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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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A c corporation earns $9.50 per share before taxes. the corporate tax rate is 39%, the personal tax rate on dividends is 10%, an

Viktor [21]

The total amount of taxes that the company will pay will be calculated as under -

Total taxes paid = (Taxes on income) + (Taxes on dividends)

Total taxes paid = ($ 9.50 X 39%) + ($ 4 X 10%)

Total taxes paid = $ 3.705 + $ 0.4 = $ 4.105 or $ 4.11

5 0

3 years ago

Bulldog, Inc. has budgeted sales for the first quarter of the next year to be 30 comma 000 units. The inventory on hand at the b

Nadya [2.5K]

Answer:

30,000 units

Explanation:

Budgeted sales is 30,000 units

Beginning inventory = 5000 units

Ending inventory = 5000 units

In order to meet the sales of 30,000 units, the sum of budgeted production and beginning inventory must be at least 30,000 units. However, since the company desires to have 5000 units in ending inventory, this sum must be raised to 35,000 units, which means the production needs to 30,000 units

--> Budgeted production = 30,000 + 5000 - 5000

= 30,000 units

6 0

3 years ago

As a small business owner in today’s economy, what three financial reports would you use on a regular basis? What information wo

nalin [4]

Answer: Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Explanation:

Balance Sheet or the statement of Financial Position is a report that shows the assets that your business owns against your equity and liabilities. This report can help you make asset purchasing decisions or decisions about how to fund the acquisition of new assets.

Profit and Loss Statement: shows a detail of the income your business has earned, the expenses you incurred to earn this income and your profit/loss. This report can help you figure out if your expenses are too high or the prices you charge for your goods/services are too low.

Cash Flow Statement: shows your liquidity position at different points during a financial period. This report is important as it allows you to see periods when you may need an extra inflow of funds to keep your business operational and can help you decide when to apply for bank loans or whether to delay the purchase of some assets.

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3 years ago

If a taxpayer offers you a $20 bill because they were so happy about the quality service they received, what would be the approp

damaskus [11]

In the case of the scenario given above, the most appropriate action to take is to THANK THE TAX PAYER AND EXPLAIN THAT YOU CAN NOT ACCEPT ANY PAYMENT FOR YOUR SERVICES.
The principal mission of VITA/TCE [Volunteer Income Tax Assistant /Tax Counselling for the Elderly] is to assist tax payers in filling tax forms correctly without collecting any money from them. Thus, it is part of the standard of the program that volunteers should never accept any form of payment or solicit for donations in return for the services that they render.

4 0

3 years ago

Read 2 more answers

Alejandro has many business ideas that could satisfy the unfulfilled needs of people who live in his community. However, there a

WITCHER [35]

Answer:

economic and legal

Explanation:

Out of all the options, this option fits the scenario the most and I just took the test.

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2 years ago