You open a clothing business and have to pay rent even if you do not produce any clothing. Rent is a _____. fixed cost variable cost profit

Answers

Answer 1

Answer: Rent is a fixed cost. Regardless of if you produce any clothing, you are still using that building to make the clothes. Even if you aren't making any clothes, but you are still occupying the building, you will have to pay the rent. The rent is based on the building, not the clothes.

Answer 2

Answer:

Answer:

You open a clothing business and have to pay rent even if you do not produce any clothing. Rent is a fixed cost.

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Which term describes the right of a lender to sell collateral to get back the principal if the borrower cannot repay the loan?Select one of the options below as your answer:A. collateral
B. interest
C. lien

Answers

Answer:

C. lien

Explanation:

The tax or charge that is applied to a good, wealth or property that belongs to a person and to indicate that it is compromised is called.

It also refers to the type of lien that is the taxable rate, by which a tax rate that can be fixed or variable is generated, and which implies a tax applicable to any property.

A common example of lien is the documents that a person signs in relation to a Mortgage Guarantee Loan, in which a property is given as a guarantee of payment, until such time as the total debt is canceled.

The word encumbrance derives from the Latin gravāmen, and means "burden."

Answer: C. lien......

The federal act which provided over $7 billion to the EPA to protect and promote "green" jobs and a healthier environment is the - National Environmental Policy Act. - Resource Recovery Act.- Resource Conservation and Recovery Act.- American Recovery and Reinvestment Act. - Clean Air Act.

Answers

Resource Conservation and Recovery Act?

Final answer:

The American Recovery and Reinvestment Act is the federal act that provided over $7 billion to the EPA to create and sustain 'green' jobs and foster a healthier environment. It was signed into law in 2009 and contributed significantly to environmentally-focused efforts.

Explanation:

The federal act which provided over $7 billion to the EPA to promote 'green' jobs and a healthier environment is the American Recovery and Reinvestment Act. This Act was signed into law by President Obama in 2009, with the intent to create new jobs and save existing ones, spur economic activity and long-term growth, and foster unprecedented levels of accountability and transparency in government spending. A significant portion of the funds was allocated to environmentally-focused efforts, hence its contribution to 'green' jobs and the promotion of a healthier environment.

Learn more about American Recovery and Reinvestment Act here:

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Alan is developing a business impact assessment for his organization. He is working with business units to determine the maximum allowable time to recover a particular function. What value is Alan determining?

Answers

Answer: RTO or recovery time objective

Explanation: Recovery time objective can be defined as the target level of time period under which a business process must be restored to normal conditions after facing a disruption in continuity.

In the given case, alan is trying to asses the maximum allowable time to recover a particular situation, thus, we can conclude that he is determining recovery time objective.

Which of the following is the best way to get your catering business started?a. Get involved with local organizations and become a speaker.
b. Research your area and develop a marketing strategy.
c. Wait for your excellent food and service to build you a good image and reputation.
d. Leave your business cards every appropriate place you can.

Answers

The right answer for the question that is being asked and shown above is that: "c. Wait for your excellent food and service to build you a good image and reputation." the best way to get your catering business started is that c. Wait for your excellent food and service to build you a good image and reputation.

its not c........ so whatever you do dont put c

The total amount, including the sales tax and the shipping fee, that Steve paid for the game was $120. What was the shipping fee, in dollars? Show or explain how you got your answer.

Answers

Answer:

Explanation:

To find the shipping fee in dollars, we can set up an equation using the total amount Steve paid, which was $120.

Let S be the cost of the game, T be the sales tax, and F be the shipping fee. We know that:

S + T + F = $120

Now, you mentioned that the sales tax was $20, so we can substitute T with 20:

S + 20 + F = $120

Now, we want to isolate F, the shipping fee. To do that, we'll first subtract 20 from both sides of the equation:

S + F = $120 - 20

S + F = $100

Now, we have the equation in terms of S and F. Since we don't know the cost of the game (S), we can't find F directly. You'll need to provide the cost of the game (S) to find the exact shipping fee (F). If you have the cost of the game (S), you can plug it into the equation to calculate the shipping fee (F).

Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month’s budget appear below: Selling price per unit $ 29 Variable expense per unit $ 18 Fixed expense per month $ 8,800 Unit sales per month 950 Required: 1. What is the company’s margin of safety? (Do not round intermediate calculations.) 2. What is the company’s margin of safety as a percentage of its sales?

Answers

Answer:

Instructions are below.

Explanation:

Giving the following information:

Selling price per unit $29

Variable expense per unit $18

Fixed expense per month $8,800

Unit sales per month 950

First, we need to calculate the break-even point in units and dollars:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 8,800 / (29 - 18)

Break-even point in units= 800 units

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 8,800 / (11/29)

Break-even point (dollars)= $23,200

Now, the margin of safety in units and dollars:

Margin of safety (units)= (current sales level - break-even point)

Margin of safety (units)= 950 - 800

Margin of safety (units)= 150 units

Margin of safety (dollars)= (current sales level - break-even point)

Margin of safety (dollars)= (950*29 - 23,200)

Margin of safety (dollars)= $4,350

Finally, the margin of safety ratio:

Margin of safety ratio= (current sales level - break-even point)/current sales level

Margin of safety ratio= 4,350/27,550

Margin of safety ratio= 0.16 = 16%

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Rodney parks his car at Car Stack Parking Lot, Inc. On the back of the parking stub provided to Rodney, there's a statement typed in large letters: "NOT RESPONSIBLE FOR DAMAGE TO CARS." When Rodney returns, his car has been dented by the Car Stack attendant, who was attempting to park more cars on the lot. According to law, the statement on the stub is an exculpatory agreement that'sA. enforceable against Rodney only if he had the opportunity to park elsewhere.B. not enforceable against Rodney because it's contrary to public policy.C. not enforceable against Rodney because he instructed the attendant to be careful around his car.D. enforceable against Rodney regardless of circumstances.

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