Answer:
Year 1 : $20000
Year 2 : $460000
Explanation:
Year 1 calculation:
120000-20000/50000*10000 =$20000
Year 2 calculation:
120000-20000/50000*23000=$46000
If the cutting edge sells ice skates. total sales are $845,000, total variable expenses are $245,050 and total fixed expenses are $302,000. the variable expense ratio is: 29%.
<h3>Variable expense ratio</h3>
Using this formula
Variable expense ratio=Total variable expense /Total sales
Let plug in the formula
Variable expense ratio=$245,050/ $845,000
Variable expense ratio=0.29×100
Variable expense ratio=29%
Therefore If the cutting edge sells ice skates. total sales are $845,000, total variable expenses are $245,050 and total fixed expenses are $302,000. the variable expense ratio is: 29%.
Learn more about variable expense ratio here:brainly.com/question/24161829
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Answer:
True
Explanation:
Businesses and organizations have their data regulated under recent compliance laws, and under these regulations data can be classified as private, confindential, interal use only, and public domain.
An example of public domain information is financial statements, especially if the corporation is public and trades shares in the market.
Lots of information have restricted access though, sometimes being only available to all the employees of the firm (interal use only), or a minority of them (confidential and private).
Answer: Okay that’s good lol and same here too
Monthly Salary: $1200
Monthly food bills: $240
% of monthly salary spent on food is 20%.
