Blue Manufacturing Company is trying to decide whether to trade in equipment used in its manufacturing process for a newer model
The new equipment will save money because it will be more efficient to use. Indicate if the following items are relevant or irrelevant to this decision.
Item Relevant or Irrelevant
The price of the new equipment
The price paid for the old equipment
The trade in value of the old equipment
The repair costs that will be incurred if the old equipment is kept
The expected cost savings of the new equipment
The costs that have been incurred on the old equipment
What will be an ideal response
Item Relevant or Irrelevant
The price of the new equipment Relevant
The price paid for the old equipment Irrelevant
The trade in value of the old equipment Relevant
The repair costs that will be incurred if the old equipment is kept Relevant
The expected cost savings of the new equipment Relevant
The costs that have been incurred on the old equipment Irrelevant
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Products that have been started but have not yet been completed are recorded in
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A Z value of 0.72 corresponds to ______.
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Seller contracted to sell lumber to the buyer. The contract was a shipment contract and the
goods were to be shipped by common carrier. The lumber was destroyed by fire before the common carrier delivered the lumber to the buyer. Which of the following statements best describes this situation? A) The risk of loss remains on the seller until a document of title is delivered to the buyer. B) The risk of loss passed to the buyer when the goods were delivered to the common carrier. C) The risk of loss has not yet passed to the buyer and remains on the seller until the goods are delivered. D) The risk of loss passed to the buyer when the contract was made.