________ costs each year do not reflect cash flow because the actual purchase and installation (outflow of dollars) of the asset have already taken place

A) Depreciation
B) Sunk
C) Opportunity
D) Working Capital


Answer: A

Business

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A coal mine cost $1,009,000 and is estimated to hold 57,000 tons of coal. There is no residual value. During the first year of operations, 12,000 tons are extracted and sold. Calculate depletion per unit. (Round your answer to the nearest cent.)

A) $8.85 B) $4.43 C) $17.70 D) $13.27

Business

Housemate, Inc., makes and sells a variety of household products. With a fair amount of certainty, Housemate's decision makers can predict whether a given business action would be legal in

A. all situations. B. many situations. C. no situations. D. practically no situations.

Business

Maria's home was damaged by an earthquake. As Maria has open-perils coverage on her home, she was surprised to learn that her loss was not covered

Which section of a property insurance policy specifies which perils, property, and types of losses are not covered? A) the declarations B) the exclusions C) the conditions D) the insuring agreement

Business

The law that prohibits either American firms, or American individuals, from bribing foreign officials is The ___________________________________ Act.

Fill in the blank(s) with the appropriate word(s).

Business