2 years ago

In a flexible budget, when the activity declines, the total variable cost also declines.

1 answer:

4 0

That statement is false.
Variable cost is the type of cost that incurred everytime a product is being produced. In flexible budget, the total budget will be adjusted to the amount of changes in volume or activity, which make the variable cost pretty much the same even though the activity is declined

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Net working capital:

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D. can create either a cash inflow or a cash outflow at time zero of a project.

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Alfred has set up a company. On day 1 he bought inventory, paying 6,000.0 on credit, due for payment on day 10. On day 2 he make

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<h3>How to solve for the working capital</h3>

The formula for the working capital = current assets - current liabilities

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This is because, by the 10th day, he is supposed to have paid account payable.

The working capital would be = $12500 -0

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