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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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Suppose that this year's money supply is $500 billion, nominal GDP is $10 trillion, and real GDP is $5 trillion. The price level

MakcuM [25]

Answer:

Please see attachment

Explanation:

Please see attachment

4 0

3 years ago

A machine with a cost of $144,000, accumulated depreciation of $92,000, and current year depreciation expense of $20,500 is sold

Ghella [55]

Answer:

$45,600

Explanation:

Only cash entries are reported into the cash flow report.

Thus we only report $45,600 cash into “Sale of assets” of investing activities.

7 0

3 years ago

Here are the supply and demand equations for throstles, where p is the price in dollars: D(p) = 40 − p S(p) = 10 + p 1. Draw the

Mars2501 [29]

Answer:

1. p*=15 ; q*=25

2. Only 20 units are supplied at p=10

3. The ration coupon will cost 10

Explanation:

Considering the following formulas given by the exercise:

D=40-p

S= 10+p

1) Equilibrium price from graph = 15

Equilibrium quantity from graph = 25

2) From the graph only 20 units are demanded at 20 while at p=20 supply is 30. Only 20 units are supplied at p=10

3) The ration coupon will cost 20-10 = 10

8 0

3 years ago

Which of the following statements about personal selling is correct?

enyata [817]

Answer: Option a

Explanation: In simple words, it refers to the traditional method of selling under which the organisation hires sum people to directly interact with the customers and persuade them to buy the product. These sales personnel uses their specialized knowledge, appearance and attitude to manipulate customers.

In such a method, the individual is the only entity from which the potential customer interacts and are responsible for the services that are needed to be performed after the order is made.

Hence the correct option is A.

4 0

3 years ago

On June 1, 2021, Royal Property Management entered into a one-year contract to oversee leasing and maintenance for an apartment

bekas [8.4K]

Answer:

$9,041

Explanation:

The computation of the total amount of revenue Royal should recognize on contracts in November of 2021 is shown below:-

Revenue to be recognized for 4 months = $62,000 × 4 ÷ 12

= $20,667

Total Fees = $62,000 + ($62,000 x 15%)

= $71,300

Revenue recognized at the end of November

= $71,300 × 5 ÷ 12

= $29,708

Revenue recognized in November of 2021

= Revenue recognized at the end of November - Revenue to be recognized for 4 months

= $29,708 - $20,667

= $9,041

7 0

3 years ago