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Triss [41]
3 years ago
7

Khalifa’s friend, Khalid, has told him that managing the finances of the business is very important.

Business
1 answer:
Y_Kistochka [10]3 years ago
5 0

Answer:

  1. Fixed costs are usually negotiated for a specified time period and do not change with production levels. ... Examples of fixed costs include rental lease payments, salaries, insurance, property taxes, interest expenses, depreciation, and potentially some utilities.
  2. Variable costs are dependent on production output. ... Examples of variable costs are sales commissions, direct labor costs, cost of raw materials used in production, and utility costs. The total variable cost is simply the quantity of output multiplied by the variable cost per unit of output.
  3. Fees earned from providing services and the amounts of merchandise sold. Examples of revenue accounts include: Sales, Service Revenues, Fees Earned, Interest Revenue, Interest Income. ... Revenue accounts are credited when services are performed/billed and therefore will usually have credit balances.
  4. Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations. ... Profit is the amount of income that remains after accounting for all expenses, debts, additional income streams, and operating costs.

Explanation:

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ABC Company on Jan 1, 2021 purchased a delivery van for $24,000. To complete the purchase, the company also incurred a $800 ship
Whitepunk [10]

Answer:

the yearly depreciation expense is $5,500

Explanation:

The computation of the yearly depreciation expense using the straight line method is as follows;

= (Purchase cost - salvage value) ÷ (estimated useful life)

= ($24,000 + $800 + $1,200 - $4,000) ÷ (4 years)

= ($26,000 - $4,000)  ÷ (4 years)

= $22,000 ÷  4 years

= $5,500

hence, the yearly depreciation expense is $5,500

7 0
2 years ago
​any paid form of nonpersonal presentation and promotion of​ ideas, goods, or services by an identified sponsor is called​ _____
inysia [295]
It is called advertising. 
6 0
3 years ago
When attempting to determine human resource needs, HR managers prepare a(n) _____ providing details of all current employees, wh
Brut [27]

Answer: Inventory

Explanation:

The document prepared is known as a Human Resource Inventory ( Inventory for short) and is a very useful tool for analysis to human resource personnel.

In the inventory is contained the details of all current employees, which includes their educational level and abilities, their experience, age, gender, salary, special achievements and even preferred jobs.

From this inventory, certain deductions can be made such as deficits in the workforce.

8 0
3 years ago
The money demand curve has a negative slope because
FrozenT [24]

Answer:

lower interest rates

Explanation:

lower interest rates cause households and firms to switch from financial assets (bonds) to money. Suppose that there is an increase in the number of people selling bonds.

3 0
2 years ago
Gross domestic product is equal to the market value of all the final goods and services ________ in a given period of time
Andrei [34K]

"Gross domestic product is equal to the market value of all the final goods and services <u>produced </u><u>within </u><u>a </u><u>country</u> in a given period of time." Thus, option A is correct.

<h3>What is the Gross domestic product?</h3>

Gross domestic product (GDP) is defined as the measure of the monetary value that is of the final services and goods. It defines the amount and value that is paid by the customers for the product and goods.

The GDP of the goods and products produced by the country is equal to the market value for the final goods. It only includes the produced goods and does not account for the consumed goods.

Therefore, option A. the goods are produced in a country.

Learn more about GDP, here:

brainly.com/question/12618597

#SPJ1

Your question is incomplete, but most probably your full question was, Gross Domestic Product is equal to the market value of all the final goods and services ________ in a given period of time.

A) produced within a country

B) consumed within a country

C) consumed by the citizens of a country

D) produced by the citizens of a country

E) produced and consumed within a country

8 0
1 year ago
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