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nlexa [21]
2 years ago
7

A business manager finds that the building expense each month is completely uncorrelated with revenue levels. What should the bu

siness manager assume about this cost?
Business
1 answer:
Westkost [7]2 years ago
3 0

Answer:

The business manager should assume that the building expense is fixed.

Explanation:

Fixed costs are not correlated with the revenue levels.  Within the relevant range, fixed costs remain constant.  They do not vary with the activity levels as variable costs do.  For example, a manufacturer must pay for rent, repairs and maintenance, and utility bills irrespective of the revenue levels at which it is operating.  This is why the business manager always discovers that the building expense each month does not correlate with the revenue levels, unlike the product's variable costs.

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Jim and Lisa own a dog-grooming business in Champlain, New York, called JL Groomers. There are many buyers and many sellers in t
Elza [17]

The answer is marginal revenue (MR) curve above $22.

Explanation:

Jim and Lisa Groomers will maximize its accounting profit when taking it to 0 its economic profits when marginal revenue = marginal costs.

Economic profits are not the same as accounting profits because they include the opportunity costs of investing the money somewhere else. That is whythe long run firm is not able to make economic profits since as they exist, new competitors will enter the market. But in the case of the shoert run, the firms are able to make economic profit, but by doing so, they cannot maximize their accounting profit.

Economic profit = account profit = Opportunity profit

Opportunity cost are extra costs or benefitslost from choosing one activity or investment over another one.

3 0
3 years ago
How did you feel while you were filling out the inventory?nervous, curious, stressed, relaxed, etc
Usimov [2.4K]
I feel stressed reading this question as it has no context but the question is asking for your opinion. there really is no wrong answer
8 0
3 years ago
Read 2 more answers
The Sports Club plans to pay an annual dividend of $1.20 per share next year, $1.12 per share a year for the following two years
Delicious77 [7]

Answer:

$9.63

Explanation:

Data provided in the question:

Year              Annual dividend paid

   1                                      $1.20

   2                                      $1.12

   3                                      $1.12

   4                                      $14.20

Now,

Year       Annual dividend paid        Present value factor     Present value

   1                              $1.20                          0.84246               1.011

   2                             $1.12                          0.84246               0.7949

   3                             $1.12                          0.59793             0.6696

   4                             $14.20                       0.50373             7.1529

===============================================================

Worth of stock = 1.011 + 0.7949 + 0.6696 + 7.1529

= $9.6284 ≈ $9.63

Note:

Present value factor = [ 1 ÷ (1 + 0.187)ⁿ]

here,

n is the year

7 0
3 years ago
Kellyn needs to move Slide 8 of his presentation up so that it becomes Slide 6. What best describes how he can do this using the
777dan777 [17]

Answer:

The answer is "Option C".

Explanation:

In the given question, the numbering of the choices is missing, which is defined in the attached file please find it.

The slide Thumbnail implies its word used during PowerPoint presentations that denote the slide's tiny edition. It is the smaller version of a larger image that was simply a thumbnail. It has no long since digital image control thumbnails have been used, that's how much PowerPoint utilizes them.

  • Hold the slide until the slider is raised instead move it to sixth position to move to sixth position.
  • All slideshow software allows a person to click on it and drag a slide only to spot.

6 0
2 years ago
Different companies across different industries adopt any one of the five generic strategies to gain competitive advantage.
enyata [817]

Answer:

c. An online retailer delivers organic groceries overnight.

Explanation:

As Different companies in different industries follow any one of the five general strategies to gain competitive advantage.

so The online retailer distributes organic groceries overnight, using a low-cost provider strategy. This is due to the intense competition in online retailing.

so correct option is c. An online retailer delivers organic groceries overnight.

6 0
3 years ago
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