A specific group of related businesses is known as a *chain.
The process of production is complete when retailers prepare goods for sale to consumers. Hence, Option C is correct.
<h3>What is the production process?</h3>
Capital, labour, technology, land, and other resources are considered factors of production because they are utilised to produce output, which includes commodities and services.
One of the most crucial procedures in manufacturing is production, which is essential to understanding what it means to be a manufacturer. Without this activity, there would be nothing produced that could be sold to buyers as finished goods.
Therefore, Option C is correct.
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Answer:
-13.562%
Explanation:
Data provided in the question:
Net operating profit margin (NOPM) = 11.4%
Net operating asset turnover (NOAT) = 3.83
Return on equity = 30.1%
Adjusted return on assets = 17.1%
Now,
Return on equity = Nonoperating Return + Return in net operating assets
or
Nonoperating Return = Return on equity - Return in net operating assets
Also,
Return in net operating assets = NOAT × NOPM
or
= 3.83 × 11.4%
= 43.66%
therefore,
Nonoperating Return = 30.1% - 43.66%
= 30.1% - 43.662%
= -13.562%
Estimating bad debts is a circumstance that necessitates an adjusting entry that is neither a prepayment nor an accrual entry.
Bad debt: What is it?
Sometimes a firm needs to figure out what percentage of its receivables is recoverable when it comes time to prepare its financial statements at the end of the fiscal period. The two techniques of documenting bad debt are 1) direct write-off method and 2) allowance method, and they both involve recording the percentage that a company considers is uncollectible.
The significance of bad debt costs
Companies create financial statements at the beginning of each fiscal year or quarter. Investors and potential investors look at the financial accounts, thus they need to be trustworthy and honest.
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