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1 year ago

Interest payable, income tax payable and salary payable are all examples of _______.

1 answer:

wel1 year ago

8 0

Those are all examples of liabilities. To be more specific, they are current liabilities. Interest payable, income tax payable, and salary payable are obligations that must be paid of within one operational cycle, thus they are just current liabilities.

Current liabilities are debts that must be paid off within a year or one operational cycle, whichever comes first. They can also be paid off using current assets or generate new current liabilities.

Analysts, accountants, and investors assess a firm's payables to determine how effectively it can fulfill its short-term financial obligations thus, the firm basically needs to generate sufficient profits and money in the immediate term to meet its debt commitments.

Learn how to define liability and differentiate between a current liability and a long-term liability: brainly.com/question/28391469

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A company that manufactures bicycles has a fixed cost of $90000. It costs $100 to produce each bicycle. The total cost for the

Paul [167]

Solution:

The total cost for the company is the sum of its fixed cost and variable costs.

Corporate expenditures that do not depend on the amount of goods or services provided by the company are fixed costs.

Variable costs are expenses that change when changes occur in the sum of the good or service produced by a company.

C(x) = 90000 + 100x

C(110) = 90000 + 100 ( 110 )

C(110) = 90,000 + 11, 000 = 101,000

It costs $101,000 to produce 110 bicycles.

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2 years ago

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MAVERICK [17]

Answer:

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2 years ago

Describe the relationship among TFC , TVC and TC with the help of cost schedule and diagram.

dangina [55]

Answer:This is explained as follows: TC – TVC = TFC. The TFC curve is parallel to the horizontal axis while the TVC curve is inverted-S shaped. Thus, the TC curve is the same shape as TVC but begins from the point of TFC rather than the origin.Since the TFC curve is horizontal, the difference between the TC and TVC curve is the same at each level of output and equals TFC. This is explained as follows: TC – TVC = TFC. The TFC curve is parallel to the horizontal axis while the TVC curve is inverted-S shaped.

Explanation: Sorry I can't give you the diagram 

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2 years ago

U.S. Exports are _____ produced in _____ and sold in _____.

WARRIOR [948]

Answer:

D. goods but not services; any other country; the United States

Let me know if I was wrong

Click the Thanks button if I was right.

<Jayla>

7 0

2 years ago

Suppose a monopoly can separate its customers into two groups. If the monopoly practices price discrimination, it will charge th

max2010maxim [7]

Answer:

the higher price elasticity of demand

Explanation:

A monopoly is when there is only one firm operating in an industry.

Price discrimination is when a producer sells the same good for different prices in different markets.

Elasticity of demand measures the responsiveness of quantity demanded to changes in price.

Demand is elastic when a change in price has greater effect on the quantity demanded.

A monopoly would charge the lower price for customers with a higher elasticity of demand because if price is high consumers would reduce the quantity demanded and the revenue of the monopoly firm would fall.

I hope my answer helps you.

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3 years ago

Read 2 more answers