Which of the Following Is Generally a Fixed Cost

question 143

Multiple Choice

Which of the following is generally a fixed cost?

• A)Property taxes on land used in production.
• B)Wages.
• C)Profit taxes.
• D)Utilities.

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Definitions:

Cash Flow

The entire monetary cycle within and outside a corporation, importantly determining its instant financial stability.

Assets

Economic resources owned by a business or individual that are expected to provide future benefits.

Dividends

Dividends are payments made by a corporation to its shareholders, typically out of its profits, as a distribution of earnings.

Net Income

The remaining earnings of a business after subtracting all expenditures and taxes from its total income.