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earnstyle [38]
3 years ago
14

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

Business
2 answers:
il63 [147K]3 years ago
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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Exercise 4-15A Calculate net cash flows (LO4-7) Below are several transactions for Meyers Corporation for 2021. Issue common sto
Maru [420]

Answer:

$12,600

Explanation:

Particulars                                                              Amount

a. Issue common stock for cash                            $40,000

b. Purchase building and land with cash,            -$25,000

c. Provide services to customers on account       $6,000

d. Pay utilities on building                                      -$500

e. Collect $4,000 on account from customers     $4,000

f. Pay employee salaries                                        -$8,000

g. Pay dividends to stockholders                          -<u>$3,900</u>

   Net Cash Flow                                                    <u>$12,600</u>

7 0
3 years ago
A comprehensive evaluation of the group of businesses a company has diversified into involves: a.evaluating the attractiveness o
MariettaO [177]

Answer:

All of the options

Explanation:

A comprehensive evaluation of the group of businesses a company has diversified into involve:

Evaluating the attractiveness of industries the company has diversified into and the competitive strength  of each of its business units.

Evaluating the strategic fits and resource fits among the various sister businesses.

Ranking the performance prospects of the businesses from best to worst and determining what the  corporate parent's priorities should be in allocating resources to its various businesses.

Using the results of the prior analytical steps as a basis for crafting new strategic moves to improve the  company's overall performance.

5 0
3 years ago
What is the difference between sole proprietor and self employed
Kitty [74]

Answer:

Self Employed is the person working in a self owned business. Sole Proprietor is a person solely owning, managing a business.

Explanation:

Self Employment is the term used to depict <u>economic activity</u> of working for self owned organisation, rather than working for someone else. The self owned organisation could be entirely (solely) self owned - sole proprietorship, or co-owned by partners in a limited liability partnership

Sole Proprietor is a business entity owned, managed, run by a single entrepreneur. It is a business legal term given to an <u>economic organisation. </u>In this case, the proprietor necessarily has unlimited liability towards firm's claims. However, its not so always in case of self employment in LLC

5 0
3 years ago
Notson, Inc. produces several models of clocks. An outside supplier has offered to produce the commercial clocks for Notson for
sveta [45]

Answer:

The production of the clocks should be continued, as buy option will increase the cost for the company by 48,000

Explanation:

Current escenario

100 DM x 1,200 = 120,000

140 DL x 1,200 = 168,000

80 VO x 1,200 = 96,000

Fixed Cost 150 x 1,200 = 180,000

Total cost = 564,000

420 x 1,200 = 504,000

60% fixed cost unavoudable 180,00 = 108,000

Total Cost 612,000

make 564,000

buy (612,000)

total cost saving (48,000)

7 0
3 years ago
The manufacturing costs of Calico Industries for three months of the year are provided below. ​
kirill [66]

Answer:

b) $0.40 per unit and $8,000.

Explanation:

The computation of the high-low method, the variable cost per unit and the total fixed costs is given below:-

                          Total Cost            Production Units

April                  $120,000                    280,000

May                   $74,000                      165,000

June                  $90,900                      230,000

Using High Low method  

Variable Cost per unit = (High Cost - low Cost) ÷ (High Cost Units - low Cost Units)

= ($120,000 - $74,000) ÷ (280,000  - 165,000 )

= $46,000 ÷ 115,000

= $0.40

Fixed Cost = Total Cost - Variable Cost per unit × Production unit

= $120,000 - $0.40 × 280,000

= $8,000

8 0
3 years ago
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