Hi-Tech Inc

question 83

Multiple Choice

Hi-Tech Inc.has several outdated computers that cost a total of $17,800 and could be sold as scrap for $4,600.They could be updated for an additional $2,400 and sold.If Hi-Tech updates the computers and sells them, net income will increase by $9,000.
-At what price were the updated versions sold?

• A)$26,800
• B)$13,200
• C)$13,600
• D)$16,000

Understand the applicability and scope of the Contract Clause in relation to state laws and existing contracts.

Grasp the constitutional perspective on federal restrictions concerning product labels and their infringement on freedoms.

Comprehend the basis of federal legislation’s constitutionality beyond explicitly stated powers in the Constitution.

Recognize the extension of the Fourteenth Amendment's equal protection guarantee to federal government actions through the Fifth Amendment.

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Definitions:

Products and Services

The goods manufactured and the activities offered by businesses to satisfy consumer needs and wants.

Restructuring

The act of reorganizing the legal, ownership, operational, or other structures of a company to make it more profitable or better organized for its present needs.

Core Values

The fundamental beliefs or guiding principles that a person or organization holds as central to their identity and practices.

Basic Beliefs

Fundamental convictions or values that form the foundation of individual or organizational thinking, attitudes, and behaviors.