1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vesnalui [34]
2 years ago
11

Real Wood Structures Company has invested $1,040,000 in a plant to build small tool sheds. The target operating income desired f

rom the plant is $156,000 annually. The company plans annual sales of 1200 sheds at a selling price of $1100 each. What is the target rate of return on investment for Real Wood Structures Company
Business
1 answer:
svlad2 [7]2 years ago
4 0

Target rate of return = $156,000 / $1,040,000 = 15%

<h2>What is target rate return?</h2>

Market leaders or monopolists nearly exclusively use the pricing method known as target rate of return pricing. Rate of return pricing is a technique used by businesses to set product prices in a way that eventually helps them achieve their main objective or return on invested capital.

<h3>What is target return and exchange policy?</h3>
  • According to Target's regular return policy, you have 90 days from the date of purchase to return an item for a full refund or exchange. Most of the time, you'll receive your refund in the same payment method that you first used to make the transaction. In rare circumstances, you might have to accept an exchange if the product has been used or is damaged.
  • By using the goal rate of return on investment, or what the company anticipates from the venture's investments, the firm sets the price for a product or service. The rate of return pricing helps the business generate the necessary amount of profit to keep its liquidity. The price is set so that if sales continue to grow at the rate they are now, the ultimate objective of creating corporate profit is achieved.

learn more about target rate of return at

brainly.com/question/14237644?referrer=searchResults

#SPJ4

You might be interested in
An article on the health care industry revealed several assumptions that health care administrators have adopted during the last
Viefleur [7K]

Answer:

Letter C is correct. <u>The Theory X style of management.</u>

Explanation:

The most suitable alternative is the letter C.<u> </u>The Theory X style of management.

Theory X can be defined as one of the currents of thought proposed by Douglas Mcgregor in 1960, and refers to assumptions about the behavior of employees in the workplace, this means that management must be developed from the actions and behaviors of employees , from there different styles of planning, controlling, organizing and dividing tasks will emerge.

In administration based on theory X, the individual is considered self-centered, without ambitions and needs supervision to exercise self-discipline and self-control. Economic benefits must be offered as a form of incentive and punishment.

According to theory X, employees avoid responsibility, so there must be economic incentives for them to be more ambitious and productive.

5 0
2 years ago
When firms purchase new capital we call this _____
tatuchka [14]

Answer:

Business fixed investment

Explanation:

The <u><em>purchase by firms of new capital goods</em></u> such as machinery, factories, and office buildings. (Remember that for the purposes of calculating GDP, long-lived capital goods are treated as final goods rather than as intermediate goods.) Firms buy capital goods to increase their capacity to produce.

6 0
3 years ago
Read 2 more answers
Motivation consists of being enthusiastic, energized, and engaged to achieve a goal or objective. The three basic elements of mo
Vlad1618 [11]

Answer:

The statement is: True.

Explanation:

Motivation is what drives individuals or organizations to achieve their objectives. Leaders must find ways to keep their subordinates constantly incentivized so their productivity level remains at their highest level possible. In some other cases, reaching personal goals is what drives people. In such scenarios <em>pride, self-interest, </em>and <em>success</em> boost individuals' morale pushing them to their limits.

6 0
3 years ago
Read 2 more answers
At a specific point on the demand curve for backpacks, the elasticity of demand is calculated to be -0.5.a. At that point, we wo
anzhelika [568]

Answer:

Inelastic; 5%; fall; 10%; rise

Explanation:

Price elasticity of demand is always negative for normal goods. This happens because of the law of demand, that demand falls with rise in price.

Price elasticity between 0 and 1 shows inelastic demand.

This means that there is smaller change in demand due to a greater change in price level.

Price elasticity of demand is -0.5.

If the price falls by 10%, demand will increase by 5%.

The revenue will fall, because of greater fall in price.

If the price increases by 20%, demand will fall by 10%.

Revenue will increase because of greater increase in price.

4 0
3 years ago
Read 2 more answers
a power company decides to use wind turbines to provide electricity instead of coal. which basic economic question does this dec
Rufina [12.5K]

How will goods or services be produced? is the basic basic economic question does this decision answer in a free market economy.

<h3>What is a Market economy?</h3>

In a market economy, firms and individuals interact to determine how much goods and services should cost and how to best allocate scarce resources. This word often refers to an economy that is more market oriented overall, however there may be some government intervention or central planning.

Classical economists like Adam Smith, David Ricardo, and Jean-Baptiste Say created the theoretical framework for market economies. These traditional liberal proponents of the free market thought that the "invisible hand" of the profit motive and market incentives typically led economic decisions in directions that were more productive and efficient than government economic planning.

Learn more about market economy

brainly.com/question/11471834

#SPJ4

6 0
1 year ago
Other questions:
  • Which of the following statements is CORRECT? a. Well-designed bond covenants are useful for reducing potential conflicts betwee
    10·1 answer
  • Like a good economist, you calculated the opportunity cost of getting your college degree. suppose that at your university, you
    8·2 answers
  • Now, suppose the government were to decrease net taxes by $20 billion without changing the level of government purchases. This w
    8·1 answer
  • Karen is a financial analyst. At work, she uses logic to reason and solve novel financial problems. This is an example of _____.
    6·1 answer
  • What is the primary focus of marketing philosophy? Selling the product at the highest possible price Managing activities to maxi
    12·1 answer
  • Okun’s law suggests that:
    12·1 answer
  • A _____ is a person who specializes in matching jobs with people and usually works only with higher level positions.
    5·1 answer
  • What organization can you contact to find local trade shows?
    7·1 answer
  • Any single people over 15 talking comments please ​
    10·1 answer
  • Lincoln, Inc., which uses a volume-based cost system, produces cat condos that sell for $140 each. Direct materials cost $22 per
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!