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
tigry1 [53]
3 years ago
7

A severe cyclone causes substantial damage to a brick manufacturing company's production equipment. As a result, the company spe

nds a sum of $25,000 to repair the equipment. Given this information, the sum of $25,000 that the company spends is its _____.
A. implicit cost.
B. direct cost.
C. explicit cost.
D. indirect cost.
Business
1 answer:
Zepler [3.9K]3 years ago
6 0

Answer:

The correct answer is D. indirect cost.

Explanation:

That is, indirect costs are those costs that the company incurs during the exercise of its activity, whose allocation is more complicated, since they are not directly related to production.

In the above case, it is shown that the environmental effect produced by the cyclone is not directly related to the production of the bricks, so it is considered that it corresponds to indirect costs of the operation.

You might be interested in
What is the term for the level of output at which the sales revenue of the firm just covers the fixed and variable costs includi
Lilit [14]

When the level of output leads to sales revenue that covers the fixed and variable costs, this is called the Breakeven Point.

<h3>What happens at the Breakeven point?</h3>

This is the point where the company has sold enough units to make back its variable and fixed costs.

At this point, the company would be making $0 profits which is also considered in business to be the normal profit.

Find out more on normal profits at brainly.com/question/3522161.

#SPJ1

5 0
2 years ago
Utica Company’s net accounts receivable was $250,000 at December 31, 2016, and $300,000 at December 31, 2017. Net cash sales for
dexar [7]

Answer:

Total Net Sales = $1475000

Explanation:

Average Accounts Receivables = (250000 + 300000) / 2

Average Accounts Receivables = 275000

Accounts Receivables Turnover = Credit sales / Average Accounts Receivables

So,

5 = Credit Sales / 275000

5 * 275000 = Credit Sales

Credit Sales = $1375000

Total Sales = Credit Sales + Cash Sales

Total Sales = 1375000 + 100000 = $1475000

8 0
3 years ago
Read 2 more answers
Watson Oil recently reported (in millions) $8,250 of sales, $5,750 of operating costs other than depreciation, and $1,000 of dep
klemol [59]

Answer:

net income exceeded the free cash flows by $550 million

Explanation:

net income = ($8,250 - $5,750 - $1,000 - $160) x (1 - 35%) = $871 million

net cash flows:

operating activities = $871 + $1,000 - $300 = $1,571

investing activities = ($1,250)

net cash increase during the year = $321 million

net income exceeded the free cash flows by $871 - $321 = $550 million

7 0
2 years ago
In July, a customer invested $10,000 in the ABC Mutual Fund. In December of the same year, ABC announced a long-term capital gai
mihalych1998 [28]

Answer:

Capital gains distribution is treated as long term

Capital gain from from redemption is treated as short term

Explanation: Capital gains may be explained as the profit made from the sale of a property or investment. Depending on the holding duration of the stock or bond, a capital gain may be classed as short term is held for below one year or long-term, of held for more than 1 year. However, According to the Internal Revenue service regulation, Capital gains are taxed as long term irrespective of the holding period in which the owner has possessed the fund.

Capital gains redemption however, follows the usual time-line and in this case would be taxed as short-term because the holding period is between July to May, which is a 10 months. Since it hasn't exceeded a year, then, it is classed as short term.

4 0
3 years ago
How might a technology company like apple ensure that it behaves in a socially responsible way toward its customers? by protecti
Serhud [2]

The correct answer is the first option. By protecting the privacy of personal information collected on its website a company like apple would be behaving in a socially responsible way towards its customers. Technology companies like apple have a responsibility to protect the personal information of its customers, if this wasn't the case then people would not buy their products as they would not have any faith in the company.

7 0
3 years ago
Read 2 more answers
Other questions:
  • !WILL GIVE BRAINLIEST AND 15 PTS PLEASE HELPPP!
    8·2 answers
  • The blank view in a presentation program displays your slides in full screen mode
    11·2 answers
  • A car dealer wants to get rid of the stock of last year's model. Assume that the dealer knows from past experience that the pric
    9·2 answers
  • A corporation has 50,000 shares of $25 par stock outstanding. If the corporation issues a 3-for-1 stock split, the number of sha
    12·1 answer
  • During the period, labor costs incurred on account amounted to $175,000, including $150,000 for production orders and $25,000 fo
    15·1 answer
  • Ferris owns an apartment in an apartment complex. The apartment-complex rules require the owner of each apartment to maintain it
    5·1 answer
  • Consensus ad idem means which of the following?
    15·2 answers
  • Llano’s stock is currently selling for $50.00. The expected dividend one year from now is $1.50, and the dividend growth rate is
    8·1 answer
  • Volga Co. included a foreign subsidiary in its Year 6 consolidated financial statements. The subsidiary was acquired in Year 4 a
    6·1 answer
  • The Extreme Reaches Corp. last paid a $1.50 per share annual dividend. The company is planning on paying $3.00, $5.00, $7.50, an
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!