Answer:
The correct option is C) place utility
Explanation:
Place utility is the utility which is created for a product by making that product available to near by locations of the customers so that they can easily get access to those products. Same strategy is being applied in the question by E-gadgets , who are making their stores available to such locations , where their customers ( upper middle class and wealthy neighborhoods) can get access to the products easily( less than 15 minutes in the given case).
The correct answer is plumbing
Answer:
Dr. Cr.
Work in progess 139,000
Salaries and wages payable account 139,000
Explanation:
Direct Labor are charges to work in progress account and a payble is created as a result.
Total Labor cost = $212,000
Indirect cost = $73,000
Direct labor cost = $212,000 - 73,000
Direct labor cost = $139,000
Answer:
Accounting rate of return = 20.53%
Explanation:
<em>The accounting rate of return is the average annual income expressed as a percentage of the average investment.</em>
The simple rate of return can be calculated using the two formula below:
Accounting rate of return
= Annual operating income/Average investment
× 100
Average investment = (Initial cost + scrap value)/2
= 30,000/2= 15,000
Accounting rate of return = ( 3080/15,000) × 100
= 20.53%
Accounting rate of return = 20.53%
The formula is
A=p (1+r/k)^kt
A future value 12200
P present value 6100
R interest rate ?
K compounded quarterly 4
T time 9 years
Set the equation and solve for r (interest rate)
12200=6100 (1+r/4)^(4×9)
Divide both sides by 6100
12200/6100=(1+r/4)^(36)
2=(1+r/4)^(36)
Take the root of 36 for both sides
2^(1/36)=1+r/4
R= (2^(1/36)-1)×4
R=(2^(1÷36)−1)×4
R=0.0778×100
R=7.78%
Hope it helps!
