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Aleks04 [339]
3 years ago
8

Last year, Flash Company sold 15,000 units of its only product. If sales increased by 20% in the current year, how will total va

riable cost and total fixed cost be affected? Total Variable Cost Total Fixed Cost A) Remains constant Remains constant B) Increases Decreases C) Increases Remains constant D) Remains constant Decreases E) Remains constant Increases
Business
1 answer:
Alchen [17]3 years ago
8 0

Answer:

C) Increases Remains constant

Explanation:

As we know that

The variable cost is the cost that varies when the level of output changes while the fixed cost is the cost that remains unchanged whether or not the level of output changes

So in the given case, the sales are increased by 20% that results in an increment of variable cost and the fixed cost would remain the same

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Jonathan (an individual) owns 100% of the stock of Husky, Inc. (a C corporation) and 100% of the stock of Calhoun, Inc. (another
BaLLatris [955]

Answer: A. As Expenses

B. No treatment.

Explanation:

A. The $100,000 was not structured and a loan so it will be accounted for as EXPENSES. This means that it will be deducted from the Income for the year from Calhoun's books.

B. A C Corporation is by definition taxed SEPARATELY from it's owners in the United States of America. Seeing as both Corporations were C Corporations, Jonathan as the owner of both companies need not worry about how he should treat the $100,000 payment as he will not ne taxed on it.

8 0
3 years ago
Suppose the economy is in long-run equilibrium. If there is a sharp increase in the minimum wage as well as an increase in taxes
sergiy2304 [10]

Suppose the economy is in the long run equilibrium. If there is a sharp increase in the minimum wage as well as an increase in taxes then in the short run, real GDP will

  • fall and the price level might rise, fall, or stay the same. In the long run, the price level might rise, fall, or stay the same but real GDP will be lower.

Given that this economy is in the long run equilibrium. Given a sharp increase in minimum wage and taxes, then real GDP will decrease in the short run as well as the price level.

In the long run it may stay the same. But the Real GDP will definitely be lower.

Read more on brainly.com/question/15544413?referrer=searchResults

3 0
2 years ago
Proponents argued that fiscal stimulus was appropriate after the 2008 financial crisis because most major economies had _____ un
MArishka [77]
The answer is high unemployment and low inflation. The money related emergency of 2007–2008, otherwise called the worldwide monetary emergency and the 2008 budgetary emergency, is considered by numerous business analysts to have been the most exceedingly terrible monetary emergency since the Great Depression of the 1930s.
3 0
3 years ago
PLEASE HELP ASAP!!! Which statement describes a strategy for improving ones organization and time management at work ?
notsponge [240]
The answer is the 3rd one.

My explanation would be that the other reasons listed are for personal use such as friends birthdays, music, and a new clock, but the third answer is listing things appropriate for a business.

Hope I helped !
7 0
2 years ago
Fruited Plain, Inc, agrees to sell high-quality grain seed to Grange Co-op. Because only half of the quantity ordered is availab
tatyana61 [14]

Answer:

A) attempt to cure the defect

Explanation:

In this scenario Grange Co-op is recieving high quality seed from Fruited Plain. Only half of the high quality seed is available, the other half is made up of lower quality seed that is half the price of the higher quality one.

Since time for performance is not yet expired the best option for Fruited Plain is to attempt to cure the defect in the lower quality seeds and make them high quality.

They also have a lower cost of half what would have been spent on the remaining seeds. This fund can be used to cure the defect in lower quality seeds

8 0
3 years ago
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