Answer:
The correct answer is letter "C": General Agreement on Tariffs and Trade (GATT).
Explanation:
The General Agreement on Tariffs and Trade (<em>GATT</em>) is a treaty effective from 1948 that pursues fairness when it comes to international trade by reducing tariffs and that promotes equal treatment among countries. The GATT was replaced by the World Trade Organization (<em>WTO</em>) in 1995 under the same objectives but with more participation of the member nations.
Answer:
c. the average rate of return method includes the entire amount of income earned over the life of the proposal.
Explanation:
the average rate of return is a capital budgeting method.
Average rate of return = Average net income / Average book value
Average book value = (cost of equipment - salvage value) / 2
From the above formula, it can be seen that the entire income earned over the life of the project is used when calculating average rate of return.
the average rate of return method does not consider the timing of the expected cash flows. or use present values unlike the net present value and internal rate of return.
Net income is used instead of expected cash flows when calculating ARR
Answer:
It is departmentalized in a functional way
Explanation:
Functional departmentalization is the type of organizational structure based on common job functions. In Mitchell's case all similar jobs, like legal or marketing, are grouped in one place or on the same floor. This type of organization provides space for further employee's specialization by putting staff in places where their skills can further develop.
Answer:
The owner's equity is $900
Explanation:
Because an asset takes money from your pocket and liability puts money in your pocket.
Answer:TRUE
Explanation: Standard deviation is the rate of spread of numbers or values around the Mean of the numbers or values, it can also be described as the square root of the variance of a set of numbers or values. In financial analysis, the rate of return is the amount net income of a business entity over a given period of time. A risk averse investor is an investor who will try as much as possible to avoid risk even with high profit investment.
So for a risk average person to take on the investment with higher standard deviation it means the rate of return will be Higher.
