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nlexa [21]
3 years ago
13

The total cost to the firm of producing zero units of output is A. its variable cost in both the short run and the long run. B.

its fixed cost in both the short run and the long run. C. its fixed cost in the short run and zero in the long run. D. zero in both the short run and the long run.
Business
1 answer:
likoan [24]3 years ago
4 0

Answer:

B. its fixed cost in both the short run and the long run.

Explanation:

As there is no production the fixed costs remains the same for short run and long run too, because there is no activity which might be used for these costs allocation in the short or long run. In the long run a fixed cost might behave as a variable cost if there is any activity involved. I the short run the fixed costs is considered as fixed whether there is any activity or not.

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Agribusiness firms that transport agricultural commodities, processed foods, and manufactured food products between different pa
Firdavs [7]

Answer:

Food distributors.

Explanation:

Food distributors bring fruit, vegetables, meats, and processed foods and other agricultural products to restaurants and grocery stores.

3 0
3 years ago
Suppose during 2017 that Federal Express reported the following information (in millions): net sales of $34,700 and net income o
qwelly [4]

Answer

given,

Net sale = $34,700

Net income = $94

Total assets at the beginning = $24,640

Total asset at the end of the year = $23,300

Average asset  =\dfrac{\$24,640 + \$ 23,300}{2}

                         =\$ 23,970 }

average turnover ratio = \dfrac{net\ sale}{average\ asset}

                                     = \dfrac{\$ 34,700}{\$ 23970}

                                      = 1.447

Return on asset  =  \dfrac{net\ income}{average\ asset}\times 100

                            = \dfrac{\$ 94}{\$ 23970}\times 100

                            = 0.39 %

4 0
3 years ago
If 200 people have been working on developing a new community that will feature houses and small businesses, what will happen to
gizmo_the_mogwai [7]
The PPC will, of course, grow as the community is working hand in hand towards development. Small businesses will create jobs for the members of the community. But if 100 people will withdraw from the developing community, it will still be normal as long as they will know how to adjust with the current developments that they have done.
7 0
4 years ago
At year-end, Chief Company has a balance of $10,000 in accounts receivable, of which $9,000 is within 30 days and $1,000 is over
vlada-n [284]

Answer:

  • What is the amount of bad debt expense?

Bad debt expense $ 90

Explanation:

The initial account balance was

  • Initial Balance  

Accounts Receivable $ 10,000  

Allowance for Uncollectible Accounts  $ 100

The aging of accounts receivable method indicates that the Allowance for Uncollectible Accounts must have a $190 balance.

Acc. Rec  Allow.  

$ 9,000   $ 90 1% 1-30 days

$ 1,000    $ 100 10% more than 30 days

$ 10,000   $ 190  

The journal entry adjustment add up to the balance of Allowance for Uncollectible Accounts to complete the $190 indicated by the aging of accounts receivable method.

Bad debt expense $ 90  

Allowance for Uncollectible Accounts  $ 90

  • So the final balance of accounts are:

Final Balance  

Accounts Receivable $ 10,000  

Allowance for Uncollectible Accounts  $ 190

7 0
4 years ago
When a group wants to achieve a consensus or unanimous decision, the responsibility of the chair is to be constantly attentive t
Dmitriy789 [7]

Answer:

The correct answer is Introduce unnecessary ground rules or let the parties suggest them to distract. Introduce internal information that will help illuminate the issues and interests.

Explanation:

The decision by consensus is a decision process that seeks not only the agreement of the majority of the participants, but also pursues the objective of resolving or mitigating minority objections to reach the most satisfactory decision. At the same time consensus means: a) a general agreement, b) a process to reach that agreement. Decision-making by consensus is primarily about the process.

It has been said that true consensus implies "meeting everyone's needs." Decision-making by consensus attempts to denigrate the role of factions or parties and promote the expression of individual voices. The method also increases the probability of unforeseen or creative solutions by juxtaposing dissimilar ideas, as it seeks to minimize the objection; It is very popular in voluntary organizations, where decisions are made when there is generally broad approval. The consensus method is desirable when it is unlikely to force compliance with the decision, just as if each participant independently adopted the same unanimous decision.

7 0
4 years ago
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