Answer:
C. None of these would be considered a fixed cost.
Explanation:
Fixed cost is a cost that do not vary with any level of output. It is a cost that does not change irrespective of an increase or decrease in a company's production output.
Example of fixed cost are interest payment on loan, payment of rent, depreciation and cost of land acquisition. All these costs remain the same no matter how high or low production output is.
As in the case above,
•The cost of rope would form part of the total cost (which is sum of all the cost expended by a company in certain production output) and NOT a fixed cost because the rope is used to prepare the final packaged product.
•The packaging material would also form part of the total cost. The cost expended on this material is what makes it a total cost as it forms part of the final production output.
•Employee wages would be regarded as variable cost(cost that vary with the level of output) because it is a production company, hence employee's wages will be dependent on the number of products they are able to produce.
Depending on the type of accounting assignment you have. Actually, the owners equity is the assets<span> minus the amount of liabilities.</span>
Answer:
Provide a device through which the credit-creating activities of banks can be controlled
Explanation:
The legal reserve requirement is the minimum amount mandated by Central banks for banks to have as their minimum reserves.
The legal reserve requirement is used by the government as a means to control the supply of money in the economy.
If the central bank wants to reduce money supply, it increases the legal reserve requirement and if it wants to increase money supply, it reduces the legal reserve requirement.
A high reserve requirement reduces the amount that banks can make available for loans.
I hope my answer helps you
Answer:
It will take 2.79 years to cover the initial investment.
Explanation:
Giving the following information:
Project A costs $6,000 and will generate annual after-tax net cash inflows of $2,150 for five years.
<u>The payback period is the time required to cover the initial investment:</u>
Year 1= 2,150 - 6,000= -3,850
Year 2= 2,150 - 3,850= -1,700
Year 3= 2,150 - 1,700= 450
<u>To be more accurate:</u>
<u></u>
(1700/2150)= 0.79
It will take 2.79 years to cover the initial investment.
The two key takeaways from using auto-drafting to pay your bills are:
- Payment is faster.
- There is less hassle making payments for multiple bills.
<h3>What is Auto Drafting?</h3>
This refers to setting up of periodic payments for a particular set of bills which deducts an amount from a checking account.
Some of the advantages of making use of auto-drafting to pay your bills includes:
- Easier automatic payment.
- Ability to avoid late payments.
- No need to set reminders, etc
Read more about auto drafting here:
brainly.com/question/24579126
