A companys sales revenue decreased by 15% from one operating period to the next. Assuming no change
Question:
a. Fixed costs change?
b. Unit variable costs change?
c. Total variable costs change?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 52% (17 reviews)
a 0 By definition fixed costs do not change when ...View the full answer
Answered By
David Muchemi
I am a professional academic writer with considerable experience in writing business and economic related papers. I have been writing for my clients who reach out to me personally after being recommended to me by satisfied clients.
I have the English language prowess, no grammatical and spelling errors can be found in my work. I double-check for such mistakes before submitting my papers.
I deliver finished work within the stipulated time and without fail. I am a good researcher on any topic especially those perceived to be tough.
I am ready to work on your papers and ensure you receive the highest quality you are looking for. Please hire me to offer my readily available quality service.
Best regards,
4.60+
27+ Reviews
61+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
Markham Company incurred $200 of freight costs on inventory sold and shipped to customers FOB destination. Which of the following is an effect on Markham Company's financial statements? A Gross...
-
Vertical analysis (common-size) percentages for Palau Company's sales revenue, cost of goods sold, and expenses are listed here. Did Palau's net income as a percent of sales increase, decrease, or...
-
Horizontal analysis (trend analysis) percentages for Phoenix Company's sales revenue, cost of goods sold, and expenses are listed here. Explain whether Phoenix's net income increased, decreased, or...
-
Determine the maximum weight of the crate so that the tension developed in any cable does not exceed 450lb. 2 ft 1ft 2 f 2 ft,
-
a. Fortune Co. receives $30,000 cash in advance for four months of legal services on October 1, 2011, and records it by debiting Cash and crediting Unearned Revenue, both for $30,000. It is now...
-
If |r| < 1 the sum of the geometric series is _____. 00 2ark-1 k=1
-
Explain precondition and post-condition by examples.
-
Specifications for the computer upgrades in Problem 4 are 78 minutes and 81 minutes. Based on the data given in the problem, are the specifications being met? Estimate the percentage of process...
-
Identify the test market you selected for the product you are launching. Explain how you selected the test market. How does this test market reflect your overall target market? What legal and ethical...
-
A good straw man learning algorithm is as follows: create a table Out of all the training examples identify which output occurs most often among the training examples; call it d. Then when given an...
-
Below is a list of costs. Classify each of them as variable, fixed, or mixed (a combination of variable and fixed components). a. Cost of raw materials used in producing a firms products. b. Property...
-
Triax Corp. produced 50,000 gizmos at a total cost of $1,600,000 (including $400,000 of fixed costs) in the fiscal year just completed. If fixed costs and unit variable costs do not change next year,...
-
In Figure a thin horizontal bar AB of negligible weight and length L is hinged to a vertical wall at A and supported at B by a thin wire BC that makes an angle with the horizontal A block of weight...
-
Ivy begins trading as a farmer on 1 January 2019, making up annual accounts to 31 December. Her adjusted trading profits/(losses) in the opening years are as follows: (a) Compute Ivy's trading income...
-
For each of the following taxpayers, state the dates on which the 2021-22 income tax is due to be paid and calculate the amount payable on each date. (Ignore Class 4 NICs). (a) Guy's 2020-21 income...
-
Julian, a self-employed shopkeeper, takes goods costing 30 from his trading stock for his own personal use. If he had sold the stock to a customer he would have charged 45. When computing his trading...
-
(a) As from 1 January 2022, a motor car with a retail price of 21,000 is leased for four years at a cost of 300 per month. The car is used only for trade purposes and has an emission rating of...
-
Jabran did not receive a notice to file a tax return for 2020-21 but he was aware that he had income which had not been assessed to tax. He notified HMRC of this fact on 2 October 2021 and a return...
-
Find the four second partial derivatives. Observe that the second mixed partials are equal. z = e x tan y
-
Akramin just graduated with a Master of Engineering in Manufacturing Engineering and landed a new job in Melaka with a starting salary of RM 4,000 per month. There are a number of things that he...
-
To the nearest day, how long will it take a $20,000 investment to grow to $22,000 (including accrued interest) if it earns 3% compounded quarterly? Assume that a quarter-year has 91 days.
-
The proceeds from the sale of a $4500 five-year promissory note bearing interest at 5% compounded quarterly were $5277.81. How many months before its maturity date was the note sold if it was...
-
An investment grew in value from $14,380 to $21,570 during a five-year period. During that same period, the Consumer Price Index rose from 116.5 to 125.2. What was the compound annual real rate of...
-
Prove that Russian multiplication does what it needs to do, i.e. the result is the product of the two integers. Do not use the proof of the book. It is mainly an exercise in understanding the binary...
-
What is the fundament difference between growing a unicorn versus a camel? What are the financial recommendations for start-ups and the reasons given for those choices? Do you agree with these...
-
16. Nickel Inc. bought $500,000 of 3-year, 9% bonds as an investment on December 31, 2015 for $545,000. Nickel uses straight-line amortization. On May 1, 2016, $100,000 of the bonds were redeemed at...
Study smarter with the SolutionInn App