A company is expanding and has already signed a lease on new office space that costs 10,000 per
month. The company also needs a new information system and hired a consultant to recommend
new software.
The consultant was paid 5,000 for her recommendation. Now the company is trying
to make a choice between three competing software products. In the capital budgeting decision to
purchase new software, the monthly rent for the office space is ________ and the consultant's fee is
________.
A) a sunk cost; a sunk cost
B) a sunk cost; a part of the initial outlay
C) an opportunity cost; a sunk cost
D) incremental cash outflow; an opportunity cost
Question 2
Wall Street Week is a weekly publication of the editors of The Wall Street Journal.
Indicate whether the statement is true or false
Territorial reef fish compete intensely for space.
Part of the Hubble Ultra-Deep Field image showing a typical section of space containing galaxies int
Martin Van Buren, sitting uncomfortably for this engraving, would eventually ascend to the presidenc
Regular staff meetings increase the efficiency of the medical office staff.
Injectable Drugs Commonly Stocked in the Medical Office
Expanding, simplifying, and factoring quadradtics