Given:
Controllable margin = 60,000
sales = 400,000
return on investments = 10%
Return on investments = net profit / average operating assets
10% = 60,000 / ave. operating assets.
Average operating assets = 60,000 / 10%
Average operating assets = 600,000
Griffin's average operating assets will be 600,000 when its return on investment is 10%.
Based on the given scenario above, since Susan had no previous balance on her credit card and that she was able to pay off the balance within 1 month, she will not be paying any interest. The interest in the credit card only applies to the amount that has been pass the due date or are not paid in full. Hope this answer helps.
Answer:
a.Capital expenditure, replacement component
b.Capital expenditure, replacement component
c.Revenue Expenditure, not applicable
d.Capital expenditure, replacement component
e.Capital expenditure, additional
f.Revenue Expenditure, not applicable
g.Capital expenditure, additional
Explanation:
Capital Expenditure involve the addition or replacement on assets that <u><em>increases flows of economic benefits or Income earning</em></u> capacity.
Revenue Expenditure involve repairs or maintenance of assets in order to <u><em>maintain the ability to earn income or economic benefits</em></u> and not to increase it.
A secured loan has claim on assets in case the lender defaults. For example, a home buyer takes out a loan (secured against the home) with a bank to buy home. If the home buyer can't make repayments (or even goes bankrupt), the bank can sell the home to recover their lost money.
An unsecured loan does not have claim on any assets. All else being equal, an unsecured loan has higher interest rate.
Answer:
D)pioneering costs
Explanation:
From the question, we are informed about Supple SkinCare Inc. who is spending significant money educating customers on the value of its mineral-based skincare line as it moves into several new international markets. In this case, the money to educate customers is a form of pioneering costs.
Pioneering costs can be regarded as those expenses that is spent by a firm inorder to familiarize with the rule of game in a situation whereby the foreign business system the firm found herself is quit difference from home market. This cost could come in term of of devoting time and spending significant money to educate customers about their products and so on.
