Answer:
The variable expense is 36% of monthly expense i.e $2,016.
Explanation:
Data provided in the question:
Monthly income of Mr. Jones = $5,600
Fixed expenses = $2,912
Net income = 12% of monthly income = 0.12 × $5,600 = $672
Now,
Variable expense = Monthly income - Fixed expenses - Net income
= $5,600 - $2,912 - $672
= $2,016
Percent of variable expense =
Hence, the variable expense is 36% of monthly expense i.e $2,016.
Answer:
False
Explanation:
I've found that the Netflix is intuitive enough to not give R rated options after searching a kids movie
Answer:
The correct answer is: How this new decision would impact in the consumers?
Explanation:
To begin with, due to the fact that the company first offer a low price to its costumers and then eventually tend to charge a different price by offering something completely different then the consumers will find that situation pretty unpleasent due to the fact that first they had something better and that is the main reason why the sales for the sketchpad plummeted after making that new decision. Therefore that the company's employees may have asked themself before the question of how the new price would impact in the consumers eventually.
Answer:
Liquidity
Explanation:
Liquidity is the degree to which an asset can be converted to cash. Assets that can easily be converted are described as liquid assets and include stocks and bonds.
Illiquid assets are not easy to sell. These assets may take a long time to sell or may be sold at a much cheaper price than the purchase price in order to make a quick sale. These include real estate, motor vehicles etc.
Answer:
The amount of $ 2,540 is the checks that were outstanding on November 30.
Explanation:
The amount of the outstanding checks will be shown as:
Amount of outstanding checks = Checks wrote in October + Checks wrote in November - Checks cleared in October - Checks cleared in November
where
Checks wrote in October amounts to $34,160
Checks wrote in November amounts to $37,300
Checks cleared in October amounts to $32,480
Checks cleared in November amounts to $36,440
Putting the values above:
Amount of outstanding checks = $34,160 + $37,300 - $32,480 - $36,440
= $71,460 - $68,920
= $2,540