Which of the Following Expenses Would Be Considered "Fixed

question 119

Multiple Choice

Which of the following expenses would be considered "fixed"?

• A)Wages
• B)Raw materials
• C)Utilities
• D)Rent

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Definitions:

Par Value

The nominal or face value of a bond, share of stock, or other financial instrument, as stated by the issuer.

Cash Dividend

A payment made by a corporation to its shareholders, usually as a distribution of profits.

Stockholders' Equity

Represents the residual interest in the assets of an entity after deducting liabilities, essentially the net worth attributable to shareholders.

Stock Dividend

Distribution of additional shares of a company's stock to its shareholders instead of cash.