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3 years ago

What are fixed expenses?

2 answers:

5 0

The answer is B. Fixed expenses are just expenses that you know won’t change. They have a specific amount that will remain constant.

Dima020 [189]3 years ago

3 0

Answer: B. All expenses that are the same fixed amount on a recurring basis, such as rent

Explanation:

Fixed expenses in a business do not change depending on the level of activity that goes on in the business. This means that regardless of the number of sales made or units produced, these costs will remain the same.

This is the direct opposite of variable costs. These costs change based on the level of activity which means that they are affected by sales level, production level of both.

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Lincoln and Miller are both lawyers working for the same firm. Despite the fact that they have the same work experience and educ

vfiekz [6]

D poor communication

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3 years ago

Read 2 more answers

What is one key advantage to an employer-sponsored retirement plan?

irinina [24]

Answer:

An employee's funds grow tax deferred in the plan. They don't pay taxes on investment earnings until they withdraw their money from the plan. An employee will pay income taxes and possibly an early withdrawal penalty if they withdraw their money from the plan.

Explanation:

I hope this helps. :D

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3 years ago

Art's at-risk amount in a passive activity was $60,000 at the beginning of 2015. His loss from the activity in 2015 is $80,000,

kupik [55]

Answer:

d. $60,000

Explanation:

As per passive income rules, As stated under Internal Revenue Service is a kind of statement that allows to set off the passive loss as against passive income only.

There is no rule which permits to set it off against ordinary income.

Therefore, the details in the given instance are:

Loss of 2015 = ($80,000)

Income in 2016 = $20,000

Loss at the end of 2016 = ($60,000)

This because from the income in 2016 amounting $20,000 the loss of $20,000 is set off.

7 0

3 years ago

ME Company has a debt-equity ratio of .57. Return on assets is 7.9 percent, and total equity is $620,000. a. What is the equity

Lera25 [3.4K]

Answer:

8.06

Explanation

Debt equity ratio=Debt÷ Equity
Debt÷Equity=0.57
Equity=620,000 in this question
Debt=620,000*0.57=353,400.
Assets=Debt+Equity
Assets in this case=353,400+620,000=973,400
Return on asset=Profit for the year=7.9%*973,400=76898.6
Equity Multiplier=Total Equity/Profit for the year
Equity Multiplier=620,000/76898.6=8.06

5 0

3 years ago

Ultimately ________ create and market products that meet the needs of customers

timofeeve [1]

The producers create and market products to consumers, so the answer is producers

7 0

4 years ago