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3 years ago

If a cost's step-cost behavior follows very narrow steps, the costs may be approximated using:

Business

1 answer:

Alex777 [14]3 years ago

6 0

Answer:

The correct answer is (C) straight variable cost assumptions.

Explanation:

If the total cost increases with small increases in activity, it may be referred to as a step-variable cost.

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Quentin's 2014 net income was $5,000. no dividends were declared or paid during 2014. what was quentin's retained earnings balan

lions [1.4K]

$39,000 was Quentin's retained earnings balance on December 31, 2013.

Retained Earnings in the Beginning (December 31, 2013) =

2014 Retained Earnings - Net income =44,000-5,000 =39,000(Answer)

current Ratio = Current Assets / Current Liabilites =90,000 /72,000= 1.25

Calculating the outstanding balance is very simple. Simply divide the company's current assets by its current liabilities. Current Ratios are assets that can be converted into cash within one year, and current liabilities are liabilities expected to be repaid within one year.

current Ratio relate to the company's financial obligations to be paid within one year. A higher liquidity ratio is clearly advantageous for business. A good cash ratio is between 1.2 and 2. This means that the company has liquid assets twice as much as its liabilities to cover its liabilities.

Learn more about the current Ratio here: brainly.com/question/2686492

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3 0

2 years ago

You own a stock portfolio invested 22 percent in Stock Q, 23 percent in Stock R, 42 percent in Stock S, and 13 percent in Stock

Lina20 [59]

Answer: 1.20

Explanation:

The Portfolio beta will be a weighted average of the individual stock betas.

Portfolio beta = (22% * 0.88) + ( 23% * 0.94) + ( 42% * 1.34) + ( 13% * 1.79)

= 0.1936‬ + ‭0.2162‬ + ‭0.5628‬ + ‭0.2327‬

= ‭1.2053‬

= 1.20

5 0

3 years ago

Stagflation exists when prices:

tensa zangetsu [6.8K]

Answer:

The correct answer is (B)

Explanation:

Stagflation is a mixture of fusty monetary development, high unemployment, and high inflation. It's an unnatural circumstance since swelling should happen in a weak economy. In a typical market economy, slow development stops development. Accordingly, customer demand drops enough to prevent costs from rising. Stagflation is dangerous for economic growth and it leads a country towards depression.

5 0

3 years ago

Monette has posted over 100 book reviews on discussion forums. she also frequently reviews products and services and posts her r

IgorC [24]

The answer to this question is the term critic. Monette is considered a critic because she posted reviews on restaurants, etc and put it in her web blogs. A critic post comments, reviews, and even ratings on services and products through social media.

8 0

3 years ago

Stephanie, Inc. sells its product for $40. The variable costs are $18 per unit. Fixed costs are $16,000. The company is consider

Yuliya22 [10]

Answer:

It will increase

Explanation:

Before the purchase of the automated machine, break even point is computed as follows:

Sale price: $40

Less variable cost: $18

Therefore, contribution per unit = $40 - $18 = $22.

With fixed cost at $16,000, breakeven point in units = $\frac{Fixed Cost}{Contribution}$

= 16,000/22

Break even cost = 727.27 units.

With the purchase of the automated machine, break even point is computed as follows:

Sale price: $40

Less variable cost: ($18 - $2) = $16

Therefore, contribution per unit = $40 - $16 = $24.

Fixed cost = $16,000 + $5,000 = $21,000.

Breakeven point in units = 21,000/24

Break even cost = 875 units.

Therefore, breakeven point will increase as a result of the purchase of the automated machine.

4 0

3 years ago