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True [87]
3 years ago
12

Assume baseball player salaries are fully determined before the season starts. From the point of view of the baseball team owner

, player salaries during the course of the season are then:______
A. variable costs.
B. marginal costs.
C. average costs.
D. fixed costs.
Business
1 answer:
RideAnS [48]3 years ago
4 0

Answer:

The correct answer is option D.

Explanation:

Fixed costs incurred in the production process can be defined as the cost that does not change with the volume of output. It remains constant throughout the production process.  

In the given example, the salaries of baseball players are fixed and will remain the same throughout the season. So, in the view of the team owner, it is a fixed cost as it remains constant.

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The following information is taken from Reagan Company's December 31 balance sheet: Cash and cash equivalents $ 10,319 Accounts
garri49 [273]

Answer:

49 days

Explanation:

Account receivable turnover ratio = Net credit sales / Accounts receivable

Account receivable turnover ratio = $602,000 / $79,922

Account receivable turnover ratio = 7.53

Average collection period = 365/7.53

Average collection period = 48.47277556440903

Average collection period = 49

Thus, firm’s sales uncollected for year is 49 days.

8 0
3 years ago
What is a good way to improve credit score?
Tasya [4]
Make sure you dont have any bills that are over due. Stay paying them on time 
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An example of the application of the __________ is the executive who makes salary increase recommendations for key personnel by
Bogdan [553]

Answer:

The correct answer is letter "E": anchoring and adjustment heuristic.

Explanation:

Anchoring-and-Adjustment heuristics refers to estimations made by individuals according to certain information that come to their minds that are adjusted until an acceptable level of accuracy is reached. The latter is the cause of this practice to be inefficient because it is based on finding one optimal level of accuracy only without looking for others that could provide more proper results.

7 0
3 years ago
Instead of issuing securities, Artificial Intelligence Inc. pursues other sources of funds. To obtain venture capital financing,
lilavasa [31]

Answer:

The answer is B.

Explanation:

The correct option is B. - give up a share of its ownership. Venture capitalist invest in a start up ventures or small businesses that they believe have high future prospects.

Because venture capitalists are exprienced business wise and have enough money, they tend to make or provide managerial decisions. The business will be in form of partnership, hence, Artificial Intelligence Inc. giving up part of its ownership.

It is not a must venture business pay a periodic dividend but business capitalist share in the profit or loss of the business.

6 0
3 years ago
The revenue recognition principle states that: Multiple Choice Revenue should be recognized in the period goods and services are
lidiya [134]

Answer:

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Explanation:

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