The answer is income statement, balance sheet, and statement
of cash flows. The income statement defines how the assets and
liabilities were used in the specified accounting period. The cash flow
statement clarifies cash inflows and outflows, and it
will eventually disclose the amount of cash the corporation
has on hand, which is also stated in the balance sheet.
Answer:
Avoidable costs
Explanation:
An avoidable cost is defined as one that an entity will not incur if a particular activity is not undertaken.
In business operations avoidable costs are usually variable costs. These are costs that vary or change in the cost of production. For example wages, cost of raw materials, and labour. These can be avoided depending on business needs.
Costs that are not avoidable are fixed cost. For example rent, insurance, and utilities.
These costs are paid wether production occurs or not.
Answer:
$651
Explanation:
For computation of Break-even monthly rent per apartment first we need to find out the monthly rent which is shown below:-
Monthly costs = Mortgage payment + Real estate taxes + Insurance costs + Maintenance costs
= $940 + ($1,440 ÷ 12) + ($900 ÷ 12) + (2 × ($1,000 ÷ 12)
= $940 + $120 + $75 + $167
= $1,302
Break-even monthly rent per apartment = Monthly costs ÷ 2
= $1,302 ÷ 2
= $651
Therefore we have applied the above formula.
We ignored the income tax as it is not relevant also it is tax deductible expense
A survey is a study in which people in a sample are all asked the same questions. A survey is either done by flyer, email, or phone survey that will ask a sample group of people different questions. The survey allows for respondents to answer questions regarding their experience or thoughts on something. A company can gain a lot of insight because they are able to compare answers to the questions.
