The correct answer is a debit.
Even though the value of the inventories decreased from 2016 to 2017, inventories is an asset account. Normal asset accounts have a debit balance.
Answer:
The 350-day holding period rate of return on the investment is:
= 3.5%
Explanation:
a) Data and Calculations:
Investment = $2,504,600
Total receipts from investment = $2,592,400
Investment period = 350 days
Returns (dollars) = $87,800 ($2,592,400 - $2,504,600)
Rate of return = $87,800/$2,504,600 * 100
= 3.5%
b) The rate of return is calculated as ((Current value - Original value) / Original value) x 100. It shows, in percentage terms, the return earned by an investment over a period of time.
used cars can require repairs sooner warranties can be very limited used cars can have lower initial cost unexpected issues may arise
hope this helps <3
Answer:
The correct answer is (A) Localization strategy
Explanation:
It is one of the most important strategic decisions that companies make. Localization can also influence other costs such as taxes, wages, raw materials and income. Companies make location decisions infrequently, usually because demand has exceeded the current capacity of the plant or due to changes in labor productivity, exchange rate, costs or local attitudes. Companies also relocate their manufacturing facilities or services due to demographic changes or consumer demand. Location alternatives include (1) expanding an existing installation instead of moving it; (2) maintain the current sites while opening facilities somewhere else, or (3) close existing facilities and move to a new location.
The location decision often depends on the type of business. For industrial location decisions, the usual strategy is to minimize costs, although innovation and creativity can also be critical. For retail organizations or professional services, the strategy focuses on maximizing revenue. However, the warehouse location strategy can be guided by a combination of costs and speed of delivery. The objective of the location strategy is to maximize the benefit of the location for the company.
Answer:
$32,529.54
Explanation:
To determine the answer the difference in future value of the investment options have to be determined
The formula for calculating future value:
FV = P (1 + r)^n
FV = Future value
P = Present value
R = interest rate
N = number of years
<u><em>First option </em></u>
$18,000 x (1.06)^40 = $185,142.92
<u><em>Second option</em></u>
$18,000 x (1.066)^39 = $217,672.46
Difference in future values = $217,672.46 - $185,142.92 = $32,529.54
