Answer:
0.004%
Explanation:
The desired ROI per paid of shoes can be calculated using the following formula:
ROI per pair of shoes = ROI / Number of units sold
By putting values we have:
ROI per pair of shoes = 20% / 5000 pairs = 0.004%
This is the return that every shoe pair must achieve to achieve 20% ROI on aggregating.
Answer:
Option "B" is the correct answer for the following statement.
Explanation:
A reliable legal system, ownership rights, and profitable and open economies are the organizations that help to foster suitable economic growth incentives.
According to many economists, a company's main objective is to increase profits for its shareholders, and in the context of a listed company, its investors are the shareholders.
- Specialization may result in efficiencies, as it allows faster growth. Economic theory indicates that concentration favors development.
- In economic terms, concentration means focusing on one job and not several tasks for productive capacity.
What is to be expected is that the The investment bank will provide you with broker services to help in the acquisition
<h3>What is an investment bank?</h3>
This is a type of bank that is helpful and plays intermediary roles in the acquisitions of stocks and assets.
The investment bank is going to help you with the purchase of the competitor.
Read more on investment banks
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Answer:
Journal Entry is as follows;
June 15
<em>DR</em> Accounts Payable <u>$1,000</u>
<em>CR</em> Cash <u>$400</u>
<em>CR</em> Notes Payable <u>$600</u>
Answer:
$429.60 Favorable
Explanation:
Provided information,
Standard Hours for each product = 3 hours
Standard Cost per hour = $14.00
Actual hours used = 198
Actual output = 80 connectors
Standard hours for actual output = 80 3 = 240 hours
Actual Rate = $14.80 per hour
Direct labor cost variance = Standard Cost - Actual Cost
Standard Cost = Standard hours Standard Rae
= 240 $14 = $3,360
Actual Cost = 198 $14.80 = $2,930.40
Variance = $3,360 - $2,930.40 = $429.60
Since actual cost is less than standard variance is favorable.
$429.60 Favorable