🏷️ LIMITED TIME OFFER: GET 20% OFF GRADE+ YEARLY SUBSCRIPTION →
Log in
Finance
1
answer
0
watching
622
views

Which of the following is true for tangible costs?

A) They are recurring costs.
B) They are always non-recurring costs.
C) They are relatively easy to quantify.
D) They are the same as intangible benefits.
E) They are always fixed costs.

Watch
1
answer
0
watching
622
views

For unlimited access to Homework Help, a Homework+ subscription is required.

Patrina Schowalter
Patrina SchowalterLv2
12 Mar 2020

Unlock all answers

Get 1 free homework help answer.
Already have an account? Log in
Share

Related questions

Hotels and airline companies often sell their rooms and seats at deep discounts on sites like www.priceline.com and www.hotwire.com. The most discounted seats and rooms are sold 'blindly', i.e., customers don't know which hotel room they are buying or which airline and route they are flying until after they have paid for the room or seat. The prices for these deeply discounted hotel rooms and airline seats are often way below what the company needs to make to cover its costs.

1. Discuss why airline and hotel companies are willing to do this? (Think about the different types of costs as they apply to hotels and airlines when you present your reasoning.)

2. Airlines as well as hotel companies have their own websites where customers can buy seats or rooms. Why do you think they prefer to use priceline or hotwire for these 'deeply discounted' products rather than their own website? (Note: This is not from the text and is really more of a marketing issue. But, it is always interesting to see the interrelatedness of the different branches of business

With a new baby in the family, Ross and Reena want to put their finances in order. They have three main goals in planning their estate:

· If one of them dies, they each want to make it easier for the other to carry on financially. To start, they'd like to have enough money to pay off their mortgage.

· They want to leave their child in good hands, with enough money to meet his needs in case something happens to both of them.

· They want to make it as easy as they can for family members to settle their estate and pay any final costs.

Ross and Reena decide to talk to a financial professional. Together, they agree to do three things:

· First, they each write a legal will. They name Reena's sister to take care of their child if something happens to both of them.

· They each get a $300,000 life insurance policy and name the other spouse as the beneficiary. That way, whoever survives will have enough money to pay off the mortgage and any final costs, such as a funeral. If something happens to both of them, the money will help the sister raise their child.

· They set up a Registered Education Savings Plan for their child's future education. They plan to save just $80 a month to start. They will save more as their incomes go up.

For now, Ross and Reena can rest easy. They know they will have to update their wills from time to time, especially if they have more children. However, they have taken care of all their main concerns.

Describe two (2) estate planning tool that is been utilized by Ross and Reena

Briefly explain three (3) lessons that can be learned from Ross and Reena

Since Ross and Reena are interested in survivorship benefit they could also decide to begin an annuity. Explain two types of annuity that would offer survivorship benefit to Ross and Reena.

1. Based on the corporate tax table below, what is the average tax rate for a firm with $120,000 taxable income? Taxable Income Marginal Tax Rates $0 - 50,000 15% 50,001 - 75,000 25% 75,001 - 100,000 34% 100,001 - 335,000 39% 335,001 - 10,000,000 34% 10,000,001 - 15,000,000 35% 15,000,001 - 18,333,333 38% 18,333,334 + 35%

2. When is it appropriate to include sunk costs in the evaluation of a project?

Include sunk costs if they are considered to be overhead costs

It is never appropriate to include sunk costs

Include sunk costs if they improve the project’s NPV

Include sunk costs when they are relatively large

3. A firm has a piece of land that was unused, but plans to build a new office complex on it in a new capital project. The market value of the land should be considered as a component of project cash flows provided that the land:

has been fully depreciated as the market value a sunk cost.

can be depreciated going forward.

has the same market value as the book value.

has identifiable market value as it is an opportunity cost.

Weekly leaderboard

Home
Homework Help 3,900,000
Finance 370,000
Start filling in the gaps now
Log in