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Mandarinka [93]
3 years ago
10

Land held for possible plant expansion would be included as an operating asset when computing return on investment (ROI).

Business
1 answer:
Softa [21]3 years ago
6 0

Answer:

B. False

Explanation:

Land held for possible plant expansion would NOT be included as an operating asset when computing return on investment (ROI).

Return on investment (ROI) is used to measure the profitability of an investment. It helps to compare the gain or loss from an investment in relation to its cost.

Return on investment can be used to determine

1. Profitability of a stock investment,

2. Profitability of the purchase of a business investment

3. Profitability of a real estate business

ROI = Net return / cost of investment × 100

Net return= Final value of investment - initial value of the investment

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) ________ are likely a fixed cost of a firm. A) Wages paid to employees B) The payments for supplies C) Lease payments for offi
aev [14]

Answer:

C) Lease payments for office space

Explanation:

The fixed cost is the cost that remains fixed whether the production level changes or not

So as per the given choices, the option c would be selected i.e. lease payment made for office space as it would be independent with respect to the quantity generated also it would be paid even there is no production take place

Therefore the option c is correct

7 0
3 years ago
margo borrows $800, agreeing to pay it back with 5% annual interest after 7 months. how much interest will she pay?
Gala2k [10]

Answer:

23

Explanation:

800 * 5% * (7/12) = 23.333

dividing 7 by 12 coz there r 12 months in a year and she is paying for 7.

7 0
1 year ago
If a student identifies herself as having strong writing skills and an interest in working on her own, which of the following mi
Mekhanik [1.2K]
She could try becoming an author, they write in magazines, newpapers, books, and articles. She could write what she wishes and it's on her own.
7 0
3 years ago
Read 2 more answers
Instructor Services is a technology company that offers many IT services in highly populated southern Ohio. The company's servic
Brrunno [24]

Answer:

E is the correct options, broad needs and many customers

Explanation:

The fact that Instructor Services offers many related services shows that its strategic intent includes providing a wide of range technologically related services which also includes sales and repairs of computers.All of these refer to the drive to fulfill many needs.

Secondly, the location of the business was a strategically crafted, in this sense that Ohio is highly populated and establishing business in such business district gives an assurance of high patronage from diverse group of many customers.

3 0
3 years ago
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Innovative Tech Inc (ITI) uses the percentage of credit sales method to estimate bad debts each month and then uses the aging me
Nutka1998 [239]

Answer:

The answer is given below;                                            

Explanation:

1. $100,000*.5%=$500

Bad Debt Expense Dr.$500

Allowance for Bad Debt Cr.$500

2. 1-30 days   $75,000*10%=7,500

   31-90 days  $10,000*20%=2,000

   More than 90 days $4,000*40%=1,600

Total Allowance for Doubtful Accounts-Closing=$11,100

3.  Adjusting entry for December 31,2013

Opening Balance      ($1,600)

Closing balance         $11,100

Allowance for the year $9,500

Bad Debt Expense Dr.$9,500

Account Receivable  Cr.$9,500

4. Allowance for Doubtful Accounts  $11,100

8 0
3 years ago
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