All categories

3 years ago

What would happen if your boss at the bookstore asked you to decrease some of the business' variable costs

Business

1 answer:

vekshin13 years ago

6 0

Answer: d.You would find less expensive designer for the store’s advertising posters.

Explanation:

Going by the options give, the best option would be D. This is because option A talks about location which is a fixed cost while b talks about the business insurance policy which is also a fixed cost. Option C is about the internet service provider which is also another fixed cost.

Option D however is not a fixed cost as it relates to advertising. Advertising is a variable cost and so in obeying the directive from the boss, this is the cost that would need to be reduced by finding a less expensive designer.

You might be interested in

Stew Beauf is a self-employed surfboard-maker in 2019. His Schedule C net income is $152,800 for the year. He also has a part-ti

NikAS [45]

The answer to this question is $356,567

6 0

3 years ago

An annuity Question 6 options:

Nady [450]

Answer:

is a level stream of equal payments through time.

true. The payments will remain at the same levle for the entire period of the annuity until maturity.

Explanation:

is a debt instrument that pays no interest.

FALSE the annuity does provide interest for each period when is prepared.

Has no value.

FALSE the annuity can be saled in the secondary market pretty much anitime.

is a stream of payments that varies with current market interest.

FALSE the payment will be the same regardless of the interest rate.

5 0

3 years ago

Read 2 more answers

Ajax, Inc., issued callable bonds with a par value of $1,000,000 that require the payment of a call premium of $10,000. The bond

almond37 [142]

Answer:

bonds payable 1,000,000 debit

loss on redemption 20,000 debit

discount on bonds 10,000 credit

cash 1,010,000 credit

--to record tyhe call of the bonds on September 30th--

Explanation:

par value of the bonds: 1,000,000

call premium: <u> 10,000</u>

total cash disbusements: 1,010,000

carrying value 990,000

loss on redemption 20,000

<u>Notice: </u>It is a loss as we are paying more than the aliability is worth

discount/premium:

face value 1,000,000

carrying value 990,000

discount 10,000

We write off the bonds account: bond payable and bon discount

we debit the loss and credit hthe cash disbursments

8 0

3 years ago

Determine whether each policy below is good or bad cash management; then identify the cash management strategy violated or follo

sertanlavr [38]

Answer: Please refer to Explanation.

Explanation:

a. The company regularly follows up with customers who pay late.

This is GOOD.

Cash Management Strategy - Collection of Accounts Receivables on time to maintain cash balance.

b. Excess cash is put into short-term investments to earn extra income.

This is GOOD.

Cash Management Strategy - Earning extra income on idle cash by investing in short-term liquid investments.

c. Cash receipts and cash payments are regularly planned and reviewed.

This is GOOD.

Cash Management Strategy - Cash Planning to establish a correct balance between payments and receipts.

d. Rarely used equipment is rented rather than purchased.

This is GOOD

Cash Management Strategy - Saving money by spending economically only when needed.

e. Bills are paid as soon as they are received.

This is BAD

Cash Management Strategy - Paying bills when due to ensure that operating cash balance is maintained at a healthy level.

If you need any clarification do comment.

Cheers.

6 0

3 years ago

About 35 percent of online consumers are interested in customizing product features or in purchasing build-to-order products tha

yaroslaw [1]

Answer: (D) Form Utility

Explanation:

The form utility is one of the type of concept that helps in increasing the actual value of the products in the market and in the form utility following example are the type of finished product that the customers are willing to purchase are as follows:

Electronics products
Furniture type goods
Parts of vehicle

According to the given question, the given situation is helps in demonstrating that the electronic commerce plays an important contribution to the consumers value by the creating of the form utility.

Therefore, Option (D) is correct answer.

5 0

3 years ago