Answer:
d. any cost that does not change when the firm changes its output.
Explanation:
Fixed costs are the expenses that remain constant throughout a financial period. They are not dependent on the output level for the period. Fixed costs are budgeted at the beginning of the season and will not change as long as production does not go beyond the optimal level. Examples of fixed costs are depreciation, rents, administrative salaries, and insurance.
Variable costs contrasts fixed costs. Whereas fixed costs remain constant, variable cost change depending on the level of production. Adding fixed costs to variable costs results in the total costs for a business. The average total cost is the total cost divided by the total output.
Answer:
The amount of annual cash dividends distributed to common shareholders relative to the common stock's market value is the:
Explanation:
The amount of annual cash dividends distributed to common shareholders relative to the common stock's market value is the:
Answer:
a. rationalization
Explanation:
He justifies his actions stating that he acted in the best interests of the company and nobody stopped him. In the given scenario, Martin is justifying his actions by resorting to rationalization. As we can see that Martin in this scenario is trying to justify his actions which means that he is making excuses to defend himself which is non professional as to avoid the truth from the company.
Answer: Ordinary income tax on earnings exceeding basis.
Explanation:
From the question, we are informed that a 60-year-old customer purchases a nonqualified variable annuity and withdraws some of her funds before the contract is annuitized.
The consequences of this action is that Ordinary income tax on earnings exceeding basis. It should be note that the distributions from a nonqualified plan had to do with return on original investment and income from the investment. Since there's defer of the income, it'll be taxable as an ordinary income.
Answer:
Market Commonality
Explanation:
Market Commonality refers to the number of markets, with which firm & its competitors are jointly involved. It denotes the way in which firms & competitors are involved in market, also depicting importance of inter dependent individual markets to each.
So, the concept of 'market commonality' is representative of the degree to which two companies have overlapping products, services, or consumers in multiple markets.
