Khalifa’s friend, Khalid, has told him that managing the finances of the business is very important.

Q1a. What are fixed costs?

Q1b. What are variable costs?

Q1c. What is revenue?

Q1d. Explain the difference between revenue and profit.

Answers

Answer 1

Answer:

Fixed costs are usually negotiated for a specified time period and do not change with production levels. ... Examples of fixed costs include rental lease payments, salaries, insurance, property taxes, interest expenses, depreciation, and potentially some utilities.Variable costs are dependent on production output. ... Examples of variable costs are sales commissions, direct labor costs, cost of raw materials used in production, and utility costs. The total variable cost is simply the quantity of output multiplied by the variable cost per unit of output.Fees earned from providing services and the amounts of merchandise sold. Examples of revenue accounts include: Sales, Service Revenues, Fees Earned, Interest Revenue, Interest Income. ... Revenue accounts are credited when services are performed/billed and therefore will usually have credit balances.Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations. ... Profit is the amount of income that remains after accounting for all expenses, debts, additional income streams, and operating costs.

Explanation:


Related Questions

Which of these is most closely associated with an economic recession? *
1.an increase in stock prices
2.an increase in consumer spending
3.a decrease in the demand for labor
4.a decrease in the minimum wage

Answers

Answer:

3. a decrease in demand for labor

Explanation:

Economic recession is associated with the significant loss of economic activity. The economic activity includes like Goss domestic production, income, industries and wholesale.

The recession may be for the short and long term and be followed by a raid r a slow recovery. Such as economic slowdown after the corona affected nations and indirectly affected the wages and salaries of the workers and laborers.

Hence the option 4 is correct.

Learn more about the these are most closely associated with an economic recession.

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Innovation and enterprise can help to develop new and niche markets - True or False?

Answers

Answer:

True.

Explanation:

A radical innovation also known as the disruptive innovation is an innovative approach aimed at destroying or supplanting old business strategies and models with an invention to breakthrough and change the whole industries by creating new products.

Hence, an innovation and enterprise can help to develop new and niche markets as the business would be starting afresh and offering new products and services to meet the unending needs or requirements of its customers.

PLEASE HELP!! NO ONES HELPED YET T^T WILL MARK BRAINLIEST!!!!!!!!!!!!

Answers

Answer:One of the main reasons why people are motivated to do a job well is the sense of achievement they get from it. Achievement is the feeling of pride that comes from knowing you have done your job well.

A second type of motivation that is common in the workplace is that of power. Some people get a lot of pleasure out of having power and authority. This is not necessarily a bad thing, as sometimes these people are particularly good at directing others and can make good managers.

Both types of motivation are common, and they can be very important in the workplace. However, the sense of achievement can be created by the person individually, and requires little group work. On the other hand, the motivation of power depends on the type of interaction the person has with others.

Explanation:self motivation requires a personal drive where as group motivation has other people tell you when your doing good or they can help you when it isnt going right.

please help me with my question from my profile.

Which step directly follows "loss of jobs” in the stagflation cycle?

Answers

Answer:

fewer items produced

Explanation:

Answer:

D

Explanation:

If the family decides to reduce its clothing budget by $200 a month, how much will the new clothing budget be? Round to the nearest dollar.

Answers

Answer:

$970

Explanation:

You are creating a budget for your new business. What should you include?
A. All income and expenses.
B. Fixed expenses but not income.
C. Income but not variable expenses.
D. Fixed and variable expenses but not taxes.

Answers

Answer:

A

Explanation:

You should include all income and expenses because you need to know the value of the business and the amount of money you'll have to spend after you have deducted all the expenses and added all the incomes of the business.

Give the meaning and important aspects of the process of globalisation.​

Answers

Answer:

Globalization by definition is that process that the business or n organisation begins to operate on an international standards.It involves interactions amongst individuals , institution and even the government.

There are 4 basic aspects of globalization

1.Dissemination of knowledge.

2.Migration and movement

3.Capital and investment movement

4.Trade and transctions.

Explanation:

1.in the first point , we view globlisation as a measure in the changes of the human heritage by the aspect of knowledge.people's world wide ideologies are disseminated by varoious means far and wide, in the whole world.

2.Globalization has caised movement, through migrationa socioeconomic as well as the political relations is created along the borders.Movement has caused people to be more difficult to controlband also people have been dislocated.

3.These terms are commonly used to describe the economy .capitalism is the private ownership as opposed to ownership by the government.

4.Trade and teansactions has caused tremendous improvements across the globe, in a way, it has led creating jobs, increaeing thw workers salaries amongst other factors .conversely , trade transactions has caused social disruptions and as a result number of businesses are lost.

The liberty of man in society is to be under no other legislative power but that established by consent in the commonwealth.

