Answer:
B : $70,000
Explanation:
The formula and the computation of the annual rate of return is shown below:
= Annual net income ÷ average investment
where,
Annual net income is XXXXX
And, the average investment would be
= (Original investment required + salvage value) ÷ 2
= (120,000 + $20,000) ÷ 2
= $140,000 ÷ 2
= $70,000
By placing these values we can easily compute the annual rate of return
Post-closing trial balance is a list of <u>permanent</u> accounts and their balances<u> ledger</u> all <u>closing- </u>entries have been journalized and posted.
The post-closing trial balance is a balance sheet report that is made after the closing journal in order to ensure that the total balance in the general ledger is balanced or in accordance with the balance. This method is made in order to convince every accountant or businessman who makes closing journals so that they do not have an error in the calculation difference.
Generally, this balance sheet is able to produce real accounts, namely capital, assets and debt. However, nominal accounts, such as income and expenses, are closed by closing entries. Thus, the next step in making good financial statements is to present a statement of financial position, profit and loss, and capital so that later there will be no calculation errors.
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The correct option is (c). Design cost is not a cost of quality.
Design-to-Cost (DTC), one of several cost management strategies, denotes a methodical strategy for limiting the expenses associated with product development and manufacture. The fundamental tenet is that expenses are hard to avoid once they are "built into the product," even from the first concept judgments on.
As a component of cost management strategies, design-to-cost refers to a methodical strategy for reducing the costs associated with product development and manufacturing. The fundamental tenet is that expenses are hard to avoid once they are "built into the product," even from the first concept judgments on.
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The average rate of an RN’s hourly wage is about a$32.66 an hour. This depends on where you work also.
Answer: <u>PRODUCT MODIFICATION</u> refers to changing one or more of a product's characteristics; while, a <u>LINE EXTENSION</u> is the development of a product closely related to one or more products in the existing product line but designed specifically to meet somewhat different customer needs.
