Shannon Vale Is Considering the Start-Up of a Service Company

question 20

Multiple Choice

Shannon Vale is considering the start-up of a service company. She has compiled information on costs as follows: With the cost data provided, determine the fixed costs and variable cost per km.

• A) Fixed costs: $4425; Variable costs: $1.031
• B) Fixed costs: $5,186; Variable costs: $0.818
• C) Fixed costs: $6,200; Variable costs: $0.966
• D) Fixed costs: $5,726; Variable costs: $0.952
• E) Fixed costs: $7,752; Variable costs: $1.048

Comprehend the significance of choosing the right data types and methods for efficient coding practices.

Develop the ability to write simple Java programs that utilize input and output operations.

Acquire knowledge on the standard Java code libraries and their organization into packages, classes, and methods.

Enhance problem-solving skills by writing code snippets and larger programs for specific tasks.

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Definitions:

Firm's Assets

The economic resources owned by a business, including cash, property, equipment, and intellectual property, which are used to generate revenue.

Stock Split

A business procedure in which a corporation splits its current shares into more shares to increase the shares' marketability.

Round Lot

A standardized number of units of an asset or security, usually used as the normal trading unit in the stock market.

Clientele

Refers to the base of customers or clients who regularly do business with an establishment or who are served by an organization, professional, or agency.