1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sveta_85 [38]
3 years ago
8

A restaurant is busy in the summer months but fairly slow in the winter months and has trouble earning enough revenue to pay the

​ rent, utilities, and management salaries to cover the operation. these expenses are known as which type of​ costs?
Business
1 answer:
xz_007 [3.2K]3 years ago
8 0
That type of expenses or costs are called Operating expense or more commonly knwon as OPEX. This is an ongoing flow of cost for running a business or a  system. In those expenses we can include rents, utilities, and management salaries. Basically stated, <span> this is the </span>money<span> the restaurant spends in order to turn </span>inventory<span> into performance</span>
You might be interested in
Economic growth refers to a steady increase in the production of goods and services in an economic system.
MatroZZZ [7]

Answer:

<em>Economic growth refers to a steady increase in the production of goods and services in an economic system.</em><em> </em><em><u>True</u></em>

3 0
2 years ago
Information and communication technologies are developing at a very fast rate. How have these technologies affected globalizatio
Radda [10]

Answer:

bokunopico yesyedyee

5 0
3 years ago
The curve that shows the relationship between the sales price and quantity sold is called the:__________
Vinvika [58]

The curve that shows the relationship between the sales price and quantity sold is called the: demand curve.

The call for a  demand curve is a graphical representation of the relationship between the price of an excellent or carrier and the quantity demanded for a given time frame. In a standard representation, the rate will seem on the left vertical axis, the amount demanded on the horizontal axis.

A demand curve is a graph that shows the amount demanded at every rate. every now and then the demand curve is likewise referred to as a demanding agenda because it is a graphical illustration of the call for schedules.

The demand curve can be a critical device to apply while corporations make pricing decisions. this is because the call for a curve can show the price point where the purchaser responsiveness drops, as well as the fee point that elicits the very best demand.

Learn more about the demand curve here:

brainly.com/question/16790743

#SPJ4

5 0
1 year ago
During February, $186,500 was paid to creditors on account, and purchases on account were $201,400. Assuming the February 28 bal
Kobotan [32]

Answer:

Accounts payable (opening) = $ 45000.

Account rec during year = $464570

Cash payment during year = $351570.

Explanation:

As we know that:

 Account payable (open) + Purchases - Accounts payable(end) = Paid cash

 Accounts payable (open) + 201400-59900= 186500

Accounts payable (open)= 186500+59900-201400

                                       = $45000.

As we know that:

Account receivables (open) + A/c receivable during year - A/c receivable (end)=Cash collected.

   A/c receiable during period= 449600-115800+130770

                                       = $464570.

As we know that:

Cash (open) + Cash collected - Cash (end)= Cash payment during period.

46200+248600 - 56770 = Cash payments during year.

Cash payment during year = $351570.

4 0
3 years ago
Nolan Company's cash account shows a $22,064 debit balance and its bank statement shows $22,531 on deposit at the close of busin
Bezzdna [24]

Answer:

Nolan Company

Bank Reconciliation

June 30

                                                                                                     $

Balance per cash book                                                            22,064

Less: Bank Service charges                                                    (       24)

Add: Error in  recording payment ( $ 59- $ 50)                                9

Add: Interest earned                                                               <u>         27</u>

Adjusted balance per cash book                                           <u> 22,076</u>

Balance per bank statement                                                    22,531

Less: Outstanding checks                                                       (  2,655)

Add; Deposits in Transit                                                           <u>   2,200</u>

Adjusted balance per bank statement                                     <u>22,076</u>      

     

Explanation:

The bank service charges and the interest earned appear on the bank statement and has to be adjusted in the cash book balance. The errors found in recording the payment at $ 59 instead of  $ 50 results in an overpayment and the correction needs to be added to the cash book balance

the outstanding checks has not yet been cleared by the bank so there is a reduction on the bank statement balance. The deposits in transit has not been received by the bank so needs to be adjusted as an addition on the bank statement balance.

3 0
3 years ago
Other questions:
  • Initially, Rhett believed he should maintain his production facilities within the United States and simply export his designer e
    5·1 answer
  • For national security reasons a government decides that all of its base metal industry should not be located in the same geograp
    15·1 answer
  • Caruso Company's SUTA rate for next year is 2.9% because its reserve ratio falls in its state's 8% to less than 10% category [(c
    13·1 answer
  • The amount of income that would result from an alternative use of cash is called:_______.
    12·1 answer
  • What two things do you consider when evaluating the time value of money? (13 points)
    9·1 answer
  • All else equal, the price elasticity of demand for a good tends to be lower: A. if the good represents a large share of a consum
    10·1 answer
  • TB MC Qu. 10-144 (Algo) Doogan Corporation makes a product ... Doogan Corporation makes a product with the following standard co
    6·1 answer
  • How much would you need to deposit in an account now in order to have $3000 in the account in 15 years
    11·1 answer
  • Net loss can be thought of as a __________ to the Capital account.<br><br> Debit<br> Credit
    7·1 answer
  • Researchers are always interested in the relationships between or among variables. When two variables are
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!