₦airaland Forum

cee001:
ok...I get...thanks

Mogten:
Operating costs are cost of goods or services that are used up in a production process. Goods such as fuel, fertilizer, wages etc... all form the operating costs. Operating costs vary because their prices depend on the behaviour of other factors. Put in other words, they are externally determined. Take for instance, the amount paid labourers as wages depends on the volume of output and its marketability. The higher the volume of output and its marketability, ceteris paribus, the higher will be the wages paid workers as remuneration and vice versa. Likewise the price of fuel depends upon its output, its market and the cost incurred in producing it. Seeing as market conditions often change, their prices fluctuate and are therefore not constant. Fixed costs on the contrary do not vary with the level of output or any external factor. Take for instance, I lent you N100,000 on a written agreement that you will pay me 10% interest on it per annum, regardless whether you make profit or losses, you ought to honor the agreement and pay me the said amount as at when due. Wages on the other hand, can be reduced to cut losses. I hope that was clear enough. Pardon my epistle.

beatsbug:
is it right and r u suppose to take those drugs right now wit ur current treatments at eko hospital??

Mogten:
On the terms of trade one, D is the correct answer. This is because TOT is expressed as the ratio of exports prices to import prices, and not the ratio of exports to imports. Option A ignores the the underlining word, which is "prices", and as such borders on "quantities". And as for the fixed cost question, depreciation, interest, insurance, taxes and repairs of machinery are all ownership costs... And ownership costs are fixed costs. So, interest on loan is a fixed cost. Wages on the other hand are as variable as it can ever get. So, option E is the correct answer. Wages are operating costs. All operating costs can be varied.

Mogten:
On the terms of trade one, D is the correct answer. This is because TOT is expressed as the ratio of exports prices to import prices, and not the ratio of exports to imports. Option A ignores the the underlining word, which is "prices", and as such borders on "quantities". And as for the fixed cost question, depreciation, interest, insurance, taxes and repairs of machinery are all ownership costs... And ownership costs are fixed costs. So, interest on loan is a fixed cost. Wages on the other hand are as variable as it can ever get. So, option E is the correct answer. Wages are operating costs. All operating costs can be varied.

cee001:
Ok thanks do far... I bring again two questions as follows;
1.Which of the following is NOT a part of the fixed costs of a limited liability company? A. Interest on loans B. Rent on buildings C. Depreciation reserves D. Management expenditure E. Wages

2. By terms of trade ,we mean the A. ratio of exports to imports B. difference between exports and imports C. difference between current account and capital account D. index of export prices to import prices to import prices expressed as a percentage E. ratio of short-term capital movements to long-term capital movements

...I just want to be sure of the answers because that which I chose as answers to the both questions were wrong according to my past qst. answer...And I feel they got it wrong..

searching4love:



INI EDO IS SHAMELESS. I MEAN HOW CAN A SANE WOMAN BE JUMPING FROM MAN TO MAN THIS GOLD DIGGING TENDENCIES STILL FOLLOWS MOST NIGERIAN WOMEN TO MARITAL LIFE. ONCE THEY ACQUIRE ENOUGH BENEFITS THEY RUN TO THE NEXT MAN. MARRIAGE IS VALUELESS IN NIGERIA DUE TO THE IMMORALITY OF THE LADIES OF THIS GENERATION.

THIS IS WHY I WILL NEVER MARRY A NIGERIAN LADY. I RATHER DIE SINGLE OR LOOK FOR WIFE IN ANOTHER COUNTRY

searching4love:



THIS IS WHY I WILL NEVER MARRY A NIGERIAN LADY. THEY ARE FULL OF IMMORALITY AND NOT ASHAMED TO DISPLAY IT IMAGINE A GIRL BITCHING RIGHT IN FRONT OF HER FAMILY AND INLAWS. THIS IS A SHAME AND I WILL RATHER DIE SINGLE

beatsbug:
why not walk directly into a bank and pay it directly to his account.

ba7man:
Kanu Nwankwo has been doing somthing similar for over a decade.

Countless Nigerians too regularly sponsor less priviledged people for free surgeries in India and other countries.

Why must GEJ with access to the National coffers be an exemption??

Crap, for every eye surgery GEJ sponsors, consider the hundreds that died at the Hands of Boko Haram that he ignored to Politik, girls kidnapped that he denied their existence and the millions that stand to loose from the economic downturn looming due to GEJ's corrupt goons robbing the Nation.

oweniwe:
Hi Bebe Gal....!!...

Thanks for saying Hi to me...!!

From the bottom of my heart, i wish you a lovely weekend....!!...

barcanista:
My dear, if barcanista can sing Jonathan's song, then you should consider... GMB is a great man, but the hawks around him are the causes of our problems.

oweniwe:
the amount of gbagaun people are "commiting" now a days.... Even graduates..... Its pathetic....

They will blame government....
No be government... Na lack of book reading habit for secondary school dey cause am

saintandsinnerz:
Then park out from the bush you are living

olaoyejcb:
ummmmm