1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ycow [4]
3 years ago
6

The service division of Raney Industries reported the following results for 2017.

Business
1 answer:
SVEN [57.7K]3 years ago
4 0

Answer:

$131,180; 21.53%

Explanation:

The controllable margin and the return on investment for 2017 are as follows:

Controllable Margin = Sales - Variable cost - Controllable fixed cost

                                 = $567,200 - $340,320 - $95,700

                                  = $131,180

Return on investment = Controllable Margin ÷ Average operating assets

                                     = $131,180 ÷ $609,100

                                     = 0.2153

                                     = 21.53%

You might be interested in
A leader, such as Bill Gates of Microsoft, who can inspire followers above their own self-interests and can have a profound effe
arsen [322]

Answer:

Transformational leadership

Explanation:

Transformational leadership is an authority style that can rouse positive changes in the individuals who pursue. Transformational pioneers are commonly vigorous, excited, and energetic. Not exclusively are these pioneers concerned and associated with the procedure; they are likewise centred on helping each individual from the gathering prevail as well. Through the quality of their vision and character, transformational pioneers can motivate supporters to change desires, judgements, and inspirations to move in the direction of shared objectives.

8 0
3 years ago
18. If the marginal product of capital net of depreciation equals 10 percent and the rate of population growth equals 2 percent,
zavuch27 [327]

Answer:

rate of technological progress = 8 %

Explanation:

given data

capital net of depreciation = 10 percent

Population growing rate = 2 percent.

solution

we will apply here Golden Rule that is

According to golden Rule level of capital accumulation is in steady state which have the highest level of the consumption

so here rate of technological progress is =  10% - 2 %

rate of technological progress = 8%

and here economy will at Golden Rule steady state

so correct answer is 8 percent

8 0
3 years ago
What is a foreign country that is currently being impacted financially due to the Coronavirus
Westkost [7]

Answer:

Macau

Explanation:

First, we need to understand that all countries are impacted financially due to the corona virus. It's predicted that Corona Virus will cause a loss of around $2.7 trillion in Global Economy.

That being said, some countries are impacted more than the others.

Especially those who rely on tourism and hospitality as their main economy. Macau is probably the one that got the hardest hit. Not only this country is located near China (where the virus originally came from) , tourism and hospitality accounted for around 43% of Macau's economy. Basically half of its  economic activity shut down due to the virus.

6 0
3 years ago
Read 2 more answers
The selling price per unit less the variable cost per unit is the ________.
OlgaM077 [116]

The selling price per unit less the variable cost per unit is the contribution margin per unit.

<h3>What is the contribution margin per unit.?</h3>

This is the term that is used to refer to the selling price that was used for the sale of a particular good minus the variable cost that was employed in the production of that particular good. It is the contribution that is made towards the payment of the fixed costs.

Hence we can say that The selling price per unit less the variable cost per unit is the contribution margin per unit.

Read more on contribution margin per unit here: brainly.com/question/13528647

#SPJ1

6 0
1 year ago
How did the government help the economy?
melomori [17]
The government helped the economy by preventing monopolies that way small independent buissness could survive.
5 0
3 years ago
Other questions:
  • When Sebastian wrote the contract with BP for over two billion dollar s, he included targets for performance that had to be met
    9·1 answer
  • Indicate whether each of the following statements is true or false. 1. The corporation is an entity separate and distinct from i
    5·1 answer
  • Having one person responsible for the related activities of ordering merchandise, receiving goods, and paying for them decreases
    10·1 answer
  • Given the following information from Power Enterprises’ direct materials budget, how much direct materials needs to be purchased
    14·1 answer
  • The advanced machinery used for limestone quarrying in a particular region leads to noise pollution and affects the hearing abil
    9·1 answer
  • A human resource employee who works in many different areas likely has a ______ job. a. generalist b. knowledge c. technical d.
    15·1 answer
  • What does the international banking system consist of?
    10·2 answers
  • Write in short about medical occupation. Enlist its importance.<br><br>​
    13·1 answer
  • The usual stated political goal of rent control isGroup of answer choicesto conduct social engineering via economic rules.prices
    12·1 answer
  • Why should an entrepreneur do a feasibility study for starting a new venture
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!