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2 years ago

Which of these are fixed expenses?

Business

1 answer:

AysviL [449]2 years ago

3 0

Answer:

car insurance, rent, student loan payments

Explanation:

Fixed expenses or fixed costs remain constant throughout a financial period. In the year under consideration, fixed expenses will have the same figures regardless of the production level. Fixed costs contrast variable costs, which vary depending on the level of business activities.

From the list provided, car insurance, rent, student loan payments will likely remain the same in the financial period. The other expenses, such as pet needs, entertainment, public transportation costs, and gifts, are bound to be determined by production volumes.

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The income statement of Pharoah Company is shown below.

Alexus [3.1K]

Answer and Explanation:

The preparation of the operating activities section of the statement of cash flows for the year ended December 31, 2020 is presented below;

Cash flow from operating activities

Net income $1,580,000

Add: depreciation expense $58,970

Add: decrease in account receivable $313,770

Less: Increase in prepaid expense -$167,640

Less: Decrease in account payable -$279,000

Less: decrease in accrued expense payable -$124,020

Add: Decrease in inventory $380,000 ($1,880,000 - $1,500,000)

Cash flow provided by operating activities $1,762,080

8 0

2 years ago

Acquired $60,000 cash from the issue of common stock. Received an $8,200 cash advance for services to be provided in the future.

emmainna [20.7K]

Answer:

TRIAL BALANCE:

Debit Credit

Cash 79600

AR 7500

Supplies 400

slaries expense 3100

op- expense 16100

supplies expense 1600

dividends 2000

Account Payable 3000

saalaries expense 3100

Unearned Revenue 5100

Common Stock 60000

Service revenue 39100

110300 110300

Explanation:

We have to record eahc time an accoutn is used and once we got all transactions we determiante the balance

Cash

Debit Credit

60000

8200

28500

15100

2000

96700 17100

79600

Debit Credit

36000

28500

7500

Supplies

Debit Credit

2000

1600

400

salaries expense op- expense supplies expense

Debit Credit Debit Credit Debit Credit

3100 16100 1600

Account Payable

Debit Credit

2000

16100

15100

15100 18100

3000

Salaries Payable

Debit Credit

3100

Unearned Revenue

Debit Credit

8200

3100

5100

Common Stock

Debit Credit

60000

Service revenue

Debit Credit

36000

3100

39100

Then we construct the trial balance which all these account balance.

5 0

2 years ago

Melba receives most of her income from wages from her job as a high school teacher. She also receives supplemental income from f

kiruha [24]

Send a notarised letter to her employer requesting that they withhold additional amounts from her pay each month.

Option C

Explanation:

A certificate approved by a notary public is a notarised text. The notary public is a public officer who confirms the identity of everyone who signs the document, observes the signatures and seals the document.

If at the flat rate or the low marital rate they withhold.

Many deductions are claimed: any gain they claim decreases the amount deducted. In the case of a further refund: you will petition for a further amount of each paycheck that is withheld.

5 0

2 years ago

The top management of Tasty Foods, a food distribution company, has set strategic goals of increasing organizational market shar

nikdorinn [45]

Answer:

The correct answer would be, Greg's next step is to roll out his Tactical Goals to his staff.

Explanation:

Greg is the division manager for Tasty Foods. His management set a goal of increasing market share and decreasing the corporate cost over the period of next three years. To cope up with this goal, Greg has to work on this from now onward. So he decides how his division can contribute to the fulfillment of these management goals. He looking into his resources and planned two possible options. One is to partnering with another company and the other is to hire a procurement manager to negotiate lower prices from vendors. Now as he has formulated these goals, which are tactical in nature, the next step is to roll out these tactical goals to hi staff. Tactical goals are the goals that are set quickly in response to the conditions or situations as they occur in the real world.

6 0

2 years ago

All functions and departments in the enterprise have tasks that they need to complete to produce outputs or ________ in order to

VMariaS [17]

Answer: 1. Deliverables

2. Objectives

Explanation: A deliverable is a project management term that describes tangible or intangible goods or services that are produced from the project, with the intention of being delivered to a consumer.

An objective in this context is a goal that an enterprise aspires towards achieving.

In every enterprise each section is tasked with producing outputs within each department, and deliver to customers. The intention is to of achieve the overall objectives set by the enterprise. Functions are designed to operate cohesively, with the aim of achieving these 2 aspects and ensuring that the enterprise runs smoothly and generates the best possible outcome.

7 0

2 years ago