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Anuta_ua [19.1K]
3 years ago
7

Expenses that support the overall operations of a business and include the expenses relating to accounting, human resource manag

ement, and financial management are called:
A. Cost of goods sold.
B. Selling expenses.
C. Purchasing expenses.
D. General and administrative expenses.
E. Non-operating activities.
Business
1 answer:
Lubov Fominskaja [6]3 years ago
7 0

Answer:

the correct option is D) General and administrative expenses.

Explanation:

Expenses that support the overall operations of a business and include the expenses relating to accounting, human resource management, and financial management are called General and administrative expenses.

Additional examples of expenses in this category include rent, advertising, marketing, litigation, travel, meals, management salaries and bonuses.

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Sister Pools sells outdoor swimming pools and currently has an aftertax cost of capital of 11.6 percent. Al's Construction build
Aloiza [94]

Answer:

$1,952 (Positive NPV)

Explanation:

Year   Annual CF ($)   PV factor at 10.30%    PV of Cash Flow ($)

1               17,000                  0.90662                         15,413

2              17,000                  0.82196                          13,973

3              17,000                   0.74520                         12,668

4              17,000                   0.67561                          11,485

5              17,000                   0.61252                          10,413

6              17,000                   0.55532                          9,441

7              17,000                    0.50347                          8,559

TOTAL                                    1.73554                          81,952

Net Present Value (NPV) = Present value of annual cash flows - Initial Cost

Net Present Value (NPV) = $81,952 - $80,000

Net Present Value (NPV) = $1,952 (Positive NPV)

8 0
3 years ago
When starting a new job the form you complete to determine how much tax to withholding from your paycheck is called the
Mnenie [13.5K]
I believe its the W-4 tax form. at least that is what i was told
3 0
3 years ago
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Most financial advisors say you'll need about 70 percent of your pre-retirement earnings to comfortably maintain your pre-retire
brilliants [131]

Answer:

False

Explanation:

8 0
3 years ago
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A building with an appraisal value of $132,970 is made available at an offer price of $154,091. The purchaser acquires the prope
BartSMP [9]

Answer:

Total purchase value (Cost basis) = $105,770

Explanation:

Given:

Appraisal value = $132,970

Offer price = $154,091

Cash amount = $30,971

Notes payable = $22,282

Mortgage amount = $52,517

Find:

Total purchase value (Cost basis)

Computation:

Total purchase value (Cost basis) = Cash + Notes payable + Mortgage amount

Total purchase value (Cost basis) = $30,971 + $22,282 + $52,517

Total purchase value (Cost basis) = $105,770

7 0
3 years ago
When the economy is hit with a supply shock, such as oil prices rising from $25 a barrel to $75 a barrel, why is this doubly dis
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When the economy is hit with a supply shock, especially if it is something as important as the oil, and its price doubles or triples, than the whole economy will suffer.

The reason for that is that the oil (since we took it as example) is not influencing only the people and the companies that use as fuel, but it affects the prices of pretty much all products. Such an increase in the price will result in much bigger expenditure by the production facilities. The transportation companies will also have much increased expenses. And that will result in a much increased price in most of the products. That will hit the people very hard on their pockets, as they will come in a situation where their wages are the same as they were, but the prices of everything went significantly up in no time.

8 0
3 years ago
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