Answer:
<em>(A) Unit variable costs fluctuate and unit fixed costs remain constant.</em>
Explanation:
The <em>fixed costs</em> are the costs which have to be incurred always, irrespective of what the output produced is by the firm. For instance, a firm always has to charge depreciation on its fixed assets, pay salary to the premises staff and pay fixed salary to the managers for managing etc, irrespective of whatever output it produces.
<em>Variable costs</em> are the costs which vary with the level of output produced activity. For example, if more output is produced more will be the raw material payments, more will be the manufacturing related other expenses and more will be the wages paid to the labour etc and vice-versa.
Hence, thereby the per <em>unit variable costs fluctuate and unit fixed costs remain constant.</em>
Answer:
the firm's ROE is 20%
Explanation:
The tax burden is 0.9
The interest burden is 0.6
The return on sales margin is 13%
The turnover ratio is 2.62
The leverage ratio is 1.1
Calculate the ROE
ROE = 0.9 * 0.6 * 0.13 * 2.62 * 1.1
=0.2 or 20%
Because the additional output is produced with an increasing input in the production signals an example of <u>diminishing returns</u> to specialization.
<h3>What is a
diminishing returns?</h3>
A diminishing returns to specialization is known to occurs if more units of resources are required to produce each additional unit.
In conclusion, the additional output which is produced with an increasing input in the production is an example of <u>diminishing returns</u> to specialization.
Read more about diminishing returns
<em>brainly.com/question/14966527</em>
Answer:
Debit Cash Account $12,000
Credit Unearned Revenues Account $12,000
Being advance payment for marketing research services by Anderson
Explanation:
Revenue received before it is earned are reported as liability until it is earned, this is consistent with accrual basis of accounting. when payment for service not yet performed or goods not yet delivered is received, such a payment must not recognized in the period of payment but in the period when that service is preformed or when the goods are delivered.
The treatment for advance payment of income is a debit to cash or bank and a credit to unearned revenues account or income received in advance account.
Answer: $252
Explanation:
GDP is calculated by summing up the value of final goods and services in a country within a period. This means that intermediate values are not included and this is done to avoid double counting.
The GDP contribution here therefore will be the value of the meals created;
= 50 * 5.04
= $252