Below Are Some Financial Data for the Do Drop in Convenience

question 59

Multiple Choice

Below are some financial data for the Do Drop In convenience store.
The owners have put $40,000 into the business and they worked a total of 80 hours during the week.Savings accounts are currently paying 5.2% interest and the going wage rate is $8 per hour.
-What are sunk costs?

• A)Costs that are implicit and are not actually paid out in money.
• B)The historical costs of buying machinery and equipment which have no current resale value.
• C)The annual cost of wear and tear on machinery and equipment.
• D)Costs that are actually paid out in money.

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Definitions:

Frequency Source

A device or system component that generates an electrical signal of a specific frequency.

Voltage Rating

A rating that indicates the amount of voltage that can be safely connected to a device.

Quality

The degree to which a product, service, or process meets predetermined criteria or standards, often relating to effectiveness, reliability, and satisfaction.

Capacitive Reactance

The opposition that a capacitor offers to alternating current, depending on the frequency of the current and the capacitor's value, measured in ohms.