Answer:
The correct option is d) 12.75
Explanation:
Given,
The original price, P = $ 3.50,
Growth rate per year, r = 9.0% = 0.09,
So, the price after t years,
If A = 3P = 3(3.50) = 10.5,
Taking log both sides,
Hence, it will take 12.75 years for Ellis EPS to triple.
i.e. 'option d' is correct.
First, the quotation for each car model has to be obtained. The quotation must include the taxes including insurance.Then, a comparison is done taking into account the mileage and the maximum allotted budget for the other expenses which is $800.
Answer:
Niche strategy
Explanation:
The niche strategy is a marketing strategy in which the business is the focus on the small market having a large share on it.
It builds a long term relationship with the customers by providing the best goods and high-quality services by gaining maximum satisfaction.
It is suitable for small businesses as well as large businesses that are offering specialized products to the customers.
They analyze the customers by occupation, interest so that they get to know about their purchasing power and in return, the customer is satisfied with the product
Answer:
Percentage of assets in inventory = 11.26%
Inventory turnover = 8.41 times
Explanation:
The computation of the percentage of assets committed to inventory and inventory turnover is shown below:-
Total inventory = Raw material + Work in progress + Finished goods inventory
= $0.76 billion + $0.12 billion + $0.82 billion
= $1.7 billion
Percentage of assets in inventory = Total inventory ÷ Total assets
= $1.7 ÷ $15.1
= 11.26%
Inventory turnover = Cost of goods sold ÷ Total inventory
= $14.3 ÷ $1.7
= 8.41 times
I think the correct answer from the choices listed above is option C. Managerial accounting generates information for use outside the organization. <span>By </span>using<span> managerial accounting </span>information<span>, both managers and employees can evaluate how well they have done in the past and </span>what<span> they can expect in the future.</span>