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3 years ago

Interest expense is not:

Business

1 answer:

Veseljchak [2.6K]3 years ago

7 0

Answer:

The correct answer is letter "C": Likely to fluctuate when sales change.

Explanation:

Interest Expense is the cost of borrowing money. Usually, interest is paid on a credit card for some form of debt through a bank loan, mortgage, credit line or outstanding balance. The amount charged is equal to the interest rate times the outstanding balance. Interest payments are reported on an income statement as non-operating expenses.

Sales changes do not influence the interest expense.

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All business strategies seek to gain competitive advantage. a. True b. False

insens350 [35]

True.............: :3

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3 years ago

Classify the following as either a revenue or a capital expenditure.

Naily [24]

Answer and Explanation:

The capital expenditure is the expenditure which is held for a capital asset i.e fixed assets for improving life, production, etc. It is a one-time expenditure

While on the other hand the revenue expenditure is the expenditure which is incurred on daily basis i.e frequently like repairs, maintenance

So based on the above, the classification is as follows

a. Capital expenditure

b. Revenue expenditure

c. Revenue expenditure

d. Capital expenditure

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3 years ago

Type the correct answer in the box. Spell all words correctly. Over the last decade, George’s company has been intentionally red

PtichkaEL [24]

George’s company is reacting to the Market economic system.

Explanation:

In a Market Economy system the organizations are run by the people.People determine how the economy runs,how supply are generated and how demands are met.
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Supply and demand of the product has a great impact on this economy

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2 years ago

Organizational portfolio plan, the final phase of the strategic planning process, involves?

Mnenie [13.5K]

The main purpose of organizational portfolio plan is to ensure that the high-level strategy that the organization is implementing translated to an actual workable plan that is measurable and specific enough to be executed by the relevant business functions responsible.

A gap between strategy and executed plans are a very common business problem to encounter in various industries. Thus, the best answer for the question is (A) identifying strategic business units (sbus) and establishing methods to determine how resources should be allocated among the various sbus.

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3 years ago

Last year, Hampton Corporation had sales of $1,855,000. The firm's costs of goods sold amounted to 70% of sales. Hampton also pa

jeka57 [31]

Answer:

Tax Liability = $74,550

Explanation:

Particular Amount

Sales $1,855,000

Less: COGS(70% of sales) $1,298,500

Gross Profit $556,500

Less: Operating expenses $225,000

Operating profit $331,500

Add: Taxable dividend income $40,000

Add: Capital gain $10,000

Less: Interest Expenses $26,500

Net Taxable Income $355,000

Tax rate = $355,000 * 21%

Tax Liability = $74,550

Note: 21% is the Tax rate approved by the Tax cuts and Job Acts of 2017.

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3 years ago