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3 years ago

The fixed costs of doing business include

Business

1 answer:

11Alexandr11 [23.1K]3 years ago

8 0

Answer:

Fixed costs are the costs associated with your business's products or services that must be paid regardless of the volume you sell. ... Insurance - the liability insurance you hold on your business. Rent - the rent you pay on your office, factory, and storage space. Utilities - electricity, water, and other utilities.

Explanation:

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What are private property rights? private property rights are:

anzhelika [568]

I believe private property rights are e) the rights individuals but not firms have to the exclusive use of tangible, physical property and intellectual property.

Hope I'm right & this helps! :)

5 0

3 years ago

What is 4 5/6 minus 5/6 minus 1 1/2 minus 2/3

meriva

Your answer would be 1 5/6

8 0

4 years ago

What is a reason one discounts future cash flows as part of the absolute valuation process?

Brut [27]

Answer:

c. Investors prefer cash flows today to cash flows in the future

Explanation:

As we know that the future profits are unpredicted and non-certain so here the investor should prefer the cash flows for today for cash flows to be done in the future. In addition to this, the discount future cash flows should have the part in the absolute valuation process

Therefore the option c is correct

And, the rest of the options are wrong

4 0

3 years ago

The ledger of Mai Company includes the following accounts with normal balances: D. Mai, Capital $10,100; D. Mai, Withdrawals $1,

3241004551 [841]

Answer:

Dec. 31

Dr Service Revenue $24,000

Cr Income Summary $24,000

Dec. 31

Dr Income Summary $17,700

Cr Wages expense $13,900

Cr Rent expense $3,800

Dec. 31

Dr Income Summary $6,300

Cr Retained Earnings $6,300

Dec 31

Dr Services Revenue $1,350

Cr D. Mai, Withdrawals $1,350

Explanation:

Preparation of the necessary closing entries from the available information at December 31.

General Journal

Dec. 31

Dr Service Revenue $24,000

Cr Income Summary $24,000

Dec. 31

Dr Income Summary $17,700

($13,900+$3,800)

Cr Wages expense $13,900

Cr Rent expense $3,800

Dec. 31

Dr Income Summary $6,300

Cr Retained Earnings $6,300

($24,000-$17,700)

Dec 31

Dr Services Revenue $1,350

Cr D. Mai, Withdrawals $1,350

5 0

3 years ago

Which of the following isn't considered a capital resource Taylor will need?

ss7ja [257]

Answer:

The factors of production typically include land, labor, capital, entrepreneurship, and the state of technological progress.

Explanation:

In economics, capital typically refers to money. But money is not a factor of production because it is not directly involved in producing a good or service.

Instead, it facilitates the processes used in production by enabling entrepreneurs and company owners to purchase capital goods or land or pay wages. For modern mainstream economists, capital is the primary driver of value.

6 0

3 years ago