Answer:
This project should be rejected because the AAR is 10.68 percent.
Explanation:
The accounting rate of return of the project needs to computed,compared with the required accounting rate of return in order to decide whether the project should accepted or rejected:
Profit margin=$86,800*6%=$5208
Average operating assets=($97,500+$0)/2=$48.750
Accounting rate of return=profit margin/average operating assets*100
Accounting rate of return=$5,208/$48,750*100=10.68%
The project accounting rate of return is lower than the required accounting rate of return,hence the project should be rejected.
Answer:
More , High ( D )
Explanation:
As far as GOODS (compared to services) are concerned, there is More opportunity to correct problems due to High customer contact.
and this is because when dealing with Services instead of Goods the direct customers of services are people hence the level of accessibility to enable the prompt correction of problems that might arise is very high and its faster as well to do that
The best answer for this statement would be:
are not subject to the timing problems of discretionary fiscal policy
<span>There is a fact that automatic stabilizers increase the chance of depleting the budget deficits, even in times of recessions. While discretionary fiscal policy is more of identifying the lags to enact the change in fiscal policy.</span>
Answer:
0.1 / acre or 1 / 10 acres
Explanation:
The density of an animal in a given area is given by the number of animals per unit of area.
In this case, we want to know the density of the mule deer in 1923 (100,000) divided by the total area of the Grand Canyon National forest Reserve (1,000,000 acres).
So, we'll simply divide 100,000 by 1,000,000 to get:
D = 100,000 / 1,000,000 = 0.1
The density of the mule deer within the Grand Canyon National forest Reserve is of 0.1 / acre or 1 / 10 acres
Answer:
C. Stated qualifications of the entity's accounting personnel
Explanation:
According to my research of the steps that are usually taken when compiling the financial statements of a non-issuer, it can be said that the accountant should know the stated qualifications of the entity's accounting personnel. This is because they should know what the qualification are of the accountant that initially made all the financial statements to see if they actually knew what they were doing.
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