Answer:
25%
Explanation:
The formula and the computation of the return on sales is shown below:
Return on sales = (Operating income) ÷ (Last year sales) × 100
where,
Operating income = $1,200,000
And, the last year sales = $4,800,000
So, the return on sales is
= ($1,200,000) ÷ ($4,800,000) × 100
= 25%
By dividing the operating income by the last year sales we can get the return on sales
Answer:
420 x 12 = 5,040
Explanation:
Because the estimated benefit is greater than the cost, the college administrators should undertake the beautification initiative.
Answer:
C) Provide products to the market because that is the task you have been assigned by central planners.
Explanation:
A command economy or command market is an economy where the government controls everything: production, investment, prices, and incomes.
In such a market you are assigned where to work and what to do, you are not free to decide what you would like to study and what work you would like to do. The same applies to businesses, they all depend on the government.
Answer:
A. A groundbreaking idea, product, or method
Explanation:
Innovation refers to the process that leads to the formation of new ideas that has been been invented before. It refers to the fresh ideas that helps in attracting people inn terms of business. Idea generation helps in new development and thereby helps in the progress. The introduction of the idea from the existing resources helps in the formation of new ideas that take the shape of innovation.
Answer:
$14,000
Explanation:
Data provided in the question:
Cost of the equipment sold = $18,000
Accumulated depreciation = $9,000
Gain from the sales of equipment = $5,000
Now,
Proceeds from sale of plant assets = Book value + Gain
also,
Book value = Cost of the equipment - Accumulated depreciation
= $18,000 - $9,000
= $9,000
Therefore,
Proceeds from sale of plant assets = $9,000 + $5,000
= $14,000