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ziro4ka [17]
2 years ago
12

An example of a fixed cost is

Business
2 answers:
Art [367]2 years ago
7 0

Answer:

A) Rent

Explanation:

This is a fixed cost because rent generally does not change.

Sonja [21]2 years ago
4 0
A-rent (got right on test )
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The contracting of physical distribution tasks to third parties who do not have managerial authority within the marketing channe
mote1985 [20]

Answer: The contracting of physical distribution tasks to third parties who do not have managerial authority within the marketing channel is known as outsourcing.

Explanation: Outsourcing can be a great move for many companies because often times they are able to receive the product cheaper through cheaper labor or have a supplier that focuses on just that one thing develop it better. Outsourcing allows someone who is better skilled in a particular area make a good or act on a service rather than the initial company.

5 0
2 years ago
Ocean City Kite Company sells kites for $11.50 per kite. In FY 2019, total fixed costs are expected to be $250,000 and variable
Dmitry_Shevchenko [17]

Answer:

40,000 kits

Explanation:

The computation is shown below:

Number of kits required to be sold to meet the goal = Total Contribution Margin Required ÷ Contribution Margin per Unit

where,

Total contribution margin required is

= Total fixed cost + operating income

= $250,000 + $90,000

= $340,000

And, the

Contribution Margin per Unit = Selling Price per Unit - Variable Cost per unit

= $11.50 - $3

= $8.50

So, the number of kits required is

= $340,000 ÷ $8.50

= 40,000 kits

8 0
3 years ago
Lerner Co. had 200000 shares of common stock, 20000 shares of convertible preferred stock, and $600000 of 10% convertible bonds
mestny [16]

Answer:

Basic EPS=$1.08                

Explanation:

Basic EPS= Net income after tax-preferred shares' dividend/Weighted average of outstanding shares

Net income after tax=$360,000*.7=$252,000

Dividend to preference shareholders=20,000*1.8=$36,000

Weighted average shares outstanding=200,000

Basic EPS=($252,000-$36,000)/200,000

Basic EPS=$1.08

7 0
3 years ago
Read 2 more answers
Tom tries to sell his classic car to Victoria for $12,000. Tom tells Victoria, "I paid $12,000 for the car in 1978 and it's wort
gulaghasi [49]

Answer:

B) Tom's statements provide grounds to set the contract aside.

Explanation:

When we are talking about setting a contract aside, it means that the contract is voidable. A voidable contract is valid until one of the parts decides to void it. In this case, if Victoria decides to purchase Tom's car and later discovers that he lied about the price, she can void the contract and return the car to get her money back.

What Tom is doing is basically lying about the material facts of the product that they are bargaining and it represents a valid reason for voiding the contract.

5 0
2 years ago
When there is no government involvement in answering the three basic economic questions this is which economy?
Dmitry_Shevchenko [17]

When there is no government involvement in answering the three basic economic questions this is Market Economy.

Market

<u>Explanation:</u>

When there is no government interventions in the market system or economy then it is known as Market Economy or Lassez faire.

Here the firms and household determine who sells the goods and who buys it and everything is carried out according to them and there is no government intervention like that of the command economy.

There is a lot of profit for the businessman as the consumers pay as high the price as they want to and no amount is given to the government.

6 0
3 years ago
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