Answer:
C. not increase proportionally with sales if the existing level of fixed assets is sufficient to support current sales.
Explanation:
The total assets comprises of current assets, fixed assets and the intangible assets
.
The current assets includes cash, stock, account receivable, etc
Fixed assets include plant & machinery, land, equipment, furniture & fittings, etc.
And, the intangible assets include patents, copyrights, goodwill, etc.
If the existing level of the fixed asset is enough to support the current assets so the projected fixed assets balance would not be increased proportionally with the increase in sales
Answer:
The effect that causes Corey's quantity demanded of a frozen dinner to increase is known as income effect
Explanation:
Income effect refers to the change in consumption pattern or in the amount of the good consumed as a result of changes in the consumer's utility and purchasing power. Income effect can be positive or negative.
Here, Corey derives some utility from consuming a frozen dinner (an inferior good). Therefore, as the price increases, the income effect will induce Corey (the consumer) to purchase more.
Answer:
False
Explanation:
Katie's S704(c) allocation = $90,000 (basis of the transferred property) - $100,000 (debt) = $10,000
The remaining debt of the partnership = $100,000 - $10,000 = $90,000
Katie's basis in the partnership = 50% x remaining debt = 50% x $90,000 = $45,000
Property taxes on the factory building is an example of a committed fixed cost at Bennett, Inc.
<h3>What are committed fixed cost?</h3>
The costs necessary to maintain current production capacity are referred to as committed fixed costs or capacity costs. These expenses result from top managers' long-term choices regarding the scope and makeup of their firm.
committed fixed costs are essential for the efficient functioning of a business, and their absence may disrupt such operations, which could have a real effect on the organization.
For businesses, property taxes are a fixed expense. The taxes normally don't vary and are only adjusted for improvements in the value of the related asset or facility. However, property taxes typically remain constant from year to year.
To know more about fixed cost refer to: brainly.com/question/14597388
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Answer:
The correct answer is (C)
Explanation:
There are various steps evolved in employing someone for a job. A screening test, interview and written test, all are the stages which a candidate must pass to get a job. A pre-employment screening test is used to determine if a candidate has the minimum education required for open jobs. It helps to screen-out non-essential candidates from the group.
