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romanna [79]
3 years ago
8

Which of the following statement is TRUE about variable expenses?

Business
1 answer:
german3 years ago
6 0

Answer:

B. The amount you spend on variable expenses changes from month to month.

Explanation:

A variable expense is an expense which is bond to fall or rise in its totality given the status of factors such as; a change in the total sales, change in the ammount of supply or production.

Hense, this ammount is bond to change from time to time.

Some examples of variable expenses include; Labor, expense of raw materials, e.t.c

The expenses which are fixed are known as fixed expenses, they do not change. Some examples are; Insurance, rent and such like expenses.

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Assume you are Helena Fogarty, the CEO and founder of Mi Ola, and you are engaged in an intense group decision making process wi
Annette [7]

Answer:

The correct answer is letter "B": The decisions you make are constantly changing with imperfect information available.

Explanation:

Decision-making is complicated to be made through programmed systems because there are several variables to be considered in the process. The most important is that businesses are subject to <em>changes in the market that can happen suddenly</em>, meaning what could work today might not tomorrow.  

Besides, the information entered in the system must be perfect to obtain an accurate outcome. However, decision-making is based on data that can be precise like the information portrayed in the financial books of the firm but<em> if there is a mistake committed, even if minimal, the programmed decision could fail.</em>

8 0
3 years ago
Which career is likely to earn the highest salary?
kogti [31]

Answer:

b.) Dentist

Explanation:

Hope it helps!

6 0
2 years ago
Future Clothes Inc., a publicly traded company, designs and manufactures wearable technology. What approach should Future Clothe
olganol [36]

Answer:

The interpretation of the discussion is characterized throughout the explanation segment below.

Explanation:

  • Concentrate on an investigation as well as implementation or enhancement as something with a category or manner of price-free competitive advantage.
  • With more than just related diversification, there is much less inflationary pressure as well as the corporation or manufacturer should start concentrating on non-price competitive advantage throughout the opportunity to expand mostly on the supply chain.

So the answer here is just the appropriate one.

5 0
3 years ago
If you wanted to make sure a company has enough money available to pay its bills, which financial statement would be most helpfu
LenaWriter [7]

Answer:

D. Cash flow statement

Explanation:

A cash flow statement refers to a financial statement which is used to record and summarize the amount of liquid assets (cash and cash equivalents) entering and leaving a business entity.

Cash flow can be defined as the net amount of cash and cash-equivalents that is flowing into (received) and out (given) of a business. There are three components of the cash flow;

1. Operating cash flow: all cash generated from the business activities of an organization.

2. Financing cash flow: all payments made by an organization and profits from issuance of debts and equity.

3. Investing cash flow: costs associated with purchasing of capital assets and investments of cash resources in other businesses.

Hence, if you want to make sure a company has enough money available to pay its bills, the financial statement which would be most helpful is the cash flow statement because it is used to measure and analyze how well the company is doing financially in terms of generating revenue to pay its bills and debts.

5 0
3 years ago
Answer this question based on the following information about a company: Revenues, $20 million; costs, $15 million; assets, $30
andrezito [222]

Answer:

$60,000,000

Explanation:

Market value is simply defined as the price an asset would fetch in the marketplace, or the value that the investment community gives to a particular equity or business.

Formula for market value is given as

Company's Share × Current Market price per share.

Therefore, given that

Numbet of shares = 3,000,000

Price of share = $20

Then, MV = 3,000,000 × 20

= $60,000,000

8 0
3 years ago
Read 2 more answers
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