Select the correct statement from the following. a. A fixed cost structure offers less risk (i.e., less
Question:
a. A fixed cost structure offers less risk (i.e., less earnings volatility) and higher opportunity for profitability than does a variable cost structure.
b. A variable cost structure offers less risk and higher opportunity for profitability than does a fixed cost structure.
c. A fixed cost structure offers greater risk but higher opportunity for profitability than does a variable cost structure.
d. A variable cost structure offers greater risk but higher opportunity for profitability than does a fixed cost structure.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (8 reviews)
The correct option is Option b A variable cost structu...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Cost Accounting questions
-
The airline industry is one of the more volatile industries. During lean years in the early 1990s, the industry wiped out the earnings it had reported during its entire history. Pan American Airlines...
-
Following is the income statement of Pelle Company, a manufacturer of mens blue jeans: Pelle had manufactured 2.2 million pairs of jeans, which had been sold to various clothing wholesalers and...
-
1. Select the correct statement regarding relevant costs and revenues. a. Sunk costs are relevant for decision-making purposes. b. Relevant costs are frequently called unavoidable costs. c. Direct...
-
Ames Manufacturing Plant produces two different replacement parts for dishwashers. During a normal shift, they have 7 hours of time available on their main fabrication machine. The machine will...
-
Use Newtons method to find all the roots of the equation correct to eight decimal places. Start by drawing a graph to find initial approximations. 23. x-x-5x' + 4x + 3 -0 24. x(4 x) =- 25. r/2-x-= |...
-
Discuss the ethical culture of the financial services sector in general, also with specific reference to retail banking.?
-
Michael is auditing the financial statements of the Diannah Corporation as of and for the period ended September 30, 1999. Michael plans to complete field work and sign the auditor's report on...
-
On July 1, 2012, Crowe Co. pays $15,000 to Zubin Insurance Co. for a 3-year insurance policy. Both companies have fiscal years ending December 31. For Crowe Co., journalize the entry on July 1 and...
-
On January 1, Boston Company completed the following transactions (use a 7% annual interest rate for all transactions): ( FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s)...
-
1. Develop a simulation model for 52 weeks of operation at Ebony. Graph the inventory of soap over time. What is the total cost (inventory cost plus production change cost) for the 52 weeks? 2. Run...
-
A tract of land is found to contain a plant from which drug companies can extract a newly discovered cancer-fighting medicine. This variety of plant does not grow anywhere else in the world....
-
A volume of 18.72 mL of 0.1500 M K2Cr2O7 solution was required to titrate a sample of FeSO4 according to the equation in Problem 7.96. What is the mass of the sample?
-
The two alternatives shown are under consideration for improving security at a county jail in Travis County, New York. Determine which one should be selected, based on a B/C analysis, an interest...
-
Define the impedance matrix.
-
True or False. The mass, stiffness, and damping matrices of a two-degree-of-freedom system are symmetric.
-
What is meant by static and dynamic coupling? How can you eliminate coupling of the equations of motion?
-
Define these terms: mass coupling, velocity coupling, elastic coupling.
-
What is a node?
-
The registrar at Elmwood University (EU) studied the grade point averages (GPAs) of students over many years. Assume the GPA distribution follows a normal distribution with a mean of 3.10 and a...
-
Find the equations of the ellipses satisfying the given conditions. The center of each is at the origin. Passes through (2, 2) and (1, 4)
-
A thin film suspended in air is 0.410m thick and is illuminated with white light incident perpendicularly on its surface. The index of refraction of the film is 1.50. At what wavelength wills visible...
-
In Figure a, the waves along rays 1 and 2 are initially in phase, with the same wavelength ? in air. ?Ray 2 goes through a material with length L and index of refraction n. The rays are then...
-
A camera lens with index of refraction greater than 1.30 is coated with a thin transparent film of index of refraction 1.25 to eliminate by interference the reflection of light at wavelength i that...
-
John Adams plans to retire at the age of 62. He wants an annual income of $60,000 per year. John is currently 45 years of age. How much does he have to place at the beginning of each year into a...
-
Assume that four years and one month from today you plan to make the first of several annual withdrawals from an account. Your first withdrawal will equal $1000. You plan for these withdrawals to...
-
If I borrowed 15,000 in student loans at an annual interest of 7%. and then repay $1800 per year, then how long will it take me to repay the loan?
Oracle SOA BPEL Process Manager 11gR1 A Hands On Tutorial 1st Edition - ISBN: 1849688982 - Free Book
Study smarter with the SolutionInn App