Which one of the following is an example of a sunk cost1500, Ask an Expert

Finance

Which one of the following is an example of a sunk cost?

$1,500 of lost sales because an item was out of stock.

$1,200 paid to repair a machine last year.

$20,000 project that must be forfeited if another project is accepted.

$4,500 reduction in current shoe sales if a store commences selling sandals.

$1,800 increase in comic book sales if a store ceases selling puzzles.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92099981

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