A cost that differs from one month to another is known as a sunk cost.

Answer the following statement true (T) or false (F)


False

Business

You might also like to view...

Adding together the ending merchandise inventory and cost of goods sold gives the amount of goods available for sale

Indicate whether the statement is true or false

Business

Identify the "Four Ps" of marketing.

What will be an ideal response?

Business

Fred Frick and Fay Frack own houses next to each other and share a mutual driveway. Unfortunately, they hate each other. Fred leaves a garbage can on his side of the driveway, blocking Fay from getting in

Fay leaves her car parked on the driveway for long periods of time, blocking Fred from getting out. Which of the following is TRUE? A) Fred has the right to deal with his side of the driveway as he pleases, since he owns it. B) Fay has the right to park on her side of the driveway, since she owns it. C) Fred and Fay have only a right of way, not an easement, so neither has a right to complain. D) Neither Fred nor Fay has the right to interfere with the other's use of the driveway. E) both A and B

Business

Higher the debt ratio, more the financial leverage a firm has and thus, the greater will be its risk and return

Indicate whether the statement is true or false

Business