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anastassius [24]
4 years ago
10

Expenditures that maintain the operating efficiency and expected productive life of a plant asset are generally

Business
1 answer:
yKpoI14uk [10]4 years ago
5 0

Answer:

A. Expensed when incurred.

Explanation:

An incurred expense is basically the cost that are unpaid for. Paid expenses are incurred expenses once you paid for it (Eg credit card).

You might be interested in
Hinge Manufacturing's cost of goods sold is $420,000 variable and $240,000 fixed. Thecompany's selling and administrative expens
MrRissso [65]

Answer:

Contribution margin= $960,000

Explanation:

Giving the following information:

Hinge Manufacturing's:

Cost of goods sold variable= $420,000

Cost of goods sold fixed= $240,000

The company's selling and administrative expenses are $300,000

variable and $360,000fixed.

If the company's sales are $1,680,000

Sales= 1680000

Variable cost of goods sold= 420000

Variable selling and administrative expenses=300000

Contribution margin= $960,000

8 0
3 years ago
he long-run average total cost of producing 100 units of output is $4, while the long-run average cost of producing 110 units of
Firlakuza [10]

Answer:

Constant Return to Scale

Explanation:

Based on the information given the numbers

suggest that between 100 and 110 units of output, the firm producing this output has CONSTANT RETURN TO SCALE.

Constant Return to Scale occurs in a situation where the proportional increase in all the inputs is as well equal to the proportional increase in output which means the returns to scale are constant , which is why RETURNS TO SCALE help to describe all what happens to long run returns when the scale of production increases.

Therefore Constant returns to scale often occur when the output increase in exactly the same way or the same proportion as the factors of production.

4 0
3 years ago
Paula is considering the purchase of a new car. She has narrowed her search to two cars that are equally appealing to her. Car A
wolverine [178]

Answer:

Paula should purchase car B.

Explanation:

If Paula purchases car A, then her total payments will be $22,000 ($458.33 per month).

If instead she purchases car B, she will need to finance $20,200 for 3 years and her monthly payments will be $447.11. Total payments = $447.11 x 48 = $21,461.28.

this is an ordinary annuity and in order to calculate the monthly payment you must:

monthly payment = principal / annuity factor (PV, 0.25%, 48 periods) = $20,200 / 45.17869 = $447.1134511 = $447.11.

6 0
4 years ago
Priscilla is a trader of silver and diamond jewelry. Due to a recessionary trend in the industry, her business has not been maki
saveliy_v [14]

Answer:

The correct answer is: tolerance of uncertainty.

Explanation:

Even if the market for precious metals is facing a decline due to recession, Priscilla mortgaged her house so she can continue investing in her precious metals business. This decision reflects Priscilla's tolerance of uncertainty that comes to the surface when it is not confirm what the course of an event will be because the factors that determine the course are too ambiguous or even unknown. The adverse situation does not discourage Priscilla and she is being tolerant enough to decide to keep her business up and running.

8 0
4 years ago
An economy has an aggregate demand shortfall of $1200 billion and a GDP gap of $900 billion. The mpc is 2/3. The appropriate fis
Vadim26 [7]

Answer:

Change in government expenditure needed = 300

Explanation:

Multiplier 'k' = Change in Income / Change in Govt. expenditure =  dY / d GE = 1 / ( 1-MPC )

Desired change in Y, ie GDP = 900 billion , MPC = 2 / 3.

k = 1 / ( 1 - 2/3 ) = 1 / ( 1/3 ) = 3

3 = 900 / d GE

d GE = 900 / 3 = 300

Change in government expenditure = 300

5 0
3 years ago
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