Answer:
Option (C) is correct.
Explanation:
Given that,
Revenues = $55,632 million
Net operating profit after tax = $9,954 million
Net operating assets at fiscal year-end 2016 = $58,603 million
Net operating assets at fiscal year-end 2015 = $59,079 million
Net operating profit margin is determined by dividing the net operating profit after tax by the total amount of revenues during a fiscal year.
Net operating profit margin:
= (Net operating profit after tax ÷ Revenues) × 100
= ($9,954 ÷ $55,632) × 100
= 0.1789 × 100
= 17.89%
Answer:
a. Standard direct labor rate per hour = Hourly wage rate + Payroll taxes + Fringe benefits
Standard direct labor rate per hour = $16.70 + $0.60 + $1.40
Standard direct labor rate per hour = $18.70
b. Standard direct labor hours per gallon = Actual production time + Rest periods and cleanup + Setup and downtime
Standard direct labor hours per gallon = 1.60 hours + 0.30 hours + 0.20 hours
Standard direct labor hours per gallon = 2.1 hours
c. Standard labor cost per gallon = Standard direct hours per gallon * Standard direct labor rate per hour
Standard labor cost per gallon = 2.1 hours * $18.70
Standard labor cost per gallon = $39.27
Answer: Acquisition
Explanation:
The Acquisition is one of the type of method that helps in acquiring the various types of business strategies for manage the business for achieving the given target.
The main objective of the acquisition in the business is that it helps in achieving the desirable goal and helps in finding the various types of strengthening characteristics of the firm.
According to the given scenario, the Andersen products Inc, is one of the small startup based company and they gaining the access for managing the organization technology and also the human capital.
Therefore, This transactional process is refers as the acquisition method.
Answer:
What is entirely true about this contract is:
The contract is a VALID contract but is also a VOIDABLE contract on the part of Larry but NOT on the part of Sprint.
Explanation:
As a minor, Larry (he was under the age of 18 when he signed the contract with Sprint) lacks the contractual capacity to enter into the contractual relationship with Sprint. But since he has signed the contract in exchange for the purchase of the cell phone, Larry can either honor the deal or void the contract. This is why the contract is said to be valid but voidable at Larry's behest. However, after Larry has turned 18, if he has not done anything to void the contract, then the contract with Sprint can no longer be voided.
Answer: A. Developing a product that is easy to use and meets a customer’s needs.