Answer:
Accounting rate of return = 20.53%
Explanation:
<em>The accounting rate of return is the average annual income expressed as a percentage of the average investment.</em>
The simple rate of return can be calculated using the two formula below:
Accounting rate of return
= Annual operating income/Average investment
× 100
Average investment = (Initial cost + scrap value)/2
= 30,000/2= 15,000
Accounting rate of return = ( 3080/15,000) × 100
= 20.53%
Accounting rate of return = 20.53%
Answer:
The cost of December merchandise purchases would be <u>$184,825</u>
Explanation:
budgeted sales December $290,000
cost of goods sold 65% of sales revenue = $290,000 x 65% = $188,500
+ desired ending inventory = $280,000 x 65% x 55% = $100,000
total goods required = $288,500
- beginning inventory = $290,000 x 65% x 55% = $103,675
total merchandise purchases = $184,825
Marketing strategies are not whole-company plans.
Explanation:
A marketing strategy relates to a company's overall strategy that seeks to attract and transform buyers of the goods or services the company provides into customers. The company's value proposition, primary advertising branding, consumer target preferences details and other components are included in a marketing strategy.
Marketing strategies would preferably be broader than specific marketing plans, as they contain meaning ideas and other key elements of a brand that are largely consistent on a long-term basis. In certain words, marketing strategies provide broad-based advertising while marketing plans identify detailed campaign logistic information.
<span>It's true that an employee's career development can be a double-edged sword for an organization. While it can lead to the employee taking on greater responsibilities and performing better, it can also affect their preferences and motivate them to seek out new job opportunities at a different organization.</span>
I would say the answer is retail sales, no sales= no business= no money= bankrupt