Answers

Answer: The liberty of man, in society, is to be under no other legislative power, but that established, by consent, in the commonwealth; nor under the dominion of any will, or restraint of any law, but what that legislative shall enact, according to the trust put in it.

Explanation:

Marlon wants to save money over a long period of time. He does not need to have easy access to the money, and he is worried about losing his investment. He would like to know the
interest rate up front. Which of the following options would best suit his needs?
O Certificate of deposit
OIRA
O Traditional checking account
Traditional savings account

Answers

Answer:

A. Bonds.

Explanation:

I majored in Business

The option which fulfills the needs of Marlon is a Certificate of deposit. Thus the correct answer is A.

What is a Certificate of Deposit?

A certificate of deposit is considered a kind of saving account which helps the account holder to carry a set amount for a fixed period of time. The duration can be of six months, a year, or five years. The bank will be the interest rate to the holder based on the duration.

Marlon wishes to acquire savings over time. He does not require easy access to the funds and is concerned with losing his investment. He wants to know the interest rate right away. In this situation Certificate of the deposit will be suitable as it holds money for a fixed duration of time.

This will be better as it provides a higher rate of interest and does not charge any maintenance fees from the account holder.

Therefore, option A Certificate of deposit.

Learn more about investment, here:

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why would anyone select a bank that has unfavorable overdraft policies

Answers

Answer:

The person may not have options due to age and distance and disabilities.

Explanation

PLEASE HELP NOW!!! Why is a higher interest rate important when saving money?

A.) It means the person will owe the bank less over time.
B.) It grows savings at a faster pace.
C.) It pays interest on principal and interest.
D.) It requires a lower amount be deposited each month.

PLEASE HELP!!!

Answers

B.) It grows savings at a faster pace.

The interest rate determines how much money a bank pays you to keep your funds on deposit. Suppose you deposit $5,000 into a savings account, don’t deposit or withdraw any more money and the interest rate doesn’t change. If the account has a 1.00% interest rate and the interest compounds annually—that is, the bank pays you interest on your balance once each year—you’ll earn $50 after the first year. -Discover.com

Answer:

B.) It grows savings at a faster pace.

Explanation:

What are some good colleges in New Orleans that arent expensive??

Answers

Answer:

southern university, Dillard university, university of new orleans

Quintina decided to increase the deduction percentage of her federal income tax rate from 14% to 16%. Quintina’s gross pay per month is $2,100. Her deductions before the change are listed in the table.

Answers

Answer:

$1555

Explanation:

Answer:

1555

Explanation:

Just did the quiz 2021

How did the pandemic affect the ability of business?

Answers

Answer:

Most businesses had to close down meaning that they were making no money and if they were small then the owners and workers would have no income.

Explanation:

will gie 5 starz thank and braiest

Answers

Answer:

True true false False true false I'm not sure this is correct

Explanation:

Question 1: true
Question 2: false I think
Question 3: true
Question 4: false
Question 5: true
Let me know if any of these are wrong and I hope this helps

why is the earth round why not a square or a triangle

Answers

Answer:

because science.

Explanation:

a square shaped earth would be cool tho

It’s the force caused when earth rotates that’s why it’s round altho it’s not perfectly round.


The mass is distributed unevenly within the planet, and the greater the mass is the stronger it gravitational pull is creating bumps around the globe.
If this helped mark me brainliest pls!

QUESTION 4 of 10: A clothing designer is looking for a job that can cover her living expenses of $5,000 per month. If she plans on working
forty hours a week, with four weeks a month, what's the minimum hourly wage she needs?

Answers

Answer:

$31.25

Explanation:

40 hours a week x 4 weeks a month = 160 hours of work per month

$5,000 divided by 160 = $31.25

An example of a country's businesses spending on capital when calculating the GDP using the expenditures approach is _____.


rent

purchase of weapons for the military

purchase of software

none of the above

Answers

Answer: salaries of public employees

Answer:

The correct answer on EDEG 2021 is B or purchase of weapons for the military

Explanation:

If you were pitching the idea for this product, what would you say?

Answers

Answer:

you didn't put a picture

Explanation:

I would be happy to help still

Lottery – Let $1,000 be your current wealth. There are 100 people and each buys a lottery ticket at $5. The administrative cost of the lottery ticket per person is $5. If you win the lottery, you will get $500. There is only one person who can win the lottery. a. Define the gamble b. Calculate the expected value of the gamble c. Is this gamble favorable, fair, or unfavorable? d. Now, suppose your utility function is U = W5/2. Calculate the Certainty Equivalent and the maximum lottery price you are willing to pay. e. Now suppose that there are only 50 individuals participating in the lottery. Without calculating all the math again, what happens to the maximum price for the lottery you are willing to pay? Does it increase, decrease, or stay the same?

