The first category of start-up businesses are those formed as high-growth, often high-tech, ventures and are referred to as venture capital-backed firms.
<h3>What is venture capital?</h3>
Venture capital can be defined as a business financing strategy meant for startups which require high capital but also have high risk in return.
It is to be noted that a venture capital firms use their control of the companies they invest in to protect those investments.
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If the steps are small, a step-variable cost may be approximated using a Variable cost function without significant loss in accuracy.
<h3>Variable cost function</h3>
- An expense for the company that varies according to how much is produced or sold is called a variable cost.
- Depending on a company's production or sales volume, variable costs grow or fall. They climb as production rises and reduce as production declines.
- It is a production cost whose level fluctuates in response to shifts in a business's manufacturing activities.
- For instance, the raw materials required to make a product's components are regarded as variable costs because they frequently change depending on the volume of units produced.
- The total variable cost curve depicts the relationship between total variable cost and the volume of output produced graphically.
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Buy plants and give life to you self
Answer:
$118,000
Explanation:
Calculation to determine what Crane should report a pension asset / liability
Fair value of plan assets $740,000
Less Projected benefit obligation ($ 622,000)
Pension asset / liability $118,000
($740,000-$622,000)
Therefore Crane should report a pension asset / liability of $118,000
I think the answer is price, but I don't know
