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3 years ago

Classify the following as fixed or variable costs:

Business

1 answer:

adelina 88 [10]3 years ago

6 0

Answer:

Fixed cost: Interest on company-issued bonds, Real estate taxes, Executive salaries, Insurance premiums, Wage payments, Depreciation and obsolescence charges, Sales taxes, Rental payments on leased office machinery

Variable cost: Fuel, Shipping charges, Payments for raw materials,

Explanation:

Fixed costs are costs that are not changed regardless of quantity of goods being produced such as rent for equipment, taxes, depreciation and so on.

Variable costs are costs that change with regard to the quantity of goods being produced such as cost of raw materials, cost of packaging and so on.

Example of fixed and variable costs are:

Fixed cost: Interest on company-issued bonds, Real estate taxes, Executive salaries, Insurance premiums, Wage payments, Depreciation and obsolescence charges, Sales taxes, Rental payments on leased office machinery
Variable cost: Fuel, Shipping charges, Payments for raw materials,

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If the market maker is willing to purchase the entire block of 1,500 shares from Amara and, from that block, resell 1,000 shares

NeTakaya

Answer:

$1,300

Explanation:

Calculation to determine what the market maker’s net profit from Brent’s transaction

First step is to calculate the bid-ask spread using this formula

Bid-ask spread=Ask price-Bid price

Let plug in the formula

Bid-ask spread=$31.80-$30.50

Bid-ask spread=$1.30

Now let calculate the Net profit

Using this formula

Net profit=Bid-ask spread*Shares resell

Net profit=$1.3 x 1000 shares

Net profit=$1,300

Therefore the market maker’s net profit from Brent’s transaction will be $1,300

3 0

3 years ago

Suppose a group of people read an article on capital punishment. Prior to reading the article, 60% of the members of the group w

Arturiano [62]

Answer:

According to studies of human decision-making, the most likely is:

c. After reading the article, all members of the group oppose capital punishment.

Explanation:

The article, provided for reading by supporters and opposers, will likely sway the 40% of the group, who are initially supportive of capital punishment, to now oppose capital punishment,especially if the article critically opposes capital punishment. There is no way majority of the group will support capital punishment. Therefore, options a and b are incorrect. For option d, after reading the article, the opinions of some opposers and supporters may shift either way. They will not remain the same as before. This rules out option d, leaving only option c as the correct option.

7 0

3 years ago

Scotch Inc. arranged a $7,000,000 revolving credit agreement with a group of banks. The firm paid an annual commitment fee of 0.

baherus [9]

Answer:

$575,000

Explanation:

Data provided:

The total amount for the credit agreement = $7,000,000

The amount borrowed by the firm = $6,000,000

The annual commitment fee for the unused balance = 0.5%

Prime rate of interest = 8%

Interest paid above the prime rate = 1.5%

Now,

the unused amount = $7,000,000 - $6,000,000 = $1,000,000

The amount of commitment fees paid

= total unused amount × Annual commitment fees

= $1,000,000 × 0.005

= $5000

Total interest paid on the borrowed amount

= Amount borrowed × (prime rate + additional rate)

= $6,000,000 × ( 0.08 + 0.015)

= $6,000,000 × 0.095

= $570,000

Hence,

the total dollar annual cost of the revolver

= interest paid on the borrowed amount + amount of commitment fees paid

= $570,000 + $5000

= $575,000

4 0

3 years ago

You are speaking with a customer who wants to cancel their subscription because of a family emergency. You told the customer tha

Karolina [17]

Based on the fact that the subscription is non refundable, it is important that you calmly reassert the position of the company and commiserate with them.

<h3>What is Customer Care?</h3>

This refers to a group of people who are in charge of listening to customer complaints about a particular brand of goods or services.

WIth this in mind, we can see that the best thing to do with this person in this case is to calmly reassert the situation and if the customer is adamant, escalate the issue to the appropriate authorities.

Read more about customer care here:
brainly.com/question/13642781

5 0

2 years ago

The marketplace sets the price for wheat, so farmers who are trying to sell their wheat crops do not need a pricing strategy and

jek_recluse [69]

Answer:

The correct answer is option c.

Explanation:

The only kind of market structure where the price is set by market forces and not the firms is pure competition. The firms in other market structures such as oligopoly, monopoly and monopolistic competition are price setters.

The market for wheat is a pure competition as there is a large number of sellers who are producing identical products. The firms are price takers and the price is determined by market forces.

5 0

3 years ago