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Zinaida [17]
4 years ago
10

Choose a real or made up example of a company, and describe at least three fixed costs the company has.

Business
1 answer:
bonufazy [111]4 years ago
6 0
(any company) Payroll for employed workers, Property costs, and taxes.
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In reviewing the agreement between AdCreate and Anchor Motors, Jacob Stein found that sales ofAnchor rose 2.8% compared to the p
kakasveta [241]

Answer:

AdCreate billed Anchor Motors $529,412 for the third quarter in 2010

Explanation:

The advertizing company usually takes a 15% commision

Which means from the total amount billed to customer 15% ar commision which means:

money paid to media + 15% comission of the billed amount= total amount billed

450,000 + 0.15X = X

Now, we try to solve for X and get the amount billed to anchor motors.

X = 450,000/.85 =<em> 529.411,76</em>

8 0
3 years ago
To estimate the cash flow from operations, depreciation must be added back to net income because depreciation is a non-cash char
Sindrei [870]

Answer:

a. True

Explanation:

When an asset is purchased with Cash, the entries are debit to fixed assets and credit to cash. Depreciation is not recognized until the asset has been put to use.

To determine net income, depreciation and amortization expenses are deducted as expenses from the revenue.

Hence in the determination of Cash flows from operating expenses, such non-cash items that were deducted will be added back.

3 0
3 years ago
A firm has a fixed cost of $200 in its first year of operation. When the firm produces 99 units of output, its total costs are $
tatiyna

Answer:

total cost of producing 100 units is $4700

Explanation:

given,

Fixed cost  =  $200

Total cost   =  $4,000

The total cost of n units = total cost of (n-1) units +marginal cost  of nth unit

The total cost of 100 units= total cost of 99 units+marginal cost  of 100th unit

The total cost of 100 units = $4000 + $700

                                         =4000+700

                                         =$4700

the total cost of producing 100 units is $4700

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3 years ago
The government is supposed to look out for the consumer when a new product or service is introduced to the market. This role of
ollegr [7]

Answer:

one that reallocates income

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EleoNora [17]

Answer: Technology over the past 10 years has changed very much with more people having access to technology know it is easier for many people to communicate around the world which allows for globalization. This helps us trade more because of communication which allows to live in our world today.

Explanation: I got it right after writing this short paragraph so you should too good luck.

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3 years ago
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