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Arturiano [62]
3 years ago
6

What are operating expenses?

Business
1 answer:
skad [1K]3 years ago
3 0

Answer:

see below

Explanation:

Operating expenses are the cost a business incurs while engaging in its normal business operations. They are the costs not directly be attached to the production process. A business incurs operating expenses in managing it day to day activities. They exclude one time expenses such as judgment cost,  accounts adjustments, and other non-recurring costs.

Operating expenses are classified into administrative, selling, and general expenses. Businesses cannot avoid operating expenses; hence the management should strive to keep them as low as possible. Examples of operating expenses include rent, salaries,  employee benefits, transport,  depreciation, repairs, taxes, sales commissions, amortization, and pension contributions.

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____________ risk refers to the danger of changes in buying power during times of rising or falling prices.
natali 33 [55]

The risk refers to the danger of changes in buying power during times of rising or falling prices is known as inflation.

<h3>What is a risk?</h3>

Risk refers to the uncertainty or probability of an accidental event that will affect the decision-making of an individual or organization. In business the higher the risk, the higher the profit is achieved.

Inflation is defined as the ratio at which prices rise over time. Inflation is usually defined as a wide measure of price increases or increases in the cost of living in a place affecting its citizens.

Inflation diminishes the purchasing power of individuals which leads to high risk for investors who paid a fixed rate of interest on the investment. Most concerned about inflation-reducing returns are those individuals who invested in cash equivalents.

Learn more about risk, here:

brainly.com/question/17284407

#SPJ1

3 0
2 years ago
Kevin invested $8,000 for one year at a simple annual interest rate of 6 percent and invested $10,000 for one year at an annual
sergejj [24]

Answer:

$1,296

Explanation:

To get the total amount he earned, we calculate the simple interest the first and compound interest on the second investment

For the first;

I = PRT/100

Where I = the simple interest

P is the amount invested called the principal

R is the yield percentage called the rate

T is time frame of investment

For the first investment:

I = (8,000 * 6 * 1)/100 = $480

For the second investment

A = P(1 + R/n)^nt

A is amount

P is principal

R is rate

n is number of times, 2 in this case since it is semi annually

t is time, 1 year in this case

A = 10,000(1 + 0.08/2)^2

A= $10,816

Interest here is A - P

The interest earned is thus 10,816 - 10,000 = $816

Total amount of interest earned is thus $816 + $480 = $1,296

4 0
3 years ago
Have a nice day! (and 100 pts)
zysi [14]
Thanks for the points!
5 0
2 years ago
Read 2 more answers
The Superior Company acquired a building for $500,000. The building was appraised at a value of $575,000. The seller had paid $3
MissTica

Answer:

Cost principle.

Explanation:

Cost or historical cost principle.

The assets, liabilities and equity must enter the accounting at their original purchase cost rather than current market value. This bulding, which is an asset was purchase for 500,000. Therefore, his cost is 500,000. It will be recorded at 500,000.

And will not increase for changes in the market value. Only at the moment of selling or disposal of the assets the accounting will recognzie a gain or loss.

5 0
3 years ago
BRAINLIEST Prepare a balance sheet in proper format for the company as of December 31st based on the following accounts. Answer
Naya [18.7K]

Answer:

45000

Explanation:

3 0
3 years ago
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