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Sophie [7]
3 years ago
8

The accounting hired by Forever Fitness have determined total fixed cost to be $75,000, total variable cost to be $130,000, and

total revenue to be $125,000.
Because of this information, in the short run, Forever Fitness should:


a) lower their prices to increase their profits.

b) stay open because the firm is making an economic profit.

c) stay open because shutting down would be more expensive.

d) shut down because staying open would be more expensive.
Business
1 answer:
yan [13]3 years ago
5 0

Answer:

Option D. Shut down because staying open would be more expensive.

Explanation:

The reason is that the total variable cost is lower than the total revenue which means the company can not reduce its variable cost so it is meaningless to produce the product. So the best option left is not to generate loss by simply shutting down the business.

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Answer:

Correct option is A

“The flow of dollars between sellers of jewelry and clothing and buyers of jewelry and clothing” is the correct option  

Explanation

It is a curve which shows various combination for the amount of two goods among which they can be produced with in the given available resources. Thus, it shows that the maximum amount of output is produced with the help of given resource.  

4 0
4 years ago
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A category that is not in the chart of accounts is
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Let's look at the Accounting Equation = Assets = Liabilties + Stockholders' Equity

For most businesses, their chart of accounts will include Current Assets (or Short Term Assets) as well as Long Term Assets. An example of a current asset if cash, and a building is a long term asset.

Short term and long term Liabilities are also included too - money you owe. A Note Payable is a long term example, Interest Payable is a short term one.

Stockholders' Equity is one too - these include your stocks, your retained earnings.

But, expect for Retained Earnings, the names of your <em>statements </em>are not. So "Balance Sheet" is not a category, nor is "Cash Flows Statement".

6 0
3 years ago
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Jen is a sales manager for a large car dealership. She motivates her salespeople, provides leadership, teaches her sales teams t
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Answer: directing function

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In the given case, Jen is motivating and teaching her employees and after that she is evaluating the result of performance.

Hence from the above we can conclude that she is performing directing function.

3 0
4 years ago
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Answer:

The correct answer is letter "A": nonequivalent group.

Explanation:

While conducting studies, nonequivalent groups are those where the target audience is not selected randomly. Instead, the participants are chosen generating another group represented by all those individuals who match the research criteria but, because of a reason, were not selected.

<em>There are different types of nonequivalent groups such as posttest only nonequivalent groups or pretest-posttest nonequivalent groups, for instance.</em>

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3 years ago
In a certain country, the labor force is 30 million and the unemployment rate is 5 percent. what is the amount of unemployed ind
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Given the number of the total population who belonged in the work or labor force which is 30 million, and the recorded percentage of those who are unemployed is 5 percent, this means that a number of unemployed individuals in this country is 1,500,000. Hope this helps.
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