Answer:
Simple rate of return = 6.25%
Explanation:
As per the data given in the question,
Net operating income = saving - depreciation on machine
Investment = cost price - scrap value
So, we can calculate the simple rate of return by using following formula:
Simple rate of return = Net operating income ÷ investment
By putting the value, we get
= ($138,000 - $89,200) ÷ ($802,800 - $22,200)
= 0.0625
= 6.25%
The invention of restaurant foods is what distinguished modern restaurants from predecessor food service operations.
<h3>What is meant by food service operations?</h3>
An establishment that serves meals designed to be served in individual quantities for a fee or a mandated donation is known as a food service operation. Restaurants, nursing homes, hospitals, prisons, coffee shops, and candy stores are a few examples of FSO.
Controlling food expenditures is essential for a successful restaurant, which is why food service management is so important. FSMs assist firms in remaining profitable by training staff on serving and preparation standards, maintaining a careful inventory of stock, and identifying various sources for the most affordable ingredients.
The earliest signs of the food service sector date around 3000 BC during the Sumerian era. The majority of the time, temples and palaces served food. They hired chefs, who prepared meals for the aristocracy and visitors.
The invention of restaurant foods is what distinguished modern restaurants from predecessor food service operations.
To learn more about food service operations refer to:
brainly.com/question/26298316
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3. I would want the elected representative to support this. If there is a tax on clothing coming in then it would be more expensive and less people will buy it.
6. I wouldn't want the elected representative to support this. This would eliminate entry barriers and price controls, which would most likely make the trucking company that my factory uses to transport prices' go up.
I don't know the rest
Answer:
We can assume that Sparks Corporation is going to pay preferred stockholders first:
preferred stock dividends = $100 x 8% x 3,000 = $24,000
If the corporation doesn't owe any previous dividends to preferred stockholders, then the remaining $81,000 (= $105,000 - $24,000) should be distributed to common stockholders.
Each preferred stock will receive a $8 dividend. I don't know the amount of outstanding common stock, so it is not possible to determine how much dividend will be distributed for each common stock outstanding.
