11 Chapter 11 Relevant Costs for Decision Making Solutions to Questions 11-1 A relevant cost is a cost that differs between alternatives in a decision. 11-2 An incremental cost (or benefit) is the change in cost (or benefit) that will result from some proposed action. An opportunity cost is the benefit that is lost or sacrificed by not taking some course of action. A sunk cost is a cost that has already been incurred‚ and that cannot be changed by any future decision. 11-3 No. Variable
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Chapter 11 Student: ___________________________________________________________________________ 1. As coca-cola faced problems in the late 1990s‚ Douglas Daft changed strategies and focussed on ____________? A. price B. quantity C. quality D. tailoring strategy to meet local needs E. centralizing firm decisions in Atlanta 2. Profit can be defined as: A. costs minus profits B. the difference between time and money C. quantity times profit D. sales plus costs E. the difference between TR and TC
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Question 1 1 out of 1 points Demand influences on _______ decisions concern primarily the nature of the target market and expected reactions of consumers to a given price or change in price. Selected Answer: Pricing Correct Answer: Pricing Question 2 1 out of 1 points The __________ factors that are particularly important for pricing decisions are expected consumption rate of potential buyers‚ location of potential buyers‚ and position of potential buyers. Selected Answer:
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Joseph Company issued $800‚000‚ 11%‚ 10-year bonds on December 31‚ 2007‚ for $730‚000. Interest is payable semiannually on June 30 and December 31. Joseph Company uses the straight-line method to amortize bond premium or discount. Instructions Prepare the journal entries to record the following. The issuance of the bonds. (For multiple debit/credit entries‚ list amounts from largest to smallest eg 10‚ 5‚ 3‚ 2.) The payment of interest and the discount amortization on June 30‚ 2008. (For multiple
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1. Which of the following describes the role pastoral societies played in world history before the Mongol Empire? d) They introduced new political models that reshaped the states of older civilizations. a) They preserved the lifestyle of gathering and hunting societies. c) They created a series of nomadic empires and controlled major trade routes. b) They spread their polytheistic religions to neighboring civilizations. 2. Why did pastoral societies emerge only in the Afro-Eurasian
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In discussion eleven‚ we were instructed to describe a way to fit poetry in a unit. We were told to name the kind of poetry it was and how we would formatively and summatively assess it. I chose to do my writing across the curriculum unit on oceans. I incorporated poetry into one of my lessons. I had students write an acrostic poem. I first modeled the poem using the spelling for fish. I wrote a sentence about fish for each letter of the word. After I model the acrostic poem‚ as independent
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11 Balanced Three-Phase Circuits Assessment Problems AP 11.1 Make a sketch: We know VAN and wish to find VBC . To do this‚ write a KVL equation to find VAB ‚ and use the known phase angle relationship between VAB and VBC to find VBC . VAB = VAN + VNB = VAN − VBN Since VAN ‚ VBN ‚ and VCN form a balanced set‚ and VAN = 240/ − 30◦ V‚ and the phase sequence is positive‚ VBN = |VAN |//VAN − 120◦ = 240/ − 30◦ − 120◦ = 240/ − 150◦ V Then‚ VAB = VAN − VBN = (240/ − 30◦ ) − (240/ − 150◦ ) = 415.46/0◦ V
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Devon Lima-Mitchell 11/8/10 English 201A West Passionate Declarations: “The Ultimate Power” Everywhere you go you see it‚ whether it is children on the playground fighting over who uses the swings next or the evening news blaring from the television about another suicide bombing‚ violence follows us wherever we go. Throughout history violence has been socially accepted. Our ancestors used it to determine weakness and now we are using it again for the same reasons. Today the United States must
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CAPITAL BUDGETING PROBLEMS: CHAPTER 11 Answers to Warm-Up Exercises E11-1. Categorizing a firm’s expenditures Answer: In this case‚ the tuition reimbursement should be categorized as a capital expenditure since the outlay of funds is expected to produce benefits over a period of time greater than 1 year. E11-2. Classification of project costs and cash flows Answer: $3.5 billion already spent—sunk cost (irrelevant) $350 million incremental cash outflow—relevant cash flow $15 million per year cash
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Chapter 11 Bankruptcy Opal Shaw American Public University System Legal Practices for Small Business ENTR615 B002 Fall 14 Dr Tonya Curry November 16‚ 2014 Chapter 11 Bankruptcy is one that is available to small business‚ corporations and partnership. There is no definite limit of debt you must occur before you can file bankruptcy. The main purpose why business files a Chapter 11 is to seek help in restructuring your debt and reorganization. In Chapter 11 the debtors are usually given
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