What are expenses that do not vary with the level of sales, such as rent, salaries, utilities,

Question:

What are expenses that do not vary with the level of sales, such as rent, salaries, utilities, insurance and other operating expenses?

A. Fixed costs

B. Variable costs

C. Balance sheet

D. Cash flow statements

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Entrepreneurship

ISBN: 9781975076344

1st Edition

Authors: OpenStax

See More Books

Question Posted: Oct 16, 2023 06:57 AM

See More Questions

You have been assigned the task to review the documentation of information technology function for an audit client. Attached are two lists of information. The first list has six categories of...
Mr. Burns, president of Greetings Inc., created the Wall Décor unit of Greetings three years ago to increase the company's revenue and profits. Unfortunately, even though Wall Décor's...
Complete the table T# Date Entries Dr. Cr. 1 please answer for the 16 transaction Transaction number Date June Transaction 1 1 st The owner invests 175,000 cash in the business. 2 2 nd The business...
Suppose that a surgical ward has gathered the following information for four nursing activities and two types of patients for the current period: Required: 1. Determine the total nursing costs...
Karen Thorpe is a purchasing agent for GymNast, Inc., a manufacturer of sports equipment. Karen has authority to sign checks in payment for purchases made by GymNast. Karen makes out three checks to...
No Growth Incorporated had operating income before interest and taxes in 2011 of $220 million. The firm was expected to generate this level of operating income indefinitely. The firm had depreciation...
At a particular location, the cross section of the Columbia River is as indicated in Fig. P10.34. If on a day without wind it takes $5 \mathrm{~min}$ to float 0.5 mile along the river, which drops...
After the partnership has been operating for a year, the Capital accounts of Bob and Kim are $15,000 and $10,000, respectively. The firm has cash of $12,000 and office equipment of $13,000. The...
Select at least two news articles that discuss demand, supply, and equilibrium price of two substitute products, like beef and chicken; butter and margarine. It can be two articles that discuss both...
Which of the following is a formal document that typically describes the business and industry, market strategies, sales potential, and competitive analysis, as well as the companys long-term goals...
What assesses the prowess of the management and sufficiency of resources to bring the product or idea to market? A. Management analysis B. Operational feasibility analysis C. Financial analysis D....
When an electric current is passed through a solution of copper chloride, what substance is liberated at the positive electrode? At the negative electrode?
Written Assignment: Answer each below using correct grammar, punctuation and complete sentences. 1. Identify and discuss four basic steps in a risk management program. 2. Define concepts of...
A 1500 kg car goes from 20.0 m/s to 8.33 m/s in 5.0 s. Calculate the acceleration and the force on the car? (i). (ii). How long does it take for the car to come to a complete stop
Charlotte Webb is visiting her sister Paula at her home in San Francisco, California. Because of the pandemic, Charlotte and Paula have not seen each other in over two years and the two make plans...
when Judy adds 1 . 0 kg of unknown liquid at a temperature of 2 5 \ deg c to 2 . 0 kg of water at a temperature of 4 5 \ deg c , the final temperature of the mixture is 4 0 \ deg c , assuming no loss...
What are the three component systems of the movie industry? Explain in details.
A company gives prospective managers four separate tests for judging their potential. For a sample of 30 managers, the test scores and the subsequent job effectiveness ratings (Rating) given one year...
Which of the following raises the credibility of areport? Which of the following raises the credibility of a report? Multiple Choice avoiding predictions avoiding the use of cause-effect statements...
X Company accepts goods on consignment from C Company, and also purchases goods from P Company during the current month. X Company plans to sell the merchandise to customers during the following...
Assume your company uses the periodic inventory costing method, and the inventory count left out an entire warehouse of goods that were in stock at the end of the year, with a cost value of $222,000....
DeForest Company had the following transactions for the month. Calculate the ending inventory dollar value for the period for each of the following cost allocation methods, using periodic inventory...
Watch the TED-Ed video titled "Why is the US Constitution so hard to amend?" Discuss the reasons why the US Constitution is difficult to amend. Do you think future generations are more likely to...
If an item cost $3,000 in 2007, what would be an equivalent amount in 2010 and 2011? Use the CPI provided in the following table. Year CPI Base Year 100 2005 102.8 $0.00 2006 Round to the nearest...
If a credit card company runs an ad quoting a nominal interest rate of 2 3 . 7 percent on charges. What is the effective interest rate if interest is compounded quarterly? monthly?

What are expenses that do not vary with the level of sales, such as rent, salaries, utilities,

Question:

Step by Step Answer:

The answer is A Fixed costs Fixed costs are expenses that remain the same regardless of the l...View the full answer

Entrepreneurship

Students also viewed these Business questions