The "invisible hand" concept suggests that

skad [1K]

Answer:

see below

Explanation:

Operating expenses are the cost a business incurs while engaging in its normal business operations. They are the costs not directly be attached to the production process. A business incurs operating expenses in managing it day to day activities. They exclude one time expenses such as judgment cost, accounts adjustments, and other non-recurring costs.

Operating expenses are classified into administrative, selling, and general expenses. Businesses cannot avoid operating expenses; hence the management should strive to keep them as low as possible. Examples of operating expenses include rent, salaries, employee benefits, transport, depreciation, repairs, taxes, sales commissions, amortization, and pension contributions.

3 0

3 years ago

Corporations in other countries are often called:

inn [45]

Answer:

The answer is public limited companies

Explanation:

Public limited company (PLC) is a terminology used in commonwealth nations to refer to limited liability company whose shares are available to the general public. In the US and other countries, a PLC is referred to as corporation. PLC's shares can be acquired by any person through trading in the stock market or an initial public offer.

A PLC or corporation can be listed or not listed on a stock exchange. Under law, a PLC is supposed to publish its true financial position so that shareholders can know the worth of the shares they hold.

5 0

3 years ago

Read 2 more answers

Jamie McFarland has determined that the value of her liquid assets is $4,500, the value of her real estate is $128,000, the valu

Ksivusya [100]

Answer:

$105,500

Explanation:

8 0

3 years ago

The Keweenaw Sunshine Development Corporation reported the following for the year ended December 31, 2018: 1/1/18 12/31/18 Disco

kenny6666 [7]

Answer:

$49,000

Explanation:

To calculate the amount of cash Keweenaw pay for interest during 2018, the interest payable at 12/31/18 is subtracted from the addition of interest payable at 1/1/18 and interest expenses during the year as follows:

Amount of cash paid for interest = $19,500 + $47,750 - $17,350 = $49,900

Therefore, the amount of cash Keweenaw pay for interest during 2018 is $49,000.

7 0

3 years ago

The following data relates to units shipped and total shipping expense for the Adams Company. Month Units shipped Total Shipping

Ann [662]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Month - Units shipped - Total Shipping Expense

January: 3 - $1,300

February: 6 - $1,600

March: 4 - $1,400

April: 5 - $1,500

May: 7 - $1,700

June: 8 - $1,800

July: 2 - $1,200

First, we need to calculate the unitary variable cost using the following formula:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (1,800 - 1,200) / (8 - 2)

Variable cost per unit= 100

Now, we can calculate the fixed costs:

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 1,800 - (100*8)

Fixed costs= 1,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 1,200 - (100*2)

Fixed costs= $1,000

Finally, the total cost formula:

Total cost= 1,000 + 100X

X= units shipped

4 0

3 years ago