Answer:
Marginal cost, average variable cost, and average total cost will increase. Average fixed cost will not change.
Explanation:
Marginal Cost is the change in total cost as a result of producing one extra unit of output.
Variable cost is cost that varies with output level. Average variable cost = variable cost / quantity produced
Fixed cost is cost that doesn't vary with the level of output produced. Average fixed cost = Fixed cost / quantity produced.
Total cost is the sum of fixed and variable cost. average total cost is total cost / quantity produced.
If the price of supplies increase, the cost of production increases and average total cost, average variable cost and marginal cost would increase.
Fixed cost would remain the same.
I hope my answer helps you
The term new normal
refers to a wide variety of context wherein something that was considered
abnormal before has found its commonplace or sort of became a norm. It is referenced
from the financial crisis during 2007-2008 and the global recession from
2008-2012.
The market interest rate is often called the effective interest rate. It is also known as the yearly equivalent rate, the effective interest rate, and the effective rate (AER).
The true return on a savings account or any other interest-paying investment is known as the effective annual interest rate when the advantages of compounding over time are taken into consideration. Additionally, it shows the precise percentage rate of interest on all unpaid debts, such as credit card balances and loans.
The effective yearly interest rate serves as a proxy for the actual interest rate on a loan or investment. The most important feature of the effective yearly interest rate is the fact that it takes into account the fact that greater effective interest rates will arise from more frequent compounding periods.
To know more about interest rates click here,
brainly.com/question/1314830
#SPJ4
<span>This is a growth strategy. The company, since it is in a good financial position, does not need to take a stability track to maintain its standing. Taking advantage of the opportunities they have found will give Smith Plumbing the ability to grow and become a more profitable business.</span>
Answer: $480,000 is the taxable income for year 5 reported by Paring report.
Given:
Pretax financial income = $550,000
Current tax expense = $144,000
Effective income tax rate is 30%
Taxable income is computed as :
Taxable income = Tax expense ÷ Current tax rate
Taxable income = $144,000 ÷ 30%
<u><em>Taxable income = $480,000</em></u>
