Answer:
13%
Explanation:
The accounting rate of return (ARR) of an investment project is the accounting profit (usually before interest and tax) expressed as a percentage of the capital invested.The essential feature of ARR is that it is based on accounting profits, and the accounting value of assets employed.
Annual Net income per year=20,000
Capital employed= (Initial cost of machinery+residual value)/2
Capital employed=(280,000+30,000)/2=155,000
Project A Accounting rate of return=Annual net income per year/Capital employed
Project A Accounting rate of return=20,000/155000
=13%
Answer:
The statement is: False.
Explanation:
The difference between mass marketing and relationship marketing is that the first is used to attract large numbers of customers with a product that is not necessarily tailor-made for them. On the other hand, relationship marketing provides consumers with a good or service that matches their needs. Companies implementing this approach are likely to keep customers' information in a database to evaluate changes over time and to adapt to them.
Thus, maintaining databases thanks to the advance of technology is likely more useful for firms using relationship marketing.
Answer:
The answer is: $100,000
Explanation:
Under LIFO (last in, first out) costing method, we use the oldest costs are used to determine the ending inventory:
We were given the following data:
- Jan. 1: 8,000 purchased at $11 per unit
- June 19: 13,000 purchased at $12 per unit
- Nov. 8: 5,000 purchased at $13 per unit
If the ending inventory had 9,000 units, then its total cost is:
Ending inventory = (8,000 units x $11 per unit) + (1,000 units x $12 per unit)
Ending inventory = $88,000 + $12,000 = $100,000
Answer:
Petra,a plant manager ,received an e-mail from the CEO stating that the company will now be focusing on customer service.The e-mail also stated that all plant managers need to implement this policy and coordinate the activities related to this strategy for their lowest level mangers.Petra is a <u>middle level manager.</u>
<u>Explanation</u>: Middle level managers extract the information from top level managers who are above them and supervisors who are below them.They give data and facts back in the organisation.They act as a connecting link between top and lower level of management.
Middle level managers are responsible for making any changes needed in an organisation.They look after day to day routines and make sure everything is in accordance with the requirements of the concern.
Middle level managers needs to have following skills:
- They must have ability to hire good individuals for concern
- Very good communication skills
- They must have ability to delegate
- They must be capable of making strong decisions.
