Discussion 15031

School: Thompson Rivers University - Course: BUSN 5041 - Subject: Accounting

There are indeed lost opportunities when selling the old warehouse.The revenue lost by renting parking spaces to other businesses is one opportunity cost. Another is the absence of a backup warehouse in the event that business development exceeds expectations. Depreciation costs may be regarded as fixed costs. However, if the business sells the warehouse, it won't have to continue to report the depreciation expense, which will boost profits. Despite this, it shouldn't be taken into account because it was incurred in a prior quarter and is a sunk cost.

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