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vova2212 [387]
3 years ago
9

A service business may have some additional operating expenses like rent, insurance, commissions, and so on. Most of these expen

ses are
incurred on a ___
basis.
Business
2 answers:
Aleks04 [339]3 years ago
7 0

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX, operating expenses include rent, equipment, inventory costs, marketing, payroll, insurance, step costs, and funds allocated for research and development.

Operating costs or operational costs are the expenses that are related to the operation of a business, or the operation of a device, component, piece of equipment, or facility. They are the cost of resources used by an organization just to maintain its existence.

An operating expense is an ongoing cost of running a product, business, or system. ... For larger businesses, operations may also include the cost of workers and facility expenses such as rent and utilities. On an income statement, operating expenses include accounting expenses.

Operating expenses are the expenses your business incurs on a daily basis. Typical operating expenses include rent, payroll, utilities, printing, postage, and property taxes. Many, if not all, of these expense categories, have a separate expense account in the general ledger.

Operating expenses are not directly related to the production of products or services, but instead reflect what it truly costs to open your doors each day.

Anastaziya [24]3 years ago
5 0

Answer:

Credit

Explanation:

An incurred expense is a cost that a business incurs when it purchases goods or services on credit. The purchase may be made either through a credit card. Instead, by using a credit or a billing arrangement with the seller of the goods.

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3 years ago
How do short term goals differ from being long term goals
Alekssandra [29.7K]

Answer:

Explanation:

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7 0
3 years ago
Your brother, who is prone to bearing substantial risk, suggests that you buy a security for $10,000 that promises to pay you $1
astraxan [27]

Answer:

16.59%

Explanation:

First we look at the formula which to determine the future value of the security and then work back to determine the annual return in terms of percentage

Future Value = Present Value x (1 +i)∧n

where i = the annual rate of return

n= number of years or period

We then plug the given figures into the equation as follows

we already know Present value to be $10,000 and the future value to be $100,000 and the number of years to be 15

Therefore, the implied annual return or yield on the investment is

100,000 = 10,000 x (1+i)∧15

(1+i)∧15 = 100,000/10,000 = 10

1 + i = (10∧(1/15))=1.165914

i= 1.165914-1

= 0.1659

= 16.59%

5 0
3 years ago
Government-regulated maximum rent levels are an example of what? A. price floors B. public good C. rationing D. price ceilings
OLga [1]

D. Price ceiling

This is a government regulation that establishes a maximum price for a specific thing.

3 0
3 years ago
Which of these household purchases will be counted as part of consumption in a country’s gross domestic product?(pick more then
alex41 [277]
I think it's a "newly constructed home"

I hope it helped you!
6 0
3 years ago
Read 2 more answers
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