Answer:
12%
Explanation:
Annual net income:
= Increase in annual revenue - Increase in annual costs
= $220,000 - $160,000
= $60,000
Average investment:
= (Initial investment + Salvage value at the end) ÷ 2
= (980,000 + 20,000) ÷ 2
= $500,000
Annual rate of return:
= (Annual net income ÷ Average investment) × 100
= ($60,000 ÷ $500,000) × 100
= 12%
Answer:
It has broadened the marketing efforts to include a wider customer base which could improve sales.
Explanation:
Advertising to a broader customer base will both convince that larger customer base that the company has something to offer. For many, the obvious diversity awareness of the company will be an additional factor attracting increased sales and a more diverse hiring pool.
Answer:
The paper cups and plastic cover lids are complimentary products. When you purchase plastic cups it follows that you would buy the plastic cover. Increase in demand of one leads to increase in demand for the other.
Meanwhile relationship between sugar and artificial sweeteners is one of substitution. Since sugar can replace artificial sweetener and vice versa, increase in demand for on will result in reduced demand for the other.
Explanation:
Answer:
Option B. Maintain barriers between departments
Explanation:
The reason is that Deming's 14 principles talk about the transformation and achieving better results by eliminating the barriers involved in transforming. Deming said that all those elements that are barrier to improvement, cost reduction and quality must be eliminated and a system of transformation must be designed that promotes constant improvement, change adoption, elimination of quotas and numerical goals, elimination of barriers between department so that better results like quality improvement and cost reduction can be achieved.
Hence saying Daming said that the barrier between departments must be maintained is wrong as it is barrier to transformation.
Answer:
The interest expense is $53887.8
Explanation:
Given the annual payment made by Blossom in the beginning of the year is $17000.
The interest expense have to determined:
The present value of lease payment = $708878
The payment made on the beginning of year = $170000
Outstanding principal amount as on 31 december 2021, 708878 – 170000 = $538878
Given effective interest rate is 10%
Now calculate the interest expense.
