Zack can reduce his variable expenses and channel that amount for any unexpected expenses or any other fixed expenses or for emergencies.
<h3>
What are variable expenses?</h3>
A variable expense may arise from month to month, it is variable in nature. But the amount you pay in any given month may be different from previous payments or future payments.
Examples of variable costs are Gas, Parking fees, Groceries, Eating out, Clothes, and many more.
Thus, Zack can reduce his variable expenses and channel that amount for any unexpected expenses or any other fixed expenses or for emergencies.
To learn more about variable expenses refer:
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Answer:
Chemical contaminants are chemicals toxic to plants and animals in waterways. The phrase 'chemical contamination' is used to indicate situations where chemicals are either present where they shouldn't be, or are at higher concentrations than they would naturally have occurred.
Explanation:
Answer:
C.
Explanation:
Efficiency is manifested in the proper use of time, and resources for an intended purpose. Meaning, it is doing things right.
Production efficiency is based on a business's ability to produce the highest number of units of a good while using the least amount of resources possible.
Also, is the comparison of what is actually produced or performed with what can be achieved with the same consumption of resources (money, time, labor, etc.).
In this example, the firm has already meet the efficient point. It is not possible to produce the same level of production with less resources.
Answer:
10.0 years
Explanation:
The computation of the payback period is shown below
We know that
Payback period = initial cost ÷ increase in net income
= $30,000 ÷ $3,000
= 10 years
As the depreciation expense is a non-cash expense so we dont considered it
Therefore the first option is correct
Answer:
C. Neither Mary nor Sharon can claim breach of contract.
Explanation:
Mary buys a lottery ticket and promises to buy her friend Sharon a new pair of shoes if she checks the lottery results while Mary is away.
Sharon agrees to do so, provided she has the time for it.
If Sharon fails to check the results and Mary wins the lottery, then it would be true of the contract between Mary and Sharon that Neither Mary nor Sharon can claim breach of contract.
The reason is Mary's promise is based on the condition that Sharon checks the result, Sharon's promise is based on the condition that 'if she has the time for it.'
The condition was not met by Sharon hence she cannot claim a breach of contract because she did not check the results, similarly, Mary cannot sue Sharon because sharon made it clear that she will only check If she has the time.
