Answer:
a. Return on Investment
ROI= Operating income/Average invested assets
Beverage Division ROI = 358 / (2,680+2,602) /2
= 358 / 2,641
= 0.13555
= 13.56%
Cheese Division ROI = 643 / (4,473 + 4,409)/2
= 643 / 4,441
= 0.14478
= 14.48%
b. Profit margin
Profit Margin= Operating income / Sales
Beverage Division = 358 / 2690
= 0.13309
=13.31%
Cheese Division = 643 / 3934
= 0.16345
= 16.35%
c. Investment turnover for the year
Investment turnover = Sales / Average invested assets
Beverage Division = 2690 / 2641 = 1.02
Cheese Division = 3934 / 4441 = 0.89
d. Beverage$'m Cheese'million
Average Assets 2641 4441
Targeted return 8% 8%
Target income 211 355
Residual Income Beverage'm Cheese'm
Operating income 358 643
Less: Target income 211 355
Residual Income 147 288
Decent worker that works for a tire and rubber company
Answer:
Auditory
Explanation:
According to the Visual-Auditory-Kinesthetic (VAK) learning styles model, a person's dominant learning style is determined by three major sensory receivers i.e visual, auditory and kinesthetic.
Auditory learners learn through listening to spoken words of themselves or of others. Visual learners learn through seeing and reading pictures, illustrations, write-ups etc. Kinesthetic learners learn through touching and feeling things.
Based on the above, the financial planning client's learning style is most likely auditory.
Answer: B) because if you stay on on track with the money you spend then you can live a good life.
Answer:
net incremental cost of buying is $2.26
Explanation:
<em><u>Make </u></em>
Direct materials $10.10
Direct labor $24.10
Overhead $16.10
Total 50.30
<em><u>Purchase</u></em>
Purchase Price $46.16
Overhead Cost ($16.10×40%) $ 6.40
Total $52.56
<u>Conclusion</u>
Purchase Cost ($52.56)> Make Costs ($50.30)
Therefore net incremental cost of buying is $2.26 ($52.56-$50.30)