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3 years ago

Khalifa’s friend, Khalid, has told him that managing the finances of the business is very important.

Business

1 answer:

Y_Kistochka [10]3 years ago

5 0

Answer:

Fixed costs are usually negotiated for a specified time period and do not change with production levels. ... Examples of fixed costs include rental lease payments, salaries, insurance, property taxes, interest expenses, depreciation, and potentially some utilities.
Variable costs are dependent on production output. ... Examples of variable costs are sales commissions, direct labor costs, cost of raw materials used in production, and utility costs. The total variable cost is simply the quantity of output multiplied by the variable cost per unit of output.
Fees earned from providing services and the amounts of merchandise sold. Examples of revenue accounts include: Sales, Service Revenues, Fees Earned, Interest Revenue, Interest Income. ... Revenue accounts are credited when services are performed/billed and therefore will usually have credit balances.
Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations. ... Profit is the amount of income that remains after accounting for all expenses, debts, additional income streams, and operating costs.

Explanation:

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The Midwest Division of Grainger Company has investment center average invested assets of $200,000 and investment center income

EleoNora [17]

The return on investment for this division is (B) 20%.

<h3>What is the return on investment (ROI)?</h3>

Return on investment (ROI) or return on costs (ROC) is a ratio of net income to investment over time (costs resulting from an investment of some resources at a point in time).
A high ROI indicates that the benefits of the investment outweigh the costs.
ROI is used as a performance indicator to evaluate the efficiency of an investment or to compare the efficiencies of several investments.
It is one method of connecting profits to capital invested in economic terms.

<h3>To find the return on investment for this division:</h3>

= income/average invested assets

= $40,000/$200,000

= return on investment

= 20%

Therefore, the return on investment for this division is (B) 20%.

Know more about return on investment here:

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Correct question:

The Midwest Division of Grainger Company has an investment center average invested assets of $200,000 and an investment center income of $40,000. What is the return on investment for this division?

(A) 500%

(B) 20%

(C) 25%

(D) 80%

4 0

2 years ago

How is the law of increasing costs similar to the concept of decision making at the margin?

amm1812

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3 years ago

Which of the following layouts seeks the best personnel and machine utilization in repetitive or continuous production? A. Pro

Nat2105 [25]

Answer: Product-oriented layout

Explanation: The product-oriented layout is a production procedure where the materials and tools are located at the assembly lines.

This layout reduces the cost and time used in the handling of machines whereby optimizing the use of space. The product-oriented layout is mostly used when the same products are made without differences.

5 0

3 years ago

Reasons why in business,staff are restricted to communicate with press?

Evgen [1.6K]

Answer:

Limited communication media can force employees to deliver messages using ineffective methods. Inappropriate upward communication tools can create confusion

Explanation:

4 0

2 years ago

A monopolist produces a. more than the socially efficient quantity of output but at a higher price than in a competitive market.

irina [24]

Answer:

Explanation:

First, a monopoly produce less than the socially efficient quantity because as the figure shows, the quantity produced is determined by the intersection between the marginal cost curve (MC) and the marginal revenue curve (MR) and not by the intersection between the MC and the demand. For instance, there is a deadweight loss (shown by the figure).

Second, equilibrium price is always higher than in a competitive market because is always higher than the MC. The price is determined by the equilibrium quantity (found before) and the demand. Also, there are barries to entry and so monopolist have always price control.

4 0

3 years ago