Explain the cost structure of the air carriers
The cost structure consists of a high proportion of variable costs relative to fixed costs. The variable costs are about 80 percent of total operating costs, while 20 percent are fixed. The fixed costs are low because of the public investment in airports and airways. The major items of airline operating expenses are labor and fuel. Labor costs amount to 35 percent and fuel about 30 percent of operating expenses. Maintenance and other costs consume the rest of the operating expenses.
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ABC Company is looking at hiring a new leadership team. They want to make sure that they are hiring the best possible people they can find, and that the new leadership team is well versed in organizational behavior. ABC Company should focus on the following skill______.
A. disregarding external forces B. ineffective communication skills C. managing poor performance D. ignoring the impact of global competition
A company uses the retail inventory method and has the following information available concerning its most recent accounting period:?At CostAt RetailJanuary 1 beginning inventory$167,340$304,240Cost of goods purchased 561,8501,021,560Sales?940,400Sales returns?40,2001. Use the retail inventory method to estimate the company's year-end inventory at cost.2. A year-end physical count at retail prices yields a total inventory of $404,800. Prepare a calculation showing the company's loss from shrinkage at cost and at retail.
What will be an ideal response?
One of the most significant areas of research at ______ is communicable disease research.
A. Work–Life Balance Institute B. Social Security Administration C. Health Care Institute D. National Institute of Occupational Safety and Health
A principal owes an agent a duty of compensation
a. True b. False Indicate whether the statement is true or false