Answer and Explanation:
a. The solution of return on assets under each cost flow is described below:-
Return on assets under FIFO = Net income ÷ Average total assets
= $244,087 ÷ $1,550,550
= 15.7%
Return on assets under LIFO = Net income ÷ Average total assets
= ($244,087 - $44,110) ÷ ($1,550,550 - $40,630)
= $199,977 ÷ $1,509,920
= 13.2%
b. The computation of return on assets under each cost flow is shown below:-
Return on assets under FIFO = Net income ÷ Average total assets
= $288,567 ÷ $1,880,970
= 15.3%
Return on assets under LIFO = Net income ÷ Average total assets
= ($288,567 + $22,660) ÷ ($1,880,970 - $45,690)
= $311,227 ÷ $1,835,280
= 17%
Answer:
The correct answer is letter "C": Developing your design solution.
Explanation:
Every project borns with the idea of <em>finding a solution</em> to a problematic situation. While designing a project coming up with what the solution is for the problem that you would like to attempt solving is vital because from there part all the steps on what and how it is going to be done.
Answer
The answer and procedures of the exercise are attached in the following images.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in 3 sheets with the formulas indications.
Environmental forecasting does not include reasonable predictions regarding the lack of intensity of environmental change.
<h3>How does environmental forecasting work?</h3>
Environmental forecasting is a technique where managers make decisions today that will assist the company deal with the environment of tomorrow by attempting to foresee the future characteristics of the organizational environment.
<h3>What are the techniques for predicting the environment?</h3>
In this approach, client intentions are predicted using postal questionnaires, phone interviews, or in-person meetings. An anticipatory survey falls under the category of sampling because the respondents are meant to reflect a larger population.
<h3>Why is it vital to forecast the environment?</h3>
Accurate projections help utilities satisfy energy demand and prevent network undesired events like load shedding and blackouts.
learn more about Environmental forecasting here <u>brainly.com/question/18685277</u>
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Answer:
Annual depreciation= $14,400
Explanation:
Giving the following information:
Purchasing price= $109,600.
The truck is estimated to have a salvage value of $4000.
Useful life of 132000 miles. It was driven 18000 miles in Year 7.
To calculate the depreciation expense, we need to use the units of the production method.
Annual depreciation= [(original cost - salvage value)/useful life of production in hours]*hours operated
In this case, miles driven:
Annual depreciation= [(109,600 - 4,000)/132,000]*18,000= $14,400