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3 years ago

Which of the following would you list as an "Essential (Fixed)" expense?

2 answers:

8 0

The best answer would be rent. Because a fixed expense is something that will never change, increase or decrease, no matter what happens. And rent that never changes so that's the answer.

11Alexandr11 [23.1K]3 years ago

4 0

Out of the above choices I would Asnwer. D Rent. Rent is an Essential (fixed) expense. The other expenses electricty, telephone and car repair are all variable expenses because they normally are net set rates every month. Due to the changng of amounts these expenses fluxtuate not allowing thme to be a fixed expense like rent is.

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In the short run, a decrease in the money supply causes output to? A. Increase B. Decrease C. Not change D. Increase or not chan

Amiraneli [1.4K]

The Answer will be: (A) Increase

7 0

4 years ago

You have been given this probability distribution for the holding period return for KMP Stock State of the Economy Boom Normal R

Hunter-Best [27]

Answer: The answer is a

Explanation:

Using the formula

Expected Rate of Return = ∑(i =1 to n) Ri Pi

Where Ri = Return in scenario 1

Pi = Probability for the return in scenario 1

i = Number of scenario

n = Total number of probability and Return

P1=30

R1 = 18

P2 = 50

R2 =12

P3 = 20

R3 =-5

Expected Gain =(30 ×18) + (50 × 12) + ( 20 × -5)

= 540 + 600 + - 100

= 1,040

= 1,040 ÷ 100

= 10.4%

7 0

4 years ago

During a holiday month, a retail store brings in 300% above its average sales in other months.if a typical month has $1600 in sa

Bingel [31]

Answer:

Profit for holiday month is $4,000

Explanation:

Given:

Average sales in a typical month = $1,600

Fixed cost is $800 per month

Sales in festive month is 300% above average typical month sale. So, sales in festive month is $4,800 (1,600 × 300%). Fixed cost remains same irrespective of number of units sold.

Profit = Sales - Fixed cost

= 4,800 - 800

= $4,000

If profit in a typical month is $800 (1,600 - 800), retail store earns profit of $4,000 in a festive month.

3 0

3 years ago

Stephanie was injured in a car accident was rushed to the emergency room. She received stitches for a facial wound and treatment

vichka [17]

Answer:

Hence,

the amount paid by the Stephanie = $410

The amount covered by PPO = $440

Explanation:

Given:

Percent covered by the insurance = 80%

Annual deductible = $300

Total emergency room bill = $850

Now,

The Coinsurance expenses = Total expenses − Annual deductible

The Coinsurance expenses = $850 - $300 = $550

The amount covered by PPO

= Percent covered × Coinsurance expenses

= 0.80 × $550 = $440

Therefore,

the amount paid by the Stephanie

= Annual deductible + (Coinsurance expenses - amount covered by PPO)

= $300 + $550 - $440 = $410

Hence,

the amount paid by the Stephanie = $410

The amount covered by PPO = $440

3 0

3 years ago

Read 2 more answers

EB11.

Zarrin [17]

Answer:

Q. Gear Up Co. pays 65% of its purchases in the month of purchase, 30% in the month after the purchase, and 5% in the second month following the purchase. What are the cash payments if it made the following purchases in 2018?

February 2018 $90,000, March 2018 92,000, April 2018 101,000, May 2018 98,000, June 2018 99,500.

Answer) $440,775

Explanation:

Cash payments to be made in 2018 for the purchases given in question are:

Feb 2018 Mar 2018 Apr 2018 May 2018 June 2018

Cash Payments

65% of $90,000 58,500

30% of $90,000 27,000

5% of $90,000 4,500

65% of $92,000 59,800

30% of $92,000 27,600

5% of $92,000 4,600

65% of $101,000 65,650

30% of $101,000 30,300

5% of $101,000 5,050

65% of $98,000 63,700

30% of $98,000 29,400

65% of $99,500 64,675

Total $58,500 $86,800 $97,750 $98,600 $99,125

Total payments in 2018=$440,775

(58,500+86,800+97,750+98,600+99,125)

3 0

4 years ago