All categories

3 years ago

The _______ test asks the question: is the industry profitable or capable of being profitable?

1 answer:

meriva3 years ago

4 0

<span>The attractiveness test asks the question: is the industry profitable or capable of being profitable. It is a fundamental test for managers and investors and helps to establish a baseline of performance expectation. An answer of 'no' to the attractiveness test indicates that the industry is not likely to be a good investment.</span>

You might be interested in

A company pays each of its two office employees each Friday at the rate of $100 per day each for a five-day week that begins on

MatroZZZ [7]

<h3>Answer:</h3>

Debiting salaries Expense $400 and Crediting Salaries payable $400.

<h3>Explanation:</h3>

We are given;

1 employees earns $ 100 a day

Therefore;

2 employees will earn $ 200 a day

The month ends on Tuesday, but the two employees works on Monday and Tuesday.

Therefore, the month-end adjusting entry to record will be the amount earned by the two employees on the two days.

Two employees for 2 days = $200/day × 2 days

= $400

But, salary is an expense, and in the accounts an increase in expense account is debited.

According to the rule of double entry, an increase in salaries expense decreases the salaries payable. Therefore, we debit salaries expense account and credit salaries payable account.

Therefore, the month-end adjusting entry to record the salaries earned but unpaid would be;

Debiting salaries Expense $400 and Crediting Salaries payable $400.

3 0

3 years ago

Money Market Mutual Find Balances held by Businesses $100 Money Market Mutual Fund Balances held by Individuals 220 Currency in

oksian1 [2.3K]

Answer:

Explanation:

M2= 60+70+50+220+80= $480

hence option A is correct

MZM = $480-80+100= $500

4 0

3 years ago

Read 2 more answers

Management is the attainment of organizational goals in an effective and efficient manner through ______, ______, ______, and __

Ainat [17]

Answer:

b. planning, organizing, leading, and controlling

Explanation:

The management is an achievement of organizational goals in an effective as well as an efficient way through <u>organizing, planning, controlling and leading</u> organizational sources. Basically organizational goals are strategically placed aims that plan expected outcomes furthermore supervise subordinates' efforts. There are three kinds of organizational goals they are as follows:

* Tactical

* Strategic

* Operational goals

Organizing, planning, controlling and leading are the qualities that are very effective.

3 0

3 years ago

Green Haven is an organization whose earnings are exempt from federal and state income taxes. Individuals who contribute money t

Ymorist [56]

Answer:

Non-profit organisation

Explanation:

According to the given details, Green heaven is probably a non-profit organisation. Non-profit organisations or NGOs are usually exempted from federal and state income taxes. These organisations are exempted from the taxes to encourage voluntary work and to help poor and needy people. Some Non-profit organisations are also listed in the stock market and they also pay dividends.

6 0

3 years ago

XYZ Co. is using a predetermined overhead rate that was based on estimated total fixed manufacturing overhead of $121,000 and 10

stira [4]

Answer:

the predetermined overhead rate is $12.10

Explanation:

The computation of the predetermined overhead rate is shown below:

The Predetermined overhead rate is

= (Estimated total fixed manufacturing overhead ÷ Estimated direct labor hours)

= ($121,000 ÷ 10,000)

= $12.10

hence, the predetermined overhead rate is $12.10

6 0

3 years ago