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True [87]
3 years ago
13

Markup represents an amount needed to cover operating expenses. a. True b. False

Business
1 answer:
Illusion [34]3 years ago
8 0
Operating expenses are taken from the normal business operation such as administrative or selling expense. It is part of the operating cost. Markup is defined as the amount added to the cost of goods to fix a selling price. So, to answer the question above: True.
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Questions are in the picture. Thanks!
Bogdan [553]

Answer:

i dont know i need points

7 0
2 years ago
A statute that imposes a 10-year jail sentence for driving while intoxicated would be best classified as _______________________
tester [92]

Answer:

a. Civil, procedural, and public.

Explanation:

A statute that imposes a 10-year jail sentence for driving while intoxicated would be best classified as civil, procedural, and public.

7 0
3 years ago
Data for Hugh’s Corporation is provided below. Hugh’s recently acquired some risky assets that caused its beta to increase by 30
I am Lyosha [343]

Answer:

The stock's new expected rate of return is 14%

Explanation:

Ke=Rf+beta(Mrp-Rf)

Ke is the cost of capital is 10.20%

Rf i the risk free rate which is unknown

beta is 1.00

(Mrp-Rf) is the market risk premium at 6%

10.20%=Rf+1.0(6%)

10.20%=Rf+6.0%

Rf=10.20-6.00%

Rf=4.20%

Beta for the risky asset is 1.00*130%=1.3

New risk rate is the old rate plus inflation rate of 2.00%

new risk free=4.2%+2%=6.2%

The expected return on the new asset is computed thus:

Ke=6.2%+1.3(6%)

Ke=6.2%+7.8%

Ke=14%

3 0
3 years ago
The Armstrong Corporation developed a flexible budget for its production process. Armstrong budgeted to use 10 comma 000 pounds
KIM [24]

Answer:

$192,000 unfavorable

Explanation:

The computation of the material price variance is shown below:

= Actual Quantity × (Standard Price - Actual Price)

= 24,000 pounds × ($15 per pound - $23 per pound)

= 24,000 pounds × $8 per pound

= $192,000 unfavorable

Simply we take the difference between the standard price and the actual price and then multiplied it by the actual quantity so that the accurate price variance could come

4 0
3 years ago
For a business to continue, money must be available to finance future growth. <br> t or f
skelet666 [1.2K]
This is true!
Hope this helps. :)
3 0
3 years ago
Read 2 more answers
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