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3 years ago

Management by exception:

1 answer:

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Management by exception holds that only those issues that are significantly deviating from the normal course of action need to be looked at. If the deviations are minor or are likely due to random chance, then management does not need to worry about it at the time. None of the choices presented properly give this definition.

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Exercise 11-1 Compute the Return on Investment (ROI) [LO11-1] Alyeska Services Company, a division of a major oil company, provi

vaieri [72.5K]

Answer:

1. Margin = 0.32 or 32%

2. Turnover = $19,000,000 or Operating Asset Turnover = 0.52 or 52%

3. Return on Investment = 0.17 or 17%

Explanation:

Firstly, list out the parameters we were given:

Sales = $19,000,000, Net Operating Income = $6,100,000,

Average Operating Assets = $36,500,000

1. Operating Margin = Net Operating Income / Sales

Operating Margin = 6,100,000 ÷ 19,000,000 = 0.32

Operating Margin = 0.32 (to 2 decimal places)

Operating Margin = 32%

2. Turnover refers to sales or revenue made during a particular period. In which case turnover is $19,000,000

However, if the turnover referred to is the Operating Asset Turnover, that is calculated below:

Operating Asset Turnover = Sales / Average Operating Assets

Operating Asset Turnover = 19,000,000 ÷ 36,500,000

Operating Asset Turnover = 0.52 (to 2 decimal places)

Operating Asset Turnover = 52%

3. Return on Investment (ROI) = Net Operating Income / Average Operating Assets

Return on Investment (ROI) = 6,100,000 ÷ 36,500,000

Return on Investment (ROI) = 0.17 (to 2 decimal places)

Return on Investment (ROI) = 17%

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3 years ago

Money available to a household over and above what is required to have a comfortable standard of living is called ________.

Irina-Kira [14]

Answer:

Discretionary income

Explanation:

Discretionary income is what is left of a person's income for spending, investing, or saving after paying taxes and necessities.

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3 years ago

The _____ is a voice for small business.

alex41 [277]

Answer:

I believe it's the SBDC but I'm not 100% sure tho

8 0

3 years ago

Read 2 more answers

The servers at Gerry Frasier's busy ice cream shop decided that putting more ice cream in the sundaes and cones would bring back

Mariana [72]

D is the correct answer

5 0

3 years ago

Read 2 more answers

What factors can affect stockpile

Vinil7 [7]

Answer:

The nature of the quarried material.

The volume of product

The area available and required.

Other potential hazards

Environmental considerations

Explanation:

In business stockpile refers to the materials that companies bought at large amount in a cheaper price. These materials are kept somewhere by the company to be used for emergencies.

There are several factors that can affect stockpiles:

The nature of the quarried material.

The only material that can be stockpiled need to have high shelf life. Things such as food ingredients tend to be hard to be stockpiled.

The volume of product

The amount of materials that stockpiled cannot be too large in volume. Otherwise it would be hard to be kept.

The area available and required.

Things such as warehouse or storage tend to be needed in order to stockpile materials.

Other potential hazards

Hazardous materials (that are poisonous or easily burnt) usually can't be stockpiled.

Environmental considerations

This is usually important when companies do the stockpiling underground. They need to ensure that the type of materials they stockpile wouldn't sipped into the ground and damage the environment around it

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3 years ago