Answer:
Option A is correct one.
<u>Are more summarised than for lower levels of management</u>
Explanation:
For higher levels of management, responsibility accounting reports<u> are more summarised than for lower levels of management.</u>
It is a summarised report facilitating the higher levels of management in order to keep a track of performance of low level management.
The approximate annual real rate of return is 14%.
16% - 2% = 14%.
Rate of Return = [ (Current Value − Initial Value) ÷ Initial Value ] × 100. Let's say you own a stock that started at $100 and went up to $110. Now you want to find out the rate of return. In our example, the calculation would be [ ($110 – $100) ÷ $100] x 100 = 10.
“The real rate of return formula is the sum of one plus the nominal rate divided by the sum of one plus the rate of inflation, which is then subtracted once. The real rate of return formula can be used to determine the effective rate of return on an investment after adjusting for inflation.” Real returns = (1 + nominal rate/1 + inflation rate) – 1
Rate of return = ( (value of investment after one year - initial investment) / initial investment) x 100 percent. Analyze your investment to obtain the values necessary to calculate its initial rate of return. For example, consider a $25,000 investment that grows to $28,500 after one year.
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Answer:
All of the above! Have a nice weekend!
Explanation:
Answer: $7,000
Explanation:
The book value of the pump is the same as the value stated by the accountants.
The accountants are skilled in the field and most probably used accounting assessment techniques which were based on certain assumptions by accounting bodies so their valuation of the pump is to be considered the book value.