Answer: 35.49
Explanation:
The projected sales will be:
= $76,000 × $36
= $2,736,000
The desired return on the investment will be calculated as the Investment multiplied by the desired return rate. This will be:
= $240,000 × 16%
= $240,000 × 0.16
=$38,400
The total target cost will now be:
= $2,736,000 - $38,400
= $2,697,600
The The target cost per crepe maker is closest to:
= $2,697,600/$76,000
= 35.49
Answer:
The correct answer is c. incorrect because wages and prices tend to be highly inflexible downward.
Explanation:
When there is unemployment the demand curve slopes downwards but wages and prices are inflexible downwards. The above statement is therefore incorrect because the wages and prices are highly inflexible and the workers may not be willing to work for a lower pay. This is highly dynamic and depends on the workers choices and needs.
Answer:
The correct answer is letter "C": CIO.
Explanation:
The CIO or Chief Information Officer is the high executive responsible for all the Information Technology (IT) systems of a company at the process level and from the planning point of view. The CIO analyses the benefits the firm can take from new technologies, identifying which ones are of the interest of the company and evaluating its functioning.