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Gwar [14]
3 years ago
13

Car expenses- sales​

Business
2 answers:
kenny6666 [7]3 years ago
7 0
Yes jcxjsjfndksnjxnmxmcdkcjfnemckafnfansmrjdndjge
AveGali [126]3 years ago
3 0

Answer:

what

Explanation:

................................

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George and Dan's political consulting firm is losing money, but it is more than covering its variable costs. What is the most ac
aniked [119]

Answer:

- It will go out of business in the long run.

Explanation:

If George and Dan's political consulting firm is losing money, but it is more than covering its variable costs, then the most accurate statement we can make about it is that: It will go out of business in the long run.

In the SHORT RUN, as long as the firm is covering variable costs, it means that the firm is able to generate normal profit or contribution that takes care of part or all of its fixed costs. It will stay in business

<u>In the LONG RUN, the firm will only continue to operate if it can make normal profits</u>

<u>Normal profit occurs when the difference between a company's total revenue and combined explicit and implicit costs are equal to zero.</u>

<u>Since George and Dan's political consulting firm cannot cover fixed costs, it will go out business in the long run.</u>

3 0
3 years ago
Why would those reviewing a business plan want to know the life cycle of a product?
emmainna [20.7K]
A business plan composes of many key components and one of this is the products and services. Therefore, when reviewing a business plan, the life cycle of the product is important because it would help establish expectations regarding how often the customer will need the business. The answer to this would be option D. Hope this helps.
3 0
3 years ago
Read 2 more answers
Problem 11-11 Calculating Operating Leverage [LO4] At an output level of 62,000 units, you calculate that the degree of operatin
Mandarinka [93]

Answer:

Percentage change in sales = [(Ending value - Beginning value) / Beginning value] * 100

Percentage change in sales = [($67,000 - $62,000) / $62,000] * 100

Percentage change in sales = 0.080645

Percentage change in sales = 8.0645%

Percentage change in OCF = Percentage change in sales * Degree of operating leverage

Percentage change in OCF = 8.0645% * 3.7

Percentage change in OCF = 29.84%

Will the new level of operating leverage be higher or lower?

As the sales increase, contribution margin will remain constant but operating margin percentage will rise. Therefore, this leads to fall in operating leverage.

3 0
3 years ago
In a traditional economy, which group is most responsible for producing the goods people in society need?
romanna [79]

Answer:

B. Family members

Explanation:

A traditional economy is based upon the customs, beliefs, and history of the community. Age-old traditions and beliefs guide economic decisions of production and distribution. The traditional economy is motivated by the social well being of its members and not by profits.

The main economic activities under the traditional economy revolves are subsistence farming, fishing, and hunting. These activities are carried out in family settings. In other words, family members provide labor for economic activities.

6 0
3 years ago
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Question 3
Anna007 [38]
The answer is false....
7 0
3 years ago
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