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2 years ago

Which of these costs would be the MOST difficult to adjust if you were looking to reduce your expenses?

Business

1 answer:

Zigmanuir [339]2 years ago

5 0

Answer:

b)Loan payment on a new car

Explanation:

These are the options for the question;

a)Dining out at local restaurants

b)Loan payment on a new car

c)Expenses for new clothes

d)Postponing a purchase for a big-screen TV

Expenses in finance is the cost incurred or an ouflow of cash in order to get a value back such as money spent on rent, feeding, buying new cloth and others. Expenses could be classified as Variable, fixed, operating, non-operating However, Expenses can be adjusted.

All the listed Expenses can be be easily adjusted except loan payment on a new car because, the loan payment on the new car is expenses inform of interest and can be classified as "non-operating"expense and doesn't go with the main activities like other expenses, so it must be deducted at agreed period.hence,it can be difficult to adjust.

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To calculate a year-to-year percentage change in any financial statement line item such as sales, you should take the current ye

Makovka662 [10]

Answer:

the prior year's amount

Explanation:

In financial statements when measuring performance increase the percentage change in various financial statement lines are usually used.

Financial statement lines are individual items on financial statements. For example current assets, current liabilities, and sales.

The percentage change aims to compare increase in a financial statement line item against the previous year's amount.

This will give an idea of how much increase has occurred on previous performance.

So it is calculated by deducting previous year amount from current year amount, then divide by the previous year amount and multiply by 100

7 0

2 years ago

Make a case that development economics might be merely a combination of all the other subfields of economics, only applied to lo

Alina [70]

Answer:

Case explained below

Explanation:

Development economics is a branch of economics which deals with economic aspects of the development process in low income countries. Its focus is not only on methods of promoting economic development, economic growth and structural change but also on improving the potential for the mass of the population, either through health, education and workplace conditions, whether through public or private channels.

Development economics must encompass the study of institutional, political, and social as well as economic mechanisms for modernizing an economy while eliminating absolute poverty and transforming states of mind as well as physical condition.

7 0

2 years ago

A jewelry store promises to deliver custom-made wedding rings to a buyer within 2 weeks. However, it charges ten percent of the

Serggg [28]

Answer:

The correct answer is letter "B": It is taking deposits and progress payments.

Explanation:

Advance deposits and progress payments are the amount of money taken by an organization as part of the total amount charged for a good or service that is going to be provided. It is a form of endorsement that proves the buyer has a real intention in acquiring the good or service but also helps the organization to have immediate cash flow to pay for expenses such as the raw material that will be used for production (in the case of a good).

8 0

2 years ago

Data for March for Lazarus Corporation and its two major business segments, North and South, appear below: Sales revenues, North

JulijaS [17]

Answer:

Lazarus Corporation

A properly constructed segmented income statement in a contribution format would show that the net operating income of the company as a whole is:

= $47,000.

Explanation:

a) Data and Calculations:

North South Total

Sales revenues $380,000 $230,000 $610,000

Variable expenses 213,000 104,000 317,000

Contribution $167,000 $126,000 $293,000

Fixed expenses:

Traceable 65,000 25,000 90,000

Common 84,000 72,000 156,000

Total $149,000 $97,000 $246,000

Operating income $18,000 $29,000 $47,000

b) Segmented income statement is prepared to show the contributions and operating income generated from different segments of the entity. It helps to evaluate performances of segments and to identify profitable or less profitable segments.

7 0

2 years ago

After identifying various market segments that her company could pursue, Linda evaluated each segment's attractiveness based on

sashaice [31]

Answer:

Market Targeting

Explanation:

This is a process of identifying different segments of a market's attractiveness and identifying a particular one to enter.

It guides towards making the best decision at market selection stage ,that will be of a great value to the organization..

The two basic stages involved are evaluating the market and selecting market target segments and targeting strategy.

Size and growth , attractiveness ,income , accessibility and availability of resources are factors to be considered during the process

8 0

2 years ago