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A good example of a fixed obligation in a business office is a lease agreement for office space. This contract typically requires the business to make regular monthly payments, regardless of the office's occupancy or usage. Other examples include equipment rental agreements or long-term service contracts, where the business commits to pay a set amount over a specified period. Such obligations can impact cash flow and financial planning for the organization.
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What is a contingent obligation?
An obligation that is not now fixed but will become fixed after the occurence of a future event such as pending litigation, guaranty, etc.
What is an example of a fixed cost for a company?
An example of a fixed cost for a company is rent or lease payments for office or manufacturing space. This cost remains constant regardless of the level of production or sales, meaning the company pays the same amount each month. Other examples include salaries for permanent staff, insurance premiums, and property taxes. Fixed costs are essential for budgeting and financial planning as they do not fluctuate with business activity.
When is fixed cost relevant in decision making?
When there will be change in fixed cost of business then at that time fixed cost will be relevant cost For Example if acquiring new machinery will reduce the amount of fixed expense in that case fixed cost is also relevant.
What obligation does a business owner have to a investor who purchases a bond for financing?
Bonds investors are obligated whether in a corporation or government entity to provide a fixed percent rate return and a definite maturity date.
In estimating the profitability of a catering business blank is most likely to be considered a fixed expense in your overhead cost?
An example of a fixed cost for catering would include rent; utilities, equipment and insurance.
What is a contingent obligation?
An obligation that is not now fixed but will become fixed after the occurence of a future event such as pending litigation, guaranty, etc.
Example of fixed costs in a pizza business?
I would suggest that a possible fixed cost would be the salary of the owner.
Characteristic of a fixed asset is that it is?
A characteristic of a fixed asset is that it is used in the operation of a business. Examples of fixed assets include office equipment, computers, and machinery.
What is an example of a fixed cost for a company?
An example of a fixed cost for a company is rent or lease payments for office or manufacturing space. This cost remains constant regardless of the level of production or sales, meaning the company pays the same amount each month. Other examples include salaries for permanent staff, insurance premiums, and property taxes. Fixed costs are essential for budgeting and financial planning as they do not fluctuate with business activity.
When is fixed cost relevant in decision making?
When there will be change in fixed cost of business then at that time fixed cost will be relevant cost For Example if acquiring new machinery will reduce the amount of fixed expense in that case fixed cost is also relevant.
Do I Have To Show My Business Tax Certificate?
Yes. Anyone or entity involved in business in a fixed place shall keep your certificate published inside a noticeable place upon the site where such business is carried out. Anyone involved in business, although not operating from the fixed office, shall keep your certificate released to her or him whatsoever occasions while participating in such business.
What obligation does a business owner have to a investor who purchases a bond for financing?
Bonds investors are obligated whether in a corporation or government entity to provide a fixed percent rate return and a definite maturity date.
What are the example of fixed joints?
An example of a fixed joint is the skull
In estimating the profitability of a catering business is most likely to be considered a fixed expense in your overhead costs.?
An example of a fixed cost for catering would include rent; utilities, equipment and insurance.
What is a fixed assets inventory?
fixed asset inventory means the inventory of all fixed assets in business used to generate revenue of business.
How can one calculate the average fixed cost for a business?
To calculate the average fixed cost for a business, you divide the total fixed costs by the quantity of output produced. This gives you the cost per unit of fixed expenses incurred by the business.
In estimating the profitability of a catering business blank is most likely to be considered a fixed expense in your overhead cost?
An example of a fixed cost for catering would include rent; utilities, equipment and insurance.
