BUSINESS HIGH SCHOOL

A monthly fixed rate mortgage paymentA) could change.
B) never changes.
C) increases annually.
D)decreases annually.

Answers

Answer 1
Answer: B, it's a steady mortgage rate that won't change.
Answer 2
Answer:

Answer: B. Never changes.

Explanation: A monthly fixed rate mortgage payment will NEVER change.

Hope this helped. :)

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List three impulse goods that you or someone you know has purchased
although stocks can generate greater revenue, they are also more risky than many forms of investments. true or false
(Dividend policies) Final earnings estimates for Chilean Health Spa & Fitness Center have been prepared for the CFO of the company and are shown in the following table: BE. The firm has 7,700,000 shares of common stock outstanding.As assistant to the CFO, you are asked to determine the yearly dividend per share to be paid depending on the following possible policiesa.A stable dollar dividend targeted at 50 percent of earnings over a 5-year period.b.A small, regular dividend of $0.70 per share plus a year-end extra when the profits in any year exceed $21,000,000.
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sometimes sellers have little choice in setting a selling price because it is already marked on the item by the manufacturer. which of the following commodities is mentioned in your reading material as a common example of this?

Answers

Books are a common examples of this.

What is considered a commodity?

A commodity is a raw material used inside the production method to manufacture completed goods, whilst a product is a completed appropriate bought to customers. No fee is added to a commodity, which can be grown, extracted, or mined.

What is a commodity example?

A few traditional examples of commodities consist of grains, gold, pork, oil, and natural fuel. These days, the definition has increased to include economic merchandise, consisting of foreign currencies and indexes. Technological advances have also led to new types of commodities being exchanged inside the market.

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One of the example of the commodities in which the sellers have little choice in setting selling price is books

In selling a books, all the price is usually arranged by the publisher and manufacturer and the seller could not really set the selling prices unless they have enough resource to self-publish

The gdp deflator is used to calculate the inflation rate. True or False

Answers

Answer:

True

Explanation:

The nominal GDP is divided by the real GDP to calculate GDP deflator which is used to calculate the CPI and Inflation rate. So it is true that the GDP delfator is used to calculate inflation rate.

Crops raised primarily for income

Answers

Cash crops is the answer.

Smith Company produces and sells one product for $40 per unit. The company has no beginning inventories. Its variable manufacturing cost per unit is $18 and the variable selling and administrative expense per unit is $4. The fixed manufacturing overhead and fixed selling and administrative expense total $80,000 and $20,000, respectively. If Smith Company produces 8,000 units and sells 7,500 units during the year, then its net operating income under variable costing would be

Answers

Answer:

$35,000

Explanation:

net operating income under variable costing would be calculated by preparing income statement under variable costing.

Smith Company

income statement under variable costing system

Sales (7,500 x $40)                                                          $300,000

Less Cost of Sales (7,500 x $18)                                     ($135,000)

Contribution                                                                       $165,000

Less Expenses

selling and administrative expense ($4 x 7,500)            ($30,000)

fixed overheads :

manufacturing                                                                   ($80,000)

selling and administrative expense                                 ($20,000)

Net Income                                                                         $35,000

Final answer:

The net operating income under variable costing for Smith Company is $24,000.

Explanation:

The net operating income under variable costing can be calculated by subtracting the variable manufacturing cost per unit, variable selling and administrative expense per unit, and the total fixed manufacturing overhead and fixed selling and administrative expense from the total revenue.

Variable cost per unit = Variable manufacturing cost per unit + Variable selling and administrative expense per unit = $18 + $4 = $22

Total revenue = Selling price per unit × Number of units sold = $40 × 7,500 = $300,000

Total variable cost = Variable cost per unit × Number of units produced = $22 × 8,000 = $176,000

Total fixed cost = Fixed manufacturing overhead + Fixed selling and administrative expense = $80,000 + $20,000 = $100,000

Net operating income under variable costing = Total revenue - Total variable cost - Total fixed cost = $300,000 - $176,000 - $100,000 = $24,000

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Why is simple interest useful for planning parts of your financial future?a.
Simple interest can endure unforeseen economic changes by fluctuating.
b.
Simple interest generates more money than any other source of income.
c.
Simple interest grows more quickly if you invest in it longer.
d.
Simple interest is very regular and can be calculated in advance.

Answers

The best answer would be D. Simple interest is useful for planning parts of your financial future because simple interest is very regular and can be calculated in advance. The equations or the formulas involved are less complex and are easy to understand. However, the amounts calculated are, oftentimes, underestimated.

The answer to to the question is D, Simple interest is very regular and can be calculated in advance

Which of the following will be accomplished by assessing the factors of production?

Answers

By simply considering to assess the factors of production will be able to accomplish the replenishment of the limited resources.
Assessing the factors of production will give you an idea how to maximize the limited resources that you have.

I believe the answer is: guaranteeing the fulfilment of needs and wants

Factors of productions include all the skill set, materials, and labour workers that currently available at your disposal. By assessing these factors daily, you would know exactly the amount of goods or services that you can produce, and guarantee all the needs and wants from your consumers would always be fulfilled.
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