Answer:
Return on investment = 86.49 %
so correct option is B. 86.49%
Explanation:
given data
Operating income = $1,600,000
Net sales = $13,500,000
Average total assets = $1,850,000
target rate of return = 30%
to find out
company's return on investment
solution
we get here Return on investment that is express as
Return on investment = Operating income ÷ Average total assets .............1
put here value we get
Return on investment =
Return on investment = 0.86486
Return on investment = 86.49 %
so correct option is B. 86.49%
In ancient Greece, a group of people living together with the common purpose of taking care of each other through economic activity was called a community. This community was <span>group of folks who are living together and share common interests </span><span>three centuries before the classical age, between 800 B.C. and 500 B.C</span><span>
The group consists of people who are like minded, but still individuals. </span>
Answer:
The product is composed of mass produced homogenous units.
Explanation:
Process costing is utilized when there is a large production of products that have similar features. In process costing the cost of each product produces is equivalent to the cost of other products. Example of products that undergo process costing include:chemicals, processed foods, textiles, paper, oil refinery, soap.
In process costing, the finished product gotten from each stage becomes the raw material of the next stage till the last stage of completion.
The production of product in process costing is continuous and the final product derived from the production process is as a result of a sequence of processes.
Know that giving customers too many choices can overwhelm and lead to fewer sales the benefit of limited sharing options