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2 years ago

Ed bostrom wants to reduce his fixed expenses. which action would be appropriate? group of answer choices

Business

1 answer:

vodomira [7]2 years ago

7 0

Ed Bostrom wants to reduce the fixed expenses he has to find a place to live with a lower rent

An expense is an item that generally requires an outflow of money or some form of property to another person or group in payment for an item, service, or another category of expense. For tenants, rent is an expense. For students and parents, teaching is a cost. Buying groceries, clothes, furniture, or a car is often referred to as an expense.

Expenses are expenses that are usually "paid" or "remitted" in exchange for something of value. What looks tall is "high". Anything that looks cheap is "cheap". "Dinner Expenses" means expenses such as meals, snacks, and feasts.

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kenny is considering creating a testamentary trust. which of the following is not a feature of a testamentary trust? a.creation

bonufazy [111]

A testamentary trust could be established to oversee the charitable asset distribution in accordance with the decedent's desires.

A Testamentary Trust: What Is It?

A trust that is created in line with the directions in a last will and testament is known as a testamentary trust. A trust is a fiduciary arrangement that enables a trustee—a third party—to manage resources on behalf of the trust's beneficiaries.

A person's instructions for creating a testamentary trust may be included in their will, allowing the trustee to disperse their assets to the designated beneficiaries. A testamentary trust, however, is not established until the person has gone away. Additionally, a testamentary trust may appear more than once in a will.

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2 years ago

The price of popcorn is $0.50 per box and the price of peanuts is $0.25 per bag, and eddie has $10 to spend on both goods. the m

marysya [2.9K]

If peanuts cost .25 per bag, you would divide $10 by .25 to determine how many bags you are able to buy.

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3 years ago

Corey has been looking at several alternative locations for his new facility and performs a cost-benefit analysis in order to de

ale4655 [162]

The decision making should Corey focus on is the Economic feasibility. It is a study that shows the proposed project's total benefit. It will determine if the business will be feasible in terms of the following:

1. technical
2. cost
3. profit.

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4 years ago

Retained earnings at the end of the period is equal to:

blsea [12.9K]

Answer:

retained earnings at the beginning of the period plus net income minus dividends.

Explanation:

As we know that

The ending balance of retained earning = Beginning balance of retained earnings + net income earned - cash dividend paid

While calculating the ending balance, we added the net income and deduct the cash dividend paid to the beginning balance of retained earning account so that the ending retained earnings balance could come

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4 years ago

Which of the following is a characteristic of a monopolistically competitive market? I. There are many sellers. II. Firms sell s

Olegator [25]

Option 3. The characteristic of a monopolistically competitive market is

II. Firms sell slightly differentiated products.
III. Each firm faces a downward-sloping demand curve.

<h3>What is the monopolistically competitive market?</h3>

When a large number of businesses provide rival goods or services that are comparable but imperfect alternatives, monopolistic competition exists. In a monopolistic competitive industry, entry barriers are low, and actions made by one firm do not necessarily have an impact on other firms.

A market is said to be monopolistic if just one business is allowed to sell goods and services to the general public.

In monopolistic competition, a business disregards the effect of its own pricing on the prices of other businesses and accepts the prices charged by its rivals as given.

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1 year ago