found? A. At the ends of chromosomes B. In the middles of chromosomes C. In healthy cells but not cancer cells D. In cancer cells but not healthy cells can somebody help me with this thank you so much I appreciate it Did the dance routine you have followed made you feel better? Why or why not? How much space do 2x10 22 copper pennies take up What why is this happening? Any factor that changes the shape of an enzyme can affect the enzyme's activity. Which of the following two factors affect anenzyme's operation the most?OA. blood glucose level and pHOB. amount of light and temperatureOC. amount of light and pressureOD. temperature and pH According to the narrator, what kind of person is Antonia?A) carefreeB)intellectualCopinionatedD)reserved A robot can complete 7 tasks in 3/5 hour. Each task takes the same amount of time.a. How long does it take the robot to complete one task?b. How many tasks can the robot complete in one hour? Which number is IRRATIONAL? who did the Proclamation Line of 1763 favor? wwwuuuuzzzzz uuuuuuuuuuuuuupppppppppppp Individuals and IT professionals have a responsibility to be aware of security threats and the damage they might do.Question 2 options: True False Which physical quantity measures what fraction of the input energy a machine actually converts into output energy?.kinetic energy.powerOC. efficiencyODacceleration Sensitivity to temperature is : a. psuedogeusiab. anesthesiac. thermesthesiad. hyperopiae. parosmia Help Solve for x3(x + 2) =12 How many alleles does a kitten inherit from the father? Question 4A government in which one person is in control is known as ____.Group of answer choicesautocracyoligarchyunitarydirect democracy How were Spanish and French colonists similar in their relations with American Indians How does the number of electors given to each state help small states