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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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The plaintiff and the defendant entered into a three-year contract in which the defendant would be the sole supplier of steel pa

Sonja [21]

Answer:

Yes

Explanation:

Emails show an agreement between the defendant and the plaintiff and as long as they are proved to be actually between the parties, it is considered evidence.

7 0

3 years ago

Bio-Lab Pharmaceuticals carried on a project to develop a new drug that dramatically shortened the recovery period for flu infec

Gala2k [10]

Answer:

$450,000

Explanation:

Calculation for the amount that would be expensed

Using this formula

Amount to be expensed = Project cost before the project was abandoned + Amount spent on another project

Let plug in the formula

Amount to be expensed =$150,000+$300,000

Amount to be expensed =$450,000

Therefore the amount that would be expensed will be $450,000

4 0

3 years ago

Homeowner could take out 15-year mortgage at 5.5% annual rate on a $195,000 mortgage amount, or she could finance purchase with

IrinaVladis [17]

Answer:

$138,6126

Explanation:

The general formula to solve this is FVAn = PMT(PVIFAi,n)

Where FVAn is Face value (annual rate)

PMT is payment

PVIFA is Present Value Interest Factor of an Annuity =

i is the interest and n is the number of time in months

Calculate pmt for 15years (convert to months =180 months)

195,000 = Pmt × PVIFA (0.055/12, 180 months)

Pmt of $1,593.31 × 180 = $286,795.8

Calculate pmt for 30years (convert to months =360 months)

195,000 = Pmt × PVIFA (0.061/12, 360 months);

Pmt of $1,181.69 × 360 = 425,408.4;

Now subtract pmt at 15years from pmt at 30years

$425,408.4 – $286,795.8 = $138,6126.

3 0

3 years ago

An asset that costs $14,400 and has accumulated depreciation of $8,000 is sold for $5,600. What amount of gain or loss will be r

goldenfox [79]

Answer:

C. Loss of $800

Explanation:

Given that

Purchase price = 14400

Depreciation = 8000

Selling price = 5600

Thus,

Value of asset after depreciation = Purchase price - Depreciation

= 14400 - 8000

= 6400.

Therefore,

Difference between current value and price sold = value of asset after depreciation - selling price

= 6400 - 5600

= 800

Therefore, there was a loss of $800, since the selling price is less than the value of asset after depreciation.

6 0

3 years ago

Jordan gets confused and uses his credit card to get $40 in cash from an ATM instead of using his debit card. Based on this agre

Fofino [41]

The impact of Jordan making this mistake is an extra Credit charges that will be impose on the Cash withdrawn.

Simply put, a Credit Card are offered to people by banks for purpose of making purchases or cash advances and requires them to pay back the loan amount in the future.

However, a Debit Card is quite different because it is issued by banks to an account-holder or facilitate easy withdrawal from his/her account through the ATM or at any Point of Sales.

Now, Jordan can use his Credit Card as well but he will be required to pay back the amount he withdrew with an extra Credit charges.

Therefore, in conclusion, the impact of Jordan making this mistake is an extra Credit charges that will be impose on the Cash withdrawn.