Kayak: What expenses are included under “Other administrative expenses” on the Income Statement?
This article is intended for students.
For the most part, “Other administrative expenses” includes expenses that change with the size of the company, such as:
- Telephone and internet
- Computer systems
- Office supplies and stationery
- Heat and electricity – Offices
- Donations and memberships
- Taxes, licenses, permits
- Professional fees – Legal and auditing
- Other administrative expenses
We have also included the cost of the market study under this item.
Related Articles
How to access the market study
This article is intended for students and instructors. This article is for Entrepreneurship, Management and Marketing simulations. You can consult the market study by clicking on the icon to the right of the title for each decision. The market study ...
Golf: Pro Shop - How is the average price calculated for the market study?
This article is intended for students. The average price reflects the selling price in each of the three categories (low-end, mid-range or high-end), weighted by the number of items purchased in each category. In the market study for the pro shop, ...
Kayak: How do I add new kayak models?
This article is intended for students. In the standard version of Praxar Kayak, it is not possible to add new kayak models. In the standard version, you need to select the appropriate features and suppliers for your existing model to position it ...
How is the price determined for unsold kayaks at year-end?
This article is intended for students. This article is for the Entrepreneurship simulation. At the end of each year, most companies will have some unsold kayaks in their warehouses. To find out exactly how many are left in the inventory, check the ...
Kayak: Why should I buy new ovens?
This article is intended for students. This article applies to both Kayak Standard and Kayak Plus versions. The main purpose of buying one or more new ovens is to increase the plant's production capacity with a long-term view to increasing the ...