Im a firm believer that your children need to start out at an early age and give them more responsibility as they get older, and by the time they are 18 they have the capability of carrying on they're parents buisness,
so basically A
Answer:
1. 18% and 21%
2. Queensland
Explanation:
The formula to compute the rate of return in terms of margin and turnover is shown below:
1. For New south wales
Margin = Net operating income ÷ sales
= $360,000 ÷ $4,000,000
= 9%
And,
Turnover = sales ÷ average operating assets
= $4,000,000 ÷ 2,000,000
= 2
ROI = Margin x turnover
= 9% × 2
= 18%
For Queensland
Margin = Net operating income ÷ sales
= $420,000 ÷ $7,000,000
= 6%
And,
Turnover = Sales ÷ average operating assets
= $7,000,000 ÷ 2,000,000
= 3.5
So,
ROI = Margin × turnover
= 6% × 3.5
= 21%
2. Based on Return on enlistment, the Queensland doing the better job as it contains the high return on investment
Answer:
a quotation from or reference to a book, paper, or author, especially in a scholarly work
Explanation:
capitalism.
<h3>Describe capitalism?</h3>
Capitalism is an economic system that relies on private ownership of the means of production and their commercial application. Key components of capitalism include capital accumulation, competitive markets, the pricing structure, private property, the recognition of property rights, voluntary exchange, and wage labor.
<h3>An economic system is what?</h3>
A government or community can utilize an economic system as a tool to plan and distribute resources, services, and products across a region or country. Economic systems are in charge of the production factors like labor and capital.
<h3>What exactly does a "pure market economy" entail?</h3>
Government does not significantly interfere in important economic areas and has minimal control over resources. The sources of regulation, on the other hand, are the law of supply and demand and human conduct. Most of what we know about the market economy comes from theory. There isn't a true pure market system, to put it another way.
Learn more about economic system:
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Answer: $1,017,000
Explanation:
In calculating product costs we take the following, Direct materials and direct labor, Other variable manufacturing costs, Depreciation of factory building and manufacturing equipment and Other fixed manufacturing costs.
We add all of those with the result being the Product cost.
Calculating therefore would give us,
= 770,000 + 135,000 + 87,000 + 25,000
= $1,017,000
$1,017,000 is the amount that should be considered product costs for external reporting purposes.
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