emilaw3233
08.10.2019 •
Business
Cole is refinishing an antique china cabinet and has already spent $180 on the restoration. he expects to be able to sell the cabinet for $360. cole discovers that he needs to do an additional $200 worth of work to make the cabinet worth $360 to potential buyers. he could also sell the cabinet now, without completing the additional work, for $100. what should cole do? select one: a. he should sell the cabinet now for $100.b. he should keep the cabinet since it wouldn't be rational to spend $380 restoring a cabinet and then sell it for only $360.c. he should complete the additional work and sell the cabinet for $360.d. it does not matter which action he takes since the outcome will be the same either way.
Solved
Show answers
More tips
- F Food and Cooking 10 Reasons Why You Should Avoid Giving Re-Gifts: An Informative Guide...
- S Sport How to wrap boxing hand wraps? Everything you need to know!...
- A Animals and plants 5 Tips for Taking Care of Yews to Keep Them Green and Beautiful...
- H Health and Medicine How to Calm Your Nerves? Expert Tips That Actually Work...
- O Other What is a Disk Emulsifier and How Does it Work?...
- S Sport How to Pump Your Chest Muscle? Secrets of Training...
- C Computers and Internet How to Get Rid of 3pic Infector: Everything You Need to Know...
- S Style and Beauty How to Grow Hair Faster: Real Methods and Advice...
- C Computers and Internet How to Top Up Your Skype Account Without Losing Money?...
- C Computers and Internet How to Get Rid of Spam in ICQ?...
Answers on questions: Business
- B Business How to produce a document for undertaking productivity needs analysis in a specified organisation by following the four steps of a PNA, 1. Measure the relevant areas, 2. Prioritise...
- B Business Which of the following shows the listed items in their proper order of presentation in a balance sheet? select one: a. intangible assets, plant assets, current assets b. plant assets,...
- B Business Aleader who can solve problems and critically analyze situations has leadership skills....
- B Business Enter text- Apply A text Effect...
- B Business If there is a band to plan for, allow 50 square feet for the drummer. Group of answer choices True False...
- B Business Prepare a three column cash book from de following information 1 January 2012 balance brought forward from last year cash 1000bank 25005January cash banked 8007 January cash sales...
- M Mathematics Which expression is equivalent to 24 + 15? 2(12 + 7) 3(8 + 5) 5(8 + 3) 8(3 + 7)...
- E Engineering Think about a packed lunch and the structures used to hold each item. What types of structure are they?...
- M Mathematics Select the correct answer. Consider the functions graphed below. Which of the following best represents the relationship between functions f and g? g(x) = f(x - 1) g(x) = -f(x) +...
- H Health Reminder. i love u. ok. ur beautiful. ur a king/queen. smooch...
Ответ:
The answer is: C) He should complete the additional work and sell the cabinet for $360.
Explanation:
Cole has already spent $180 in the cabinet and its restoration.
If he sells it now as it is for $100, he will lose $80.
If he finishes restoring the cabinet by investing $200 more, and sells it for $360, he will lose $20.
The best option Cole can take is finishing the cabinet and selling it for $360, so that way he will only lose $20.
Ответ: