FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please asnwer the question ASAP The Tolar Company has 400 obsolete desk calculators that are carried in inventory at a total historic cost of 26,800.

Please asnwer the question ASAP

The Tolar Company has 400 obsolete desk calculators that are carried in inventory at a total historic cost of 26,800. If these calculators are upgraded at a total cost of 10,000, they can be sold for a total of 30,000. As an alternative, the calculators can be sold in their present condition for 11,200. What is the opportunity cost of selling the calculators in their present condition?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Financial Accounting

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

9th Edition

1118334329, 978-1118334324

More Books

Students also viewed these Accounting questions

Question

★★★★★
1. In small groups, discuss Davids entrance at the beginning of the video. How does the rock star quality of the entrance add to or detract from the news he is delivering? 2. What mistakes does David...

Answered: 1 week ago

Question

★★★★★
"Push-down Accounting and the Recording of Both Tangible Assets and Intangible Assets" Imagine you are the chief financial officer (CFO) of a corporation with plans to complete the acquisition of a...

Answered: 1 week ago

Question

★★★★★
What forms of gender discrimination did Laura experience?

Answered: 1 week ago

Question

★★★★★
The financial statements of General Mills, Inc. report net sales of $5,416,000,000. Accounts receivable are $277,300,000 at the beginning of the year and $337,800,000 at the end of the year. Compute...

Answered: 1 week ago

Question

★★★★★
Please asnwer the question ASAP The Tolar Company has 400 obsolete desk calculators that are carried in inventory at a total historic cost of 26,800. If these calculators are upgraded at a total cost...

Answered: 1 week ago

Question

★★★★★
What is the effect of a fiscal expansion on output and interest rates when exchange rates are fixed and capital is perfectly mobile? Show this rigorously, using the model developed in Section 13-5.

Answered: 1 week ago

Question

★★★★★
In what ways is an array constrained, and why do these constraints make the array a problematic structure for dynamic sets?

Answered: 1 week ago

Question

★★★★★
Sliding Boxes 25 mg dreamstime.com INCLINED PLANE mgx 65 10 153364331 Designaa 1. What is the mass of the box on the ramp if the hanging box is 25kg and the system is accelerating at 2.8 m/s down the...

Answered: 1 week ago

Question

★★★★★
You are working as project risk analyst who are responsible for the evaluation of investment proposals in a large multinational company called Exxon Mobile Corporation. One of the company's largest...

Answered: 1 week ago

Question

★★★★★
A technician is working on a Windows 10 workstation that seems to be unstable. They want to ensure that system files have not been altered. Which command should they use to scan and fix corrupted...

Answered: 1 week ago

Question

★★★★★
Investigate a case where a seemingly stable numerical algorithm becomes numerically unstable under certain conditions. Explain why this occurs and propose modifications to improve its stability.

Answered: 1 week ago

Previous Question Next Question