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serious [3.7K]
3 years ago
15

The expenses involved in going into business, such as buying a space and purchasing equipment, are examples of _____. A. Marketi

ng funds b. Start-up costs c. Financial plans d. Operating expenses Please select the best answer from the choices provided A B C D
Business
2 answers:
Svetach [21]3 years ago
7 0

Answer:

The correct answer is the option B: Start-up costs.

Explanation:

<em>''Start-up cost''</em> is the name given, in the business world, to the term that refers to<em> every penny that a person needs to put and risk in order to start a new business</em>. Moreover, it is very understandable that this type of cost are the ones that help run the company in the first place, therefore the person needs to calculate everything in a meticulous way in order to start in a good direction and avoid economic losses.

Usimov [2.4K]3 years ago
3 0

It would be b

because start up cost would be basic things to get business running.

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Velco purchased a delivery truck at the beginning of Year 1 at a cost of $60,000. The truck is estimated to have a useful life t
Alenkinab [10]

Answer:

$10,000

Explanation:

Depreciation of an asset is the systematic allocation of estimated cost to an asset over time. It is added over the years to get the accumulated depreciation that is netted off the cost to get the net book value.

It is given as

Depreciation = (Cost - Salvage value)/Estimated useful life

Depreciation expense for Year 1 (the first year of the asset's life) under the straight-line method would be

= ( $60,000 - $10,000 ) / 5

= $50,000/5

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5 0
3 years ago
Abel Corporation uses activity-based costing. The company makes two products: Product A and Product B. The annual production and
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Answer:

depreciable amor 10.95 dollars per Activity 2 base cost object.

Explanation:

\frac{Activity\: Pool}{Activity \: base}= Activity\:Rate

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Activity rate: $35,040 cost pool / 3,200 driver expected amount = $10.95

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3 years ago
Timothy wants to cut costs in his company to increase the profitability of production. Which tactic should Timothy utilize to cu
Oksanka [162]

Answer:

A

Explanation:

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What do firms stand to gain by increasing their market power
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Increase in profit.

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How many inches are there in a football field (100 yards)? 1 yard = 3 feet; 1 foot = 12 inches
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