Answer:
D. includes the same type of on-the-job training for all
Explanation:
Basically, firms in the manufacturing and motor vehicle industry offer on-the-job training to their staff.
On the job training is a training technique employed by management in which workers are trained while they work. This helps to save separate time for training workers and while training, they are opened to practical experience. The major disadvantage of on- the- job training is that wastage is always inevitable due to the lack of expertise of workers.
Answer:
7.514%
Explanation:
Given that,
Internal growth rate = 7.1%
Dividend payout ratio = 25% per year
Total assets to sales ratio = 0.85
ROA:
= Internal growth rate ÷ [(1 - payout ratio)(1 + internal growth rate)]
= 7.1% ÷ [(1 - 25%)(1 + 7.1%)]
= 0.071 ÷ (0.75 × 1.071)
= 0.071 ÷ 0.80325
= 8.84%
ROA = Net income ÷ Total assets
Now, we multiply and divide right hand side by sales
ROA = (Net income ÷ sales) ÷ (Total assets ÷ sales)
= (Net income ÷ sales) × (sales ÷ total assets)
8.84% = Profit margin × (1 ÷ 0.85)
Profit margin = 8.84% × 0.85
= 7.514%
Answer:
That statement is true
Explanation:
Strategic goal is the type of goal that is carefully designed to accomplish a business strategy, This type of goals need to express the desired outcome that wanted be achieved and listed a specific set of actions that can make the company achieve that outcome. Strategic goal commonly created when a company want a more concrete way to measure its success compared to other competitors.
This can be seen in Jerome's italian pizza.
"Increase profits by 15% a year for each of the next five years" is what considered to be the desired outcome.
lowering costs and prices, providing quicker delivery, and providing good customer service are the Sets of action that the company intended to take.
Answer:
B) 20.0%
Explanation:
2005:
Sales: 15,000,000
COGS: (12,000,000)
SG&A: <u>(500,000)</u>
EBIT 2,500,000
2006:
Sales: 20,000,000
COGS: (16,000,000)
SG&A: <u>(1,000,0000)
</u>
EBIT 3,000,000
Growth rate = ((3,000,000 - 2,500,000) / 2,500,000 ) x 100 = (500,000 / 2,500,000 ) x 100 = 20%
The acid test ratio for the firm as on 31st December 2019 will be 0.85 as per the information contained under the balance sheet.
<h3>What is acid-test ratio?</h3>
The ratio, which is derived by the division of the current assets less inventories with the current liabilities of the firm, is known as the acid-test or quick ratio.
Using the formula and given information, the acid-test ratio will be computed as,
Hence, the acid-test ratio is as computed above.
Learn more about acid-test ratio here:
brainly.com/question/17251234
#SPJ1
