Answer:
rate of return on investment = 52.4%
Explanation:
<em>The rate of return earned on the investment can be worked out using the Future value of a lump sum formula. The future value of a lump sum is the amount lump would amount to if interest is earned and compounded at a certain interest rate.</em>
The formula is FV = PV × (1+r)^(n)
PV = Present Value- 1,400
FV - Future Value, - 2,134
n- number of years- 1
r- interest rate - ?
2,134 = 1,400× (1+r)^(1)
(1+r)^(1) = 2,134/1,400
r= 1.5242 - 1
r = 0.524
× 100 = 52.4%
r= 52.4%
rate of return on investment = 52.4%
<u>A Strategy Map is (C)A comprehensive visual representation of the linkages among essential elements for the organization's strategy. </u>
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Explanation:
A strategy map is a diagram that displays the organizations strategy on a single page
A well-designed strategy map, helps an employee to understand the overall strategy of a company and they can also visualize their role fit in the company. it allows helps the employee to understand that how their jobs affect the company's overall strategic objectives.
Strategy maps describe how organisations create a niche for themselves by building on strategic themes such as 'growth' or 'productivity'. They provide a means for companies to 'communicate the story' of their strategy to employees and other corporate stakeholders, thereby increasing the engagement of both the employees and the stake holders in the strategic decision making process.
Answer:
Barney's corporation retained earnings would be overstated by $13.65 million
Explanation:
First of all this cumulative amortization that is being putted on the patent represents the total amount of amortizations expense which is being charged against this intangible asset(patent in this case) over a period of its useful life.
Now because of the changes in marketing forecast , the Barney Corporation decided to reduce the useful life of the patent, earlier if the life would have not been reduced then the cumulative amortization expense on the patent would have been $21 million higher than it is now, which means Barney corporation now has to charge less expenses because now the projected life of patent has been reduced, that leads to the higher profits for the corporation because no the expenses are less. Now we will charge 35% of tax rate on this $21 million which is leading to overestimating the retained earnings of the corporation ,
barney's retained earnings = $21 million - $21 million x 35%
= $21 million - $21 x 35/100
= $21 million - $7.35
= $13.65 million
