What is the sunk cost

Assignment Help Accounting Basics
Reference no: EM131581693

Question: Suppose that you are halfway through a particular course and you decide that you are not learning anything useful and the rest of the course is not worth your effort (obviously we are not describing this course!). It is too late to drop the course and sign up for another one. Is this an example of a sunk cost? How does economics suggest that you decide whether to complete the course?

Reference no: EM131581693

Questions Cloud

Why did google make this move : Why did Google make this move? What do they hope to accomplish - Apply as many TCOs as you can to Google's attempt to buy into wireless.
Describe the documentation of the conclusions : List the different types of procedures used, and describe the documentation of the conclusions reached as a result of performing substantive procedures.
Operate a perfectly competitive business : "Why would anyone run a business if he couldn't make a profit?" This is a frequent response to economists' idea that all firms in a particular market make zero.
Compare the constitutions with the american constitution : Compare the Constitutions with the American Constitution. While comparing Constitutions, do focus on the rights of an individual and on the whole society.
What is the sunk cost : Suppose that you are halfway through a particular course and you decide that you are not learning anything useful and the rest of the course is not worth.
Describe what is meant by abc analysis : Describe what is meant by ABC analysis. What is the purpose of this inventory technique - provide an example. In your responses to other students
How much should stock price change in dollars and percentage : How much should the stock price change (in dollars and percentage)?
What is the market interest rate : Review the questions below and use the data provided in the question to solve the calculation. What is the market interest rate on XYZ's debt
Why did you choose this theory over the others : What concepts of the theory make it the most appropriate for the client in the case study? Why did you choose this theory over the others?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Crumple car rentals is planning to expand into the western

crumple car rentals is planning to expand into the western part of the u.s. and needs to acquire approximately 400

  What is the equivalent annual annuity for each plane

What is the equivalent annual annuity for each plane? Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Round your answers to two decimal places.

  What were the total cost and book value of property

Using the notes to find financial statements, what method or methods of depreciation are used by Apple for financial reporting purposes

  Importance of making short term-long term financial decision

Discuss the importance of making short term and long term financial decisions. Which is more important for the firms?

  Aloha corporation issues 11000 shares of its common stock

aloha corporation issues 11000 shares of its common stock for 111100 cash on february 20.1. assume the stock has

  Explain advantage of centralized system of maintaining store

ACCT 219- Explain the advantages of centralized system of maintaining stores. Explain the assumptions behind the determination of Economic Order Quantity (EOQ). The following information is given for material Y-20.

  Show how the results of this transaction would be reported

Barton Chocolates used a promissory note to borrow $ 1,000,000 on July 1, 2015, at an annual interest rate of 6 percent. The note is to be repaid in yearly installments of $ 200,000, plus accrued interest, on June 30 of every year until the note is p..

  What is the accounts receivable turnover

Based on the following data for the current year, what is the accounts receivable turnover? Net sales on account during year $500,000 Cost of merchandise sold during year 300,000 Accounts receivable, beginning of year 45,000 Accounts receivable, e..

  Number of business books

Your plan information should address all areas covered in this course for a marketing plan. The library's page on Company Research can help you get started. The library database Gale Virtual Reference Library has a number of Business books to help..

  The accountant counted everything that was in the warehouse

aber limited is trying to determine the value of its ending inventory as of february 28 2014 the companys year-end. the

  Net income to increase-decrease

At the end of the year, overhead applied was $35,000,000. Actual overhead was $34,200,000. Closing over/under applied overhead into cost of goods sold would cause net income to increase/decrease by?

  On january 2 todd company acquired 40 of the outstanding

on january 2 todd company acquired 40 of the outstanding stockof mcguire company for 205000. for the year

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!

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