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Marina86 [1]
3 years ago
14

Investment Center Sales Income Average Invested Assets Electronics $ 40,500,000 $ 2,916,000 $ 16,200,000 Sporting goods 20,740,0

00 2,074,000 12,200,000 1. Compute return on investment for each department. Using return on investment, which department is most efficient at using assets to generate returns for the company
Business
1 answer:
____ [38]3 years ago
6 0

Answer and Explanation:

The computation of the return on investment is shown below;

We know that

Return on Investment is

= (Net Income ÷ Average Operating Assets] × 100

For Electronics

= [$29,16,000 ÷ 162,00,000] × 100

= 18%

And,

For Sporting goods

= [$20,74,000 ÷ 122,00,000] × 100

= 17%

So here the electronics department should be selected as it has high return on investment  

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miss Akunina [59]

Answer:

In California, if the tip is included in the service charge, Anne's employer must pay taxes for them. The employer is required to pay for these taxes in California, not the employee. Even though tips are not part of an employee's wage, they are still taxable. This means that Anne must include the $51 in her AGI.

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3 years ago
Rice Corp. recognizes revenue over time to account for long-term contracts and has the following information for the first year
trasher [3.6K]

Answer:

D.) $75,000

Explanation:

Amount of revenue recognized = Cost incurred to date / Estimated total cost * Contract price

Cost incurred to date=60,000

Estimated total cost=400,000

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3 years ago
ABC Company listed the following data for the current year:
RideAnS [48]

Answer:

$10,800 underapplied

Explanation:

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3 years ago
What is the difference between the personal contact model of communicating on the Web and the mass media approach?
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Mass media approach: One-to-many

Personal contact approach: one-to-one.

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It is also the primary communication means used to meet the vast majority of the population. Newspapers, journals, radio, TV and the internet are the most prominent mass media channels.

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3 years ago
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A rogue state is one that has unstable leadership and the policies are driven by ideologies instead of economic costs or benefits.

<h3>What is a state?</h3>

A state is a territory that belongs to one country. It is having its own government which runs that particular state or province.

A rogue state is a kind of state which is responsible for shattering and disrupting global laws and is also considered a danger to other countries or nations in the whole world. North Korea, Libya, Iran, Iraq, and Cuba are labeled as rogue states. These states are not driven by an economy and are actually driven by the ideologies developed by their presidents.

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2 years ago
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