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3 years ago

Which of these are fixed expenses?

Business

1 answer:

AysviL [449]3 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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In personal selling, the relationship must continue for a long time, as the salesperson responds to new requests for information

Ierofanga [76]

Answer:

Presentation

Explanation:

There are six steps in making a successful sale. The first step is prospecting and Qualifying and the last one is following up on the sale.

Personal selling is the sale in which the seller makes a face to face presentation to the customer. Sales jobs range from the salespeople at the clothing stores to the engineers with MBA's who design complex systems for the manufacturers. The importance of personal selling is that it provides a detailed explanation of the product and the sales message can be varied as per the interests of the prospective customer. The size of the personal sales force can be varied as per the needs. In the above question, the salesperson responds to new requests of the customer, which is an important part of personal selling.

4 0

4 years ago

The herfindahl index suppose that three firms make up the entire wig manufacturing industry. one has a 50% market share, and the

lapo4ka [179]

Part A:

Given that three firms make up the entire wig manufacturing industry. One has a 50% market share, and the other two have a 25% market share each. The Herfindahl index of this industry is given by:

The Herfindahl-Hirschman index (HHI) is a commonly accepted measure of market concentration. It is calculated by squaring the market share of each firm competing in a market, and then summing the resulting numbers, and can range from close to zero to 10,000.

Therefore, the Herfindahl-Hirschman Index is given by:

$HHI=50^2+25^2+25^2=2500+625+625=3750$

Part B:

Mane attraction, one of the firms with a 25% market share in the wig manufacturing industry, leaves the market. This would cause the herfindahl index for the industry to increase.

The HHI increases as firms leaves the market. As firms leaves the market the shares of the market previously held by the leaving firms are shared amongst the remaining firms in the market thereby increasing the HHI.

For instance, assumint the firm with 50% of market share acquired additional 10% of the leaving firm's market share and the other firm with 25% acquired the remaining 15%.

The new HHI is given by:

 $HHI=60^2+40^2=3600+1600+625=5200$ 

Part C:

The largest possible value of the herfindahl index is 10,000 because: an index of 10,000 corresponds to a monopoly firm with 100% market share.

7 0

3 years ago

In December 2008, Hawaiian Telecom took action to strengthen its balance sheet by reducing debt. Although the company continued

Liono4ka [1.6K]

Answer:

1. Reorganization

Explanation:

The reorganization is the position where the firm wants to restructure its business so that the company could able to improve its profitability by making good decisions, proper working in the organization, resource utilization, etc

While at the same time the liquidation is the winding up of the company or shut down of the company due to high losses suffered in the business

Therefore in the given case, since the Hawaiian telecom took an action for better off the balancing sheet by decreasing debt that represents the reorganization example

4 0

3 years ago

Machinery purchased for $150,000 by Tom Brady Co. in 2010 was originally estimated to have a life of 12 years with a salvage val

Phoenix [80]

Answer:

$7,312.50

Explanation:

The computation of the depreciation expense for 2017 is shown below:

Book Value is

= Cost - Accumulated Depreciation

= $150,000 - {[($150,000 - $24,000) ÷ 12 ] × 7y}

= $150,000 - [($126,000 ÷ 12 ) × 7]

= $150,000 - ($10,500 × 7)

= $150,000 - $73,500

= $76,500

Now the depreciation expense for 2017 :

= ($76,500 - $18,000) ÷ (15 - 7) years

= $58,500 ÷ 8 years

= $7,312.50

5 0

3 years ago

Units sold 1,200 Price $ 10 Sales $ 12,000 Variable manufacturing costs 4,800 Fixed manufacturing costs 2,400 Variable selling c

Ksenya-84 [330]

Answer:

Margin of safety is 480 units

Margin of safety ratio is 40%

Explanation:

The Margin of Safety is the difference between sales and Breakeven sales in terms of Dollar or Volume.

First, we need to calculate the following values

Fixed cost = Fixed manufacturing costs + Fixed administrative costs = $2,400 + 12,00 = $3,600

Variable cost = ( Variable manufacturing costs + Variable selling costs ) / Units sold = ( $4,800 + $1,200 ) / 1,200 units = $5

Contribution per unit = Selling price - Variable cost = ) = $10 - $5 = $5

Breakeven sales = Fixed cost / Constribution = $3,600 / $5 = 720 units

To calculate the Margin of Safety, use the following formula

Margin of Safety = Sale - Breakeven sale = 1,200 units - 720 units = 480 units

Margin of safety ratio = Margin of safety / Sales = 480 units / 1,200 units = 0.40 = 40%

8 0

3 years ago