Answer:
22%
Explanation:
The formula to compute the accounting rate of return is shown below:
= Average net income ÷ average investment
where,
Average net income is
= Total income ÷ number of years
= $148,500 ÷ 5 years
= $29,700
And, the average investment would be
= (Cost - salvage value) ÷ 2
= ($300,000 - $30,000) ÷ 2
= $270,000 ÷ 2
= $135,000
Now put these values to the above formula
So, the rate would equal to
= $29,700 ÷ $135,000
= 22%
<u>These reasons include</u>:-
- Increased job satisfaction and morale among employees.
- Increased employee motivation.
- Increased efficiencies in processes, resulting in financial gain.
- Increased capacity to adopt new technologies and methods.
- Increased innovation in strategies and products.
- Reduced employee turnover.
Answer:
Explanation:
Sales: 850,000
Variable Cost: (850,000*60%) = <u>510,000</u>
Contribution Margin = 850k-510k= <em>340,000</em>
Fixed cost = 174,000
Depreciation = <u>75,000</u>
Earnings Before Taxes = <em>91,000</em>
Taxes (30%) = <u> (27,300)</u>
<h3>Net Income <u>
63,700</u></h3>
Answer:
The anwser is B "heating food on the screen."
Explanation:
Say it outloud and listen to yourself.
Answer:
The answer is: June 30
Explanation:
The revenue recognition principle states that revenue should be recognized on the period in which the company has substantially completed the earning process.
The printing shop delivered menus worth $1,000 on June 30, so we can consider that it had substantially completed the earning process.