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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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Foster, Inc., purchased a truck by paying $5,000 and borrowing the remaining $30,000 required to complete the transaction. Ident

neonofarm [45]

Answer: c. Foster Inc.'s assets will decrease by a net amount of $30,000.

d. The Company's liabilities will increase by $30,000.

Explanation:

From the question, Foster, Inc., bought a truck by paying $5,000 and then borrowed the remaining $30,000 that was required to complete the transaction.

Since the company borrowed $30,000, this will lead to an increase in the liability of the company by $30,000. Also, it will lead to a reduction in the net assets of the company by a net amount of $30,000

6 0

3 years ago

Janes, Inc., is considering the purchase of a machine that would cost $410,000 and would last for 5 years, at the end of which,

ki77a [65]

Answer:

- $33,678.21

Explanation:

Cash flow Summary of the Project will be as follows

Year 0 = $410,000 + $3,000 = - $413,000

Year 1 = $101,000

Year 2 = $101,000

Year 3 = $101,000

Year 4 = $101,000

Year 5 = $101,000 + $41,000 + 3,000 = $145,000

So the Net Present Value can now be calculated using the CFj function of a Financial calculator as follows :

- $413,000 CF 0

$101,000 CF 1

$101,000 CF 2

$101,000 CF 3

$101,000 CF 4

$145,000 CF 5

i/yr = 13%

Shift NPV = - $33,678.21

5 0

3 years ago

5) "Once a business develops a solid information system to meet its needs, that system will serve the business for at least 25 y

uysha [10]

Answer:

This is not correct, as the information systems in this age are rapidly transforming, due to artificial intelligence and IoT.

8 0

3 years ago

The bookstore of a university would be considered:

Artyom0805 [142]

The answer would be C

6 0

4 years ago

Question 7 of 10

Scorpion4ik [409]

Answer:

A. Use the Print option for two-sided printing.

I'd choose A, although I don't really understand what option D means..

5 0

3 years ago