Robichau Incorporated reported the following results from last year’s operations: Sales $ 6,300,000 Variable expenses 4,930,000
Contribution margin 1,370,000 Fixed expenses 803,000 Net operating income $ 567,000 Average operating assets $ 3,000,000 At the beginning of this year, the company has a $900,000 investment opportunity with the following characteristics: Sales $ 1,530,000 Contribution margin ratio 30% of sales Fixed expenses $ 306,000 The company’s minimum required rate of return is 20%. The Return on investment for this year's investment opportunity considered alone is closest to:
360 degree assessment. - it is that type of assessment which include feedback from the higher official on the basis of their skills, innovation etc as a positioned of leader or manager etc.
The main purpose of this assessment is to assess the strong point and weak point of any leader on different level. it is essential for any organisation to evaluate the strong point of their employee on different level so that their strength can be use for the betterment of organisation.
