Answer:
outsource the accounting function to another firm
Explanation:
Based on this information regarding Marcus' situation, the best advice would be for him to outsource the accounting function to another firm. This is something that many individuals/companies do and will allow Marcus to focus all of his time and energy on what he is best at (which is helping his clients with their marketing challenges.) while at the same time making sure that the accounting tasks such as billing the clients are done quickly and correctly.
The answer is right, if not are there choices
Answer:
I would think about what I could use to get my audiences attention and something that would be interesting for everyone so that everyone can learn something.
Explanation:
Answer:
5.6%
Explanation:
Internal growth rate can be calculated as below:
Internal growth rate = (Return on asset x Retention Rate)/[1 - (Return on asset x Retention Rate)]
Retention rate = 1 - Payout ratio = 1 - 30% = 70%
Return on asset = Net income/Asset = 82,490/1,089,500 = 7.6%
Putting all the number together, we have:
Sustainable growth rate = (7.6% x 70%)/[1 - (7.6% x 70%)] = 5.6%
Answer:
Phi Upsilon Nu
The total annual costs for the Alpha Ave. location with twenty persons living there is:
= $9,000.
Explanation:
a) Data and Calculations:
ANNUAL OPERATING COSTS
LOCATION FIXED VARIABLE Total Costs
Alpha Ave. $5,000 $200 per person $9,000 ($5,000 + $200 * 20)
Beta Blvd. $8,000 $150 per person $11,000 ($8,000 + $150 * 20)
b)The variable cost of each location varies according to the number of persons living there and the rate incurred per person. The fixed cost does not vary, at least, with the relevant range for either location. When the total variable costs are computed, these are added to the fixed cost to obtain the total costs. Then there is a comparison of the two locations to determine the location with the least total costs.