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Vinvika [58]
4 years ago
10

Which one of the following budget items would probably be considered a fixed expense?

Business
1 answer:
Marat540 [252]4 years ago
4 0
Out of the following choices given, the budget item that would probably be considered a fixed expense is insurance premiums. Entertainment, savings, and clothing expenses can change from week to week or from month to month. Insurance will be a fixed amount for a year at a time and most likely won't change. The correct answer is D.
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Both Phoebe and Connor are trying to maximize their lifetime income. Each has a different plan on how to do it best. Phoebe clai
andrew11 [14]
The correct answer is C. By attending college, Connor actually stands better prospects to earn a significant salary throughout his lifetime. Employees having gone through post-secondary education generally earn more income than those who have not studied till college. The simple reason is, by attending college, you acquire sharper knowledge and insights of disciplines you wouldn't otherwise have access to. You get skills that are in line with a demanding and fast-paced environment. People often regret not attending college because they could have grabbed a certificate that could have been a stepping stone for professional opportunities and higher incomes.
7 0
3 years ago
Read 2 more answers
What business cycle means?
inn [45]

The repeating economic changes that happen in a society over time are known as business cycles.

Business cycles are one sort of fluctuation that can be seen in a country's overall economic activity, a pattern of booms that occur roughly at the same time in various economic activities, followed by contractions that are equally widespread.

The repeating economic changes that happen in a society over time are known as business cycles. It can be recognized by changes in the GDP and other macroeconomic indicators.

Business cycles are made up of coordinated cyclical upswings and downswings in output, employment, income, and sales, which are four broad indices of economic activity.

Expansions and contractions, commonly known as recessions, are the two contrasting phases of the business cycle.

To learn more about business cycle link is here

brainly.com/question/4511868

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8 0
1 year ago
Sanchez Semiconductors produces 400 comma 000 high minus tech computer chips per month. Each chip uses a component that Sanchez
lilavasa [31]

Answer:

Effect on income= 1,120,000 - 440,000= 680,000 increase

Explanation:

Giving the following information:

Sanchez Semiconductors produces 400,000 tech computer chips per month.

The variable costs to make the component are $ 1.30 per​ unit, and the fixed costs are $ 1,200,000 per month. The company has been approached by a foreign producer who can supply the​ component, within acceptable quality​ standards, for $ 1.10 each. If the company chooses to​ outsource, fixed costs can be reduced by 50%.

Make in house:

Variable cost= 400,000*1.3= 520,000

Unavoidable Fixed costs= 600,000

Total= 1,120,000

Buy= 1.1*400,000= 440,000

6 0
3 years ago
When paying for purchases, debit cards ____.
stealth61 [152]

I'm sure that, when paying for purchases, debit cards are exactly the same as credit cards.

3 0
3 years ago
Read 2 more answers
Sanjay has three children and is starting a new company. He is looking down the road to a future time when his children are grow
Katen [24]

Answer:

what is the best business structure for continuity and transferability

Explanation:

Sanjay is looking towards beginning a new company. His plans are for his children to take over the company when they are adults in the future.

The most important question he has to consider in this establishment, is one whose answer can provide with the best business entity/structure that would still stand in the future and whose ownership can be handed over to his children In the future.

4 0
3 years ago
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