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Aleks [24]
3 years ago
6

Home expenses can be divided into which two categories

Business
2 answers:
pychu [463]3 years ago
3 0

Answer:

Expenses can be divided into two categories: direct and indirect expenses. Direct expenses hope this helps

Explanation:

Delvig [45]3 years ago
3 0

Answer:

Home expenses can be divided into Direct and Indirect Expenses.

Explanation:

Direct Expenses are the expenses which increases with the increase in the cost of the product which is purchased and vice and versa. Indirect expenses are which doesn't increase with the increase in the cost of the product or service purchased and vice versa.

Examples of Direct expenses are Groceries, Electricity Bills, Petroleum expense, Telecom bills, Internet bills, Gas Bills, etc. Examples of Indirect Expenses are Home Mortgages, Loan Payments, etc

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Qwik Service has over 200 auto-maintenance service outlets nationwide. It provides primarily two lines of service: oil changes a
Ann [662]

Answer:

A. The answer is:

Oil-related revenue = 0.75 x 40,000,000 = $30,000,000;

Repair-related revenue = 0.25 x 40,000,000 = $10,000,000

B. The answer is:

Oil-related revenue = 0.75 x 350,000 = $262,500;

Repair-related revenue = 0.25 x 350,000 = $87,500.

Explanation:

A.

Denote X is the total revenue Qwik Service has to earn.

We have:

Oil charge-related revenue: 0.75X; Oil charge-related margin 0.2 x 0.75X = 0.15X

Brake repair-related revenue: 0.25X; Brake repair-related margin: 0.25X x 0.6 = 0.15X.

=> Total contribution margin = 0.15X + 0.15X = 0.3X

To meet break-even, the total contribution margin should be equal to fixed cost or: 0.3X = 12,000,000 <=> X = $40,000,000

=> Oil-related revenue = 0.75 x 40,000,000 = $30,000,000;

    Repair-related revenue = 0.25 x 40,000,000 = $10,000,000.

B.

The note Y is the total revenue per one outlet.

At one outlet, revenue and margin will be:

Oil charge-related revenue: 0.75X; Oil charge-related margin 0.2 x 0.75X = 0.15X

Brake repair-related revenue: 0.25X; Brake repair-related margin: 0.25X x 0.6 = 0.15X.

=> Total contribution margin = 0.15X + 0.15X = 0.3X

To meet net income target of $45,000, the total contribution margin should be equal to fixed cost of $60,000 and delivering $45,000 net income or: 0.3X = 45,000 + 60,000 <=> X = $350,000.

=> Oil-related revenue = 0.75 x 350,000 = $262,500;

    Repair-related revenue = 0.25 x 350,000 = $87,500.

6 0
3 years ago
Explain the technique of making bamboo based handicrafts with an example.​
Gala2k [10]

Answer:

Bamboo can be processed into thin strips or sheet materials for bamboo plaiting , commonly known as bamboo strips. The processing procedures of bamboo strips include selecting materials , sawing bamboo, pruning, scraping, dividing, splitting, setting the width, thinning and chamfering.

Explanation:

Example: •Bamboo furniture

•Bamboo toys

•Bamboo wind chimes

•Bamboo lamps and lanterns

•Bamboo placements and coasters

6 0
3 years ago
lord penrose a financial analyst for the equitable life insurance society has just been asked to evaluate two mutually exclusive
spin [16.1K]

Answer:

The Equitable Life Assurance Society (Equitable Life), founded in 1762, is a life insurance ... Lord Penrose's 2004 Equitable Life Inquiry found that the company had made ... Both types of bonus were allocated at the discretion of the directors in ... between a fixed Guaranteed Annuity Rate (GAR) or the Current Annuity Rate ...

Explanation:

4 0
3 years ago
Money demand refers to a how much income people want to make per year. b how much wealth people want to hold in liquid form. c t
scoray [572]

Answer:

b. how much wealth people want to hold in liquid form.

Explanation:

Money demand refers to the amount of liquid assets or wealth, which can be quickly converted to cash, an individual desires hold at a particular point in time, which enables the individual to easily carry out transactions such as exchange of goods and services. It is simply referred to as the desire of people to hold cash. It does include illiquid physical assets that cannot be quickly converted to cash. It includes cash or bank deposits.

5 0
3 years ago
1 pts __________ is an activist investors who Runs Pershing Square Capital Management and recently purchased a 9.7% stake in All
Ivan

Answer:

The correct word for the blank space is: Bill Ackman.

Explanation:

American investor Bill Ackman (born in 1966) is the founder and Chief Executive Officer (CEO) of Pershing Square Capital Holdings, Ltd., a New-York-based hedge fund with around $12.5 thousand millions in assets. According to the Bloomberg Billionaires Index, Ackman's net worth is $1.8 billion.

4 0
3 years ago
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