User Account

All Pages

Determine whether the company should sell sailboat hulls

Assignment Help Business Law and Ethics
Reference no: EM131105288

Instructions: Complete the following assigned problem.

Great Lakes Boat Company manufactures sailboat hulls at a cost of $4,200 per unit. The hulls are sold  to boat- yards for $5,000. The company is evaluating the desirability of adding masts, sails, and rigging to the hulls prior to sale at an additional cost of $1,500. The completed sailboats could then be sold for $6,000 each.

Required

Determine whether the company should sell sailboat hulls or process them further into complete sailboats. Assume sales volume will not be affected.

Reference no: EM131105288

Questions Cloud

What was your net income for last year : You spent 50,000 on machinery, depreciation cost of 14,000, rent 25,000, wages 40,000 and other costs related to making the garments as 30,500. What was your net income for last year?
What are some reasons why these items are not recorded : What are some reasons why these items are not recorded in the balance sheet?
Current market exchange rate : Suppose that the pound is pegged to gold at £20 per ounce and the dollar is pegged to gold at $35 per ounce. This implies an exchange rate of $1.75 per pound.
The gulf coast oil : QUESTIONS 1. Are there any aspects of BP's ethical culture that could have contributed to the Gulf Coast oil spill disaster?2. Do you think BP is the victim of an unfortunate accident, or did the company fail in the management of potential risk?
Determine whether the company should sell sailboat hulls : Great Lakes Boat Company manufactures sailboat hulls at a cost of $4,200 per unit. The hulls are sold  to boat- yards for $5,000. The company is evaluating the desirability of adding masts, sails, and rigging to the hulls prior to sale at an addit..
Derive the design equations for r1 and r2 for each circuit : derive the design equations for R1 and R2 for each circuit. If Z0 = 50 Ω, compute R1 and R2 for 3, 10, and 20 dB attenuators of each type.
What are the major limitations of the balance sheet : What are the major limitations of the balance sheet as a source of information?
Call option on the stock : An investor buys a stock at the beginning of the year for $50. At the end of the year, the stock is trading for $40. The investor sells then stock, takes a tax write off of $10 per share, and immediately buys a call option on the stock. This inves..
Compute the expected length of the interval : Compute the expected length of the interval from (a) exactly (simplify). How does the average length compare (=, ) to that of the usual 50% confidence interval, (¯y - z0.75/√2, y¯+ z0.75/√2), where z0.75 ≈ 0.67 is the 0.75 Normal quantile

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..

  Business ethics & legal issues caselet

This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.

  Business value and ethics

Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd