Answer:
The correct answer is letter "B": Market development.
Explanation:
Market development implies individual professionals and organizations to expand their operations whether focusing on a new sector of the market or by starting their business in different regions. Besides increasing profits, market development allows them to diversify their clientele which is a strength for the business in front of adverse economics situations.
Thus, if a state creates licensing requirements for lawyers and accounts to restrict their entry from other regions, <em>that state is limiting market development</em>.
Answer:
The correct option is B
Explanation:
According to income tax laws, an individual will pay mess capital gains tax when his basis in an asset is higher. From the example, John has a personal residence and to increase his basis, he needs to think of what to add to the residence such that the selling price would increase and thus capital gain tax will reduce. From the option, the best and likely thing that would increase the basis of his asset (the house) and lead to an increase selling price is adding a new garage.
Give a little more context please
Answer:
on the work ground
Explanation:
They have a large enough flat piece of land that they could plant on
Answer:
ROI 15%
Residual Income $1,350,000
Explanation:
Residual Income is the difference between net income of the company and the required rate of return. It determines the excess of income generate than the minimum return. The formula to calculate the residual income is,
RI = Net operating Income - (Required rate of return * Cost of operating assets)
RI = $4,500,000 - (21% * $15,000,000 )
RI = $1,350,000
ROI = 
Capital Employed = Sales - Average operating assets
ROI = 15%
Residual income is positive when the department has meet the minimum return requirement. Minimum return is the return that is required by the company stakeholders. The particular projects and activities are selected on the basis of residual income.
