All categories

3 years ago

What type of expense is your rent each month?

Business

2 answers:

Jobisdone [24]3 years ago

5 0

The answer is B variable expense
I remember doing this question

Alisiya [41]3 years ago

3 0

It is a routine expense because you know that you will be paying it monthly.

You might be interested in

5. The Bureau of Economic Analysis reported that, in real terms, overall consumer spending increased by $345.8 billion in 2015.

ikadub [295]

Answer & Explanation:

a. MPC = 0.50; Change in consumption spending = $345.8 billion

According to multiplier formula,

Change in real GDP/ Change in consumption spending = 1/(1-MPC) = 1/(1-0.5) = 1/0.5 = 2

So, Change in GDP = Change in consumption spending*2 = (345.8)*2 = $691.6 billion

Change in GDP = $691.6 billion

b. Change in investment = -$100

According to multiplier formula,

Change in real GDP/ Change in investment = 1/(1-MPC) = 1/(1-0.5) = 1/0.5 = 2

So, Change in GDP = Change in investment*2 = (-100)*2 = -200

So, total change in GDP = 691.6 - 200 = $491.6 billion

Change in real GDP = $491.6 billion

c. Percentage change in real GDP = (Change in Real GDP/GDP at the end of 2014)*100 = (491.6/15,982.3)*100 = 3.08%

7 0

3 years ago

A statement of cash flows reflects a net cash flow from operating activities of -$89 million, a net cash flow from investing act

Mumz [18]

Answer:

The net cash movement is -$19 million, this means that the firm is facing liquidity challenges.

Explanation:

Movement of Cash during the year :

Net cash flow from operating activities -$89 million

Net cash flow from investing activities $42 million

Net cash flow from financing activities $28 million

Movement during the year -$19 million

Conclusion,

The net cash movement is -$19 million, this means that the firm is facing liquidity challenges.

8 0

3 years ago

Comcast (CMCSA) is trading at 54.33. You decide to short sell 100 shares of their stock, providing 2850 in collateral to your br

s344n2d4d5 [400]

Answer: =-9.34%

Explanation:

Assuming the brokerage account pays no interest on your cash, the return, relative to the collateral will be calculated as:

= (Short sell price - dividend - Share buy price)/Capital employed

= (5433 - 100 - 5600) / 2850

= -267 / 2850

= -0.09368

=-9.34%

Note:

Short sell price = 54.33 × 100 = 5433

Dividend = 100

Share buy price = 56 × 100 = 5600

3 0

2 years ago

The relationship between a product line and product mix is Multiple Choice there is no significant difference other than minor p

Mars2501 [29]

Answer:

product mixes include product lines.

Explanation:

The product line is a group of products that are interrelated as they satisfy the needs and also they are used together and are sold to the similar customer group via similar outlets

It involved the product line that are offered by the company

Therefore according to the given situation, last one is correct answer

And, the same would be relevant

4 0

2 years ago

Funtime Quadcopters plans to sell a standard quadcopter (toy drone) for $ 55 and a deluxe quadcopter for $ 85. Funtime purchase

brilliants [131]

Answer:

Funtime must sell 510 standard quadcopters and 340 deluxe quadcopters every month to breakeven.

Funtime must sell 840 standard quadcopters and 560 deluxe quadcopters to earn $ 7,700 monthly.

Explanation:

A. To breakeven, the revenue must equal the total costs.

1. Write the expresssion of revenue

Revenue = price × number of units

Revenue from standard quadcopter

Naming s the number of standard quadcopters sold:

$55 × s = 55s

Revenue from deluxe quadcopter

Naming d the number of deluxe quadcopters sold:

$85 × d = 85d

Total revevue:

55s + 85d

2. Write the expression of cost

Purchase price of standard quadcopters

$45s

Purchase price of deluxe quadcopters

$65d

Fixed monthly expenses

$11,900

Total cost:

45s + 65d + 11,900

3. Relation between number of deluxe quadcopters and standard quadcopters

Two deluxe quadcopters for every three standard quadcopters

d = (2/3)s

4. Substitute d with (2/3)s in the expressions, writhe the equation and solve

Revenue = 55s + 85(2/3)s

Cost = 45s + 65(2/3)s + 11,900

Revenue = Cost

55s + 85(2/3)s - 45s - 65(2/3)s - 11,900 = 0

Multiply the equation by 3, to eliminate the denominators:

165s + 170s - 135s - 130s - 35,700 = 0

Add like terms and add 35,700 to both sides

70s = 35,700

Divide by 70

s = 510

Substitue s in d = (2/3)s

d = (2/3)510 = 340.

Therefore, Funtime must sell 510 standard quadcopters and 340 deluxe quadcopters every month to breakeven.

B. To earn $7,700

Profit = revenue - cost

7,700 = 55s + 85(2/3)s - 45s - 65(2/3)s - 11,900

Add 11,900 to both sides

19,600 = 55s + 85(2/3)s - 45s - 65(2/3)s

Mutliply the equation by 3:

58,800 = 165s + 170s - 135s - 130s

Do the operations:

58,800 = 70s

s = 58,800 / 70 = 840

d = (2/3)840 = 560

Hence, Funtime must sell 840 standard quadcopters and 560 deluxe quadcopters to earn $ 7,700 monthly.

6 0

2 years ago