Answers

Answer:

Kindly check explanation

Explanation:

Given that :

Initial wealth = $1000

Cost of lottery = $5

Winning = $500

Number of players or tickets = 100

Only one winner can emerge :

P(winning) = 1/100

P(Not winning) = 1 - 1/100 = 99/100

P __ 1/100 _________ 99/100

X : [1000 + (500-5)] ___ (1000-5)

P(X): ____1/100 _______ 99/100

X : _____ 1495 _________995

Expected value E(x) :

E(X) = ΣX*p(x) = (1/100)*1495 + (99/100)*995 = 1000

C.)

Possible winning = $500 ; p(x) = 1/100

Possible loss = - 5 ;p(x) = 99/100

500 * (1/100) = 5

-5 * (99/100) = - 4.95

Σ(5 + - 4.95) = 5 - 4.95 = 0.05

Hence, gamble is favorable since 0.05 > 0

Rick has a great idea about a new product to sell. He needs
money to get started building his brand. What type of loan does
he need?
A. Mortgage
B. Business
C. Home equity
D. Auto

Answers

He needs a business loan so it would be B

File cabinets are conventional storage cabinets that are deeper than they are wide and have files arranged from front to back.

Answers

Answer:

Vertical

Explanation:

THIS IS THE COMPLETE QUESTION BELOW

_______ file cabinets are conventional storage cabinets that are deeper than they are wide and have files arranged from front to back.

A filing cabinet can be regarded as piece of office furniture that is utilized in storage of paper documents in set file folders. It could be vertical files or lateral files. A vertical file posses drawers which extends from short sides of cabinet. It should be noted that vertical file cabinets are conventional storage cabinets that are deeper than they are wide and have files arranged from front to back.

Empathy involves _____.


feeling pity

active listening

feeling sorry

written communication

Answers

Answer:

active listening

Explanation:

Empathy involves making every effort to understand others FROM THEIR POINT OF VIEW. It means communicating an understanding of how THAT PERSON feels in a situation, NOT how YOU would feel in that situation.

Empathy is defined as “the feeling that you understand and share another person's experiences and emotions” or “the ability to share someone else's feelings”. Feeling sorry for a person automatically generates feelings of pity, which is not helpful in situations where people are in pain.

I hope this helps! :)

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Why non HR managers are becoming more involve traditionally , human resource management practices were developed

Answers

Answer:

What are you looking for exactly?

Explanation:

NEED HELP ASAP, WILL GIVE BRAINLIEST

Variable Costs are also known as

A. Cost of Goods Sold
B. Liabilities
C. Assets
D. Equity

Answers

I’m pretty sure that it is A. Cost of Goods Sold!
Another name for variable cost is Cost of goods sold

Which statement best describes a recession?

A. More people are unemployed, causing more competition for jobs.
B. The prices of goods make them too expensive for people to buy them easily.
C. People cannot afford to buy goods because competition leads to higher prices.
D. A large number of people are unemployed and have decreased spending power.

Answers

Answer:

D. A large number of people are unemployed and have decreased spending power.

Answer:

I agree!

D. A large number of people are unemployed and have decreased spending power.

Explanation:

I NEED THIS ASAP!!!!!!!!! Lin is making a presentation about road safety and wants to add images of road signs. However, he does not have any pictures of road signs on his hard drive.

Which option within PowerPoint would most likely help Lin find the pictures he needs?

Clip Art under the Insert tab
Picture under the Insert tab
SmartArt under the Animations tab
Insert under the Animations tab

Answers

Answer:

picture under the insert tab ?

Explanation:

none others make sense

Answer:

Picture under the Insert Tab.

Explanation:

What does the Fair Credit Reporting
Act focus on?
A. The borrower's rights in regard to their credit
report.
B. The bank's ability to change customer's credit
reports.
C. The government's ability to see an individual's tax
forms.
D. The lender's rights in hiding loan information.

Answers

B

:) hope this helps

Discuss any four ways in which Specialization has
improved the economic development of Nigeria

Answers

Answer:

Specialization has helped in these four ways:

1. Has created economics of scale in Nigeria, which improve economic efficiency and increase output while reducing average costs at the same time.

2. Has improved the agricultural sector, which continues to be very important for the Nigerian economy.

3. Has helped bring the electrification of the country.

4. Has helped raise the standard of living in the country, because in general terms, the larger the economy, the higher the standard of living.

True or False: Strip malls are usually climate controlled.

Answers

Answer: false

Explanation:

That’s the correct answer

The Strip malls are usually not the climate controlled, as it is the cause of the global warming.

What is the strip mall?

Strip mall is also called the strip center or strip plaza. This type of mall is basically the common shopping center in North America. In which the stores are arranged in a well-defined row, consisting of the sidewalk in their front.

It is not the climate controlled because these malls contribute to the global warming indirectly pollute the environment, as the energy generators causes the green house gases.

Therefore, the given statement is false.

Learn more about the strip mall, refer to:

https://brainly.com/question/8057252

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