Which is an example of a fixed expense?

a. utility bill

b. student loan

c. dry cleaning bill

d. grocery bill?

Quality services is an organization that operates several companies that market food products. True or False

In the widget market, it is known that producers are relatively responsive to price changes, as compared to consumers. The government places a $5 per unit tax on sales of widgets. Which of the following is the most likely result? A.

Nicole heard that as a general rule, she should spend no more than one week's pay on rent. If Nicole's pay is $32000 per year, what is the maximum amount per month that she should spend rent on?

Explain how the competitive labor market functioned before the buyout of the independent farms. How was the wage rate and quantity of workers employed in the market determined?

Goodfellow Corporation reported insurance expense of $477 for the current year. The beginning and ending balances in the prepaid insurance account were $50 and $30, respectively. What was the amount of cash paid for insurance? Multiple Choice $457.

Lesa drives her car approximately 18,000 miles per year. During the most recent year, she drove 7,000 miles commuting to and from work, 4,500 miles for business-related conferences and client visits, and 6,500 miles for personal trips.

Assume that you manage a risky portfolio with an expected rate of return of 18% and a standard deviation of 42%. The T-bill rate is 6%. Your client chooses to invest 85% of a portfolio in your fund and 15% in a T-bill money market fund. a.

A firm has zero debt in its capital structure and has an overall cost of capital of 10 percent. The firm is considering a new capital structure with 60 percent debt at an interest rate of 8 percent.

Thomsen Computer Company produces three products: Earth, Wind, and Fire. Earth requires 80 machine setups, Wind requires 60 setups, and Fire requires 180 setups.

On August 8, 2013, Holly purchased a residential apartment building. The cost basis assigned to the building is $800,000. Holly also owns another residential apartment building that she purchased on June 15, 2013, with a cost basis of $500,000. a.