Ask question

Ask question

All categories

3 years ago

15

Return on investment is superior to residual income as a means of measuring performance because it encourages managers to make i

nvestment decisions that are more consistent with the interests of the company as a whole.
a. True
b. False

1 answer:

coldgirl [10]3 years ago

3 0

The correct answer is true. This encourages managers to make investments.

You might be interested in

Cola Inc. Soda Co. Fiscal Year Ended: 2015 2014 2013 2015 2014 2013 Net Sales $ 39,819 $ 35,690 $ 36,444 $ 62,438 $ 47,932 $ 47,

Colt1911 [192]

Answer:

2015 Cola Inc:

A/R TO 9.51

Days to collect 38.00

2014 Cola Inc:

Inventory TO 10.18

Days to collect 36

2015 Soda Co:

A/R TO 11.25

Days to collect 32

2014 Soda Co

A/RTurnover 11.28

Days to collect 32

Explanation:

<u>2015</u>

$\frac{COGS}{Average Inventory} = $Inventory Turnover$

<em><u>where: </u></em>

$$$Average Account Receivable =(Beginning A/R + Ending A/R)/2$

Sales 39,819

ending 4,531

beginnin 3,839

$$$Average A/R=4531 + 3839)/2$

Avg A/R 4185

$\frac{39,819}{4185} = $A/RTurnover$

A/R TO 9.514695341

$\frac{365}{A/R TO} = $Days to collect$

$\frac{365}{9.51469534050179} = $Days to collect$

Days on Inventory 38

<u>2014:</u>

$\frac{35690}{3505} = $A/RTurnover$

Inventory TO 10.18259629

$\frac{365}{10.1825962910128} = $Days to collect$

Days to collect 36

Soda Co:

<u>2015</u>

$\frac{62483}{5554.5} = $A/RTurnover$

A/R TO 11.24907732

$\frac{365}{11.2490773246917} = $Days to collect$

Days to collect 32

<u>2014</u>

$\frac{47932}{4250} = $A/RTurnover$

A/RTurnover 11.27811765

$\frac{365}{Inventory TO} = $Days on Inventory$

$\frac{365}{11.2781176470588} = $Days to collect$

Days to collect 32

<u></u>

<u></u>

6 0

2 years ago

7. Gold Company has budgeted the following costs for the production of its only product: Direct Materials $75,000 Direct Labor 5

STatiana [176]

Answer:

$68 = unitary variable cost

Explanation:

Giving the following formula:

Gold Company wants a profit of $100,000

Production= 2,500 units

Selling price= $125

Fixed indirect production costs 27,500

Fixed selling and administrative costs 15,000

<u>To calculate the target total unitary variable cost, we need to use the following formula:</u>

number of units sold= (desired profit + fixed costs) / (selling price - unitary variable cost)

2,500= (100,000 + 27,500 + 15,000) / (125 - unitary variable cost)

312,500 - 2,500unitary variable cost = 142,500

170,000 = 2,500unitary variable cost

$68=unitary variable cost

3 0

3 years ago

Which of these principles did adam smith believe essential to the survival of an economy?.

Makovka662 [10]

There are different kinds of theory. The principles that Adam Smith believe essential to the survival of an economy is the freedom to land and hold on to business profits.

<h3>What kinds of freedom did Adam Smith believe were vital to the survival of any economy? </h3>

Adam Smith was known to believe that the making of more resources available to all can make us to be more wealthier.

He believed freedom was important, such as the freedom to own land or property and hold on to the profits. He believed that people will participate in working very well, if they are given reward.

L earn more about Adam Smith from

brainly.com/question/50

3 0

2 years ago

When we physically encounter a three-dimensional form, the tactile sensation we experience is its ________. Two-dimensional imag

babymother [125]

Answer:

When we physically encounter a three-dimensional form, the tactile sensation we experience is its <u>ACTUAL TEXTURE</u>. Two-dimensional images, however, have <u>IMPLIED TEXTURE</u>, which means the artist creates an effect that reminds us of our tactile memory of a real-life surface. Artists who wish to contradict our previous tactile experiences employ <u>SUBVERSIVE TEXTURE</u> in order to make us reconsider our preconceptions about the world around us.

Explanation:

Actual texture is combination of how an artwork looks and how it actually feels when someone touches it. Even paintings have texture and different artists use different painting techniques to create that texture.

Implied or simulated texture means that the artist is creating a visual effect of texture.

When artists use subversive textures, they are inventing textures by adding alternate materials.

3 0

2 years ago

"Which of the following are covered under the Securities Exchange Act of 1934? I Registration of new issues II Stabilization of

OleMash [197]

Answer: II. stabilization of new issues

III. registration of exchanges

IV. registration of broker-dealers

Explanation:

The Securities Exchange Act of 1934 was put in place in order to be in charge of security trading.

From the options, those that are covered under the Securities Exchange Act of 1934 include the stabilization of new issues, the registration of exchanges and the registration of broker/dealers.

It should be noted that the Securities Exchange Act of 1934 does not cover the registration of new issues.

6 0

3 years ago