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EastWind [94]
3 years ago
15

1. What is the difference between fixed, variable, and periodic costs?

Business
1 answer:
lisov135 [29]3 years ago
4 0

Answer:

The difference is in how they response to the level of production of the firm.

Variable cost are directly associated with the production level, therefore changes with the number of units produced.

Fixed costs do not change with the level of production and remains fixed. Usually, fixed cost changes with the time.

Periodic Costs are the costs that cannot be capitalised and are incurred for a period of time. Such as administrative costs.

Explanation:

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Answer:

No they should not be held accountable.

Explanation:

When the actions were taken in the past it was legal, now that it is illegal the companies should not be held accountable. If they are it will set a bad precedent that will affect a lot of companies.

In the case of GE that did experiments on prisoners to test effects of irradiation however, even if criminal charges are not brought against them, they can face charges. What they did was wrong even if it was legal then.

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3 years ago
Hennessey Chicken and Waffles had $594,500 in sales, and a net profit margin of 4 percent. The firm has 2,750 shares of stock ou
lord [1]

The price-earnings ratio for Hennessey Chicken and Waffles would be 4.90

<h3>What is price-earning ratio(PE)?</h3>

PE ratio is known as the price per earnings ratio. It is the ratio of share price of a company to its earnings per share. The higher the PE ratio, the higher the prospects of higher future performance.

The Price/Earnings Ratio (P/E Ratio) can be calculated as:

= Market Value / Earnings per Share.

First, we need to calculate the net income

Net Income

= Sales x profit margin

= 594500 * 4%

= $23,780

Earnings per share

= (Net profits after taxes – Preferred dividends) / Number of shares of common stock outstanding

= ($23,780 - 0) / 2,750

= $8.65

Therefore,

P/E ratio :

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= $42.40 / $8.65

= 4.90

Hence, the price-earnings ratio would be : 4.90

Learn more about price-earnings ratio here: brainly.com/question/18802904

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