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No Variable costs occurs in the short run.
The average fixed cost of the production remains same till the output is produced and as the output increases or becomes to rise slowly.
It cannot alter the variable costs but can manage the total cost and variable cost by managing the marginal cost rest remaining the same.
The total expenses consist of the variable and marginal cost and fixed costs which are both short term and long term investments.
It cannot alter any other cost except these cost because they are attached with cost of production.
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Answer:
$47.747.44
Explanation:
After 14 years, the salary will be equivalent to the future value of $28,500 at 3.5% compound interest.
The formula for calculating compound interest is as follows.
FV = PV × (1+r)n
where FV = Future Value
PV = Present Value... 28,500
r = annual interest rate.... 3.5%
n = number of periods...15
Fv = $28,500 x ( 1+ 3.5/100)15
Fv = $28,500 x ( 1+0.035)15
Fv =$28,500 x 1. 67534883
Fv =$47.747.44
In a case whereby a firm goes bankrupt, shareholders cannot recover their risk capital.
This is because they have loose alot in the investment.
<h3>What is Bankruptcy?</h3>
Bankruptcy can be explained as legal process in which an organization that cannot repay debts to creditors may seek relief debts.
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Answer:
<u>1.</u> Quality, Inventories, and Processes.
Explanation:
