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3 years ago

HELP PLEASE

Business

2 answers:

Ksju [112]3 years ago

7 0

Answer:

Secured credit is backed by an asset equal to the value of a loan, while unsecured credit is not guaranteed by a material object.

Explanation:

bearhunter [10]3 years ago

7 0

Answer:

Secured credit is backed by an asset equal to the value of a loan, while unsecured credit is not guaranteed by a material object.

Explanation:

edge 2020

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Assume that the cost of aluminum used by soft-drink companies increases. Indicate which of the following statements describing

spayn [35]

Answer:

a. false

b. true

c. true

d. false

Explanation:

a. The first statement is false as the demand for the soft drink do not declines

b. The second statement is true as the quantity demanded decreased

c The third statement is true as the supplied decreased

d. The fouth statement is false as the quantity suppied do not decline

Therefore the option b and C are correct and option A and D are incorrect

5 0

4 years ago

Which of the following is an example of a variable cost?

kifflom [539]

Answer:

Utilities

Explanation:

Variable costs are expenses that vary proportionately with the changes in production level. Should production level rise, variable costs increases. Variable costs form the majority of the direct cost of production.

Unlike fixed costs, the monthly bill for variable costs will keep fluctuating. In this scenario, utilities represent the variable cost. Expenses on electricity, water and other consumables will vary from time to time. With a high level of production, consumption of power and water will be high.

Rent and insurance cost will remain the same regardless of production level. A professional fee is an overhead expense. It is not an input in the production process.

8 0

3 years ago

Read 2 more answers

If a country's GDP is $10 billion and its population is 250,000, what is<br> its per capita GDP?

ruslelena [56]

Answer:

4000

Explanation:

7 0

3 years ago

Frazier Company sells women's ski jackets. The average sales price is $272 and the variable cost per jacket is $122. Fixed Costs

padilas [110]

Answer:

b. $2,205,000

Explanation:

We know,

Contribution Margin = Sales (Revenues) - Variable Cost (expense)

Contribution margin is the difference between sales and variable cost.

Given,

Sales per unit = $272

Variable cost per unit = $122

Sales volume (Number of Ski Jackets) = 14,700 jackets

Now, we use contribution margin format income statement to determine the contribution margin for 14,700 jackets.

Sales ($272 × 14,700 jackets) $3,998,400

<u>Less: Variable expense ($122 × 14,700 jackets) $(1,793,400)</u>

Contribution Margin [($272 - 122) × 14,700 jackets] = $2,205,000

Therefore, option B is the answer.

4 0

4 years ago

The various tasks in IBM's manufacturing plant are arranged so that one worker draws the wiring, another strengthens the wires,

Scilla [17]

Answer: Specialization

Explanation:

The job specialization is the one of the concept that basically focuses on the special areas and also the expertise in which the people perform various types of tasks based on their abilities.

The job specialization is one of the important factor that helps the organization for achieve the desired goals and also increase the growth of the business quality.

According to the given question, the IBM's manufacturing plant are basically arranged by the workers in more efficient way where the one worker performed the duty by drawing the strengthen of the wiring and other workers doing their expertise task.

Therefore, the above given example is refers to the job specialization.

4 0

4 years ago