Which of the Following Is an Example of a Fixed

question 54

Multiple Choice

Which of the following is an example of a fixed cost?

• A)Paper used in the manufacture of textbooks.
• B)Surgical supplies used in a hospital's operating room
• C)The wages of part-time workers who are paid $8 per hour.
• D)Gasoline consumed by salespersons' cars.
• E)Property taxes paid by a firm to the City of Hamilton.

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Definitions:

Desired Allotment

The quantity of shares an investor hopes to receive during a public offering or other allocation process.

Ex-Rights Date

The first day a stock trades without the right to receive a specific dividend or distribution announced by the company.

Stock Trades

The act of buying, selling, or exchanging shares of stock in the financial markets.

Holder-of-Record Date

The date set by a corporation by which an individual must be registered as a shareholder to be eligible to receive dividends or distributions.