Answer:
A) Operating expenses are increased
Explanation:
when the wages are subsequently paid, the liability account is not affected as well as the cash account, retained earnings is not affected and also the operating income is not affected.
Therefore, The operating expenses have to increase as the wages count towards operating expenses.
Answer:
See explanation section
Explanation:
We have to use the function with a fixed cost and a variable cost. Here, the fixed cost is $100, as the bus driver will receive the money daily for driving. $0.20 per kilometer is the variable expense, as increasing the mileage will help to earn more. To draw this in a function, we can get -
Amount of daily pay, P = Fixed cost (f) + Variable cost (v)
p = $200 + 0.20 × k
20+ .05(t-300) = c
The equation includes the basic charge or $20 that is not dependent upon anything. Then the equation has you determine how many minutes will be charged by subtracting the 300 provided minutes from t. t represents the total number of minutes. Once the subtraction is completed, you will multiply the number of minutes by the 5 cents (,05), adding in the 20 for total cost for the month.
Answer:
Consider the following analysis.
Explanation:
<u>Net Income is adjusted for below
</u>
Depreciation and amortization expense.
Revenues and expenses that did not provide or use cash.
Changes in current liabilities related to operating activities.
Gains and losses from nonoperating items.
<u>Net Income is not adjusted for:
</u>
Changes in noncurrent assets and noncurrent liabilities.
Answer:
55 cents
Explanation:
75 cents each for a taco
$1,50 for two tacos (75×2)
80 cents for a medium drink
Total cost =1.50+0.80=$2.30
Additional taco =2.30+0.75=$3.05
Value meal =$2. 50
The marginal cost for Jordon to purchase an additional taco instead of the value meal =
3.05-2.50=55 cents