Which of the Following Represents the Total Mixed Cost Equation

question 260

Multiple Choice

Which of the following represents the total mixed cost equation?

• A)y = vx + f
• B)y = vx - f
• C)= vx - y
• D)= vx + y

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Definitions:

Average Collection Period

The average number of days it takes for a business to receive payments owed by its debtors, typically used to assess the efficiency of a company's credit policies.

Credit Sale

A transaction where goods or services are provided to a customer with the agreement that payment will be made at a later date.

Usable Form

A state in which information or data is organized and formatted in such a way that it can be easily understood and utilized by its intended users.

Debt Ratio

A financial ratio that measures the extent of a company's leverage, calculated by dividing total liabilities by total assets.