Answer:
Lack of efficiency.
Explanation:
As Trent Automobiles Inc. was expecting a large shipment of scrap metal and due to the fact that it could not arrive on time, the only way to compensate the loss was to make an urgent order for same quantity of scrap metal from a local manufacturer, which led the company to compromise on the quality. If proper track was kept and all the upcoming scenarios had been calculated before hand with a ready substitute raw materials before hand, this would have been not the result. Thus, this indicates a complete lack of efficiency from the side of management of the company.
Answer:
$208,000
Explanation:
Calculation for Dartford Company residual income
Using this formula
Residual income=Investment center income -(Target income percentage of average invested assets ×Average investment center total assets)
Let plug in the formula
Residual income =$700,000-(12%×$4,100,000)
Residual income =$700,000 - $492,000
Residual income =$208,000
Therefore The residual income for the division is: $208,000
Answer:
The answer is below
Explanation:
In case of receiving a request from a customer for more time to settle an account, the ways I might reply to it are:
1. Ask for negotiation concerning the actual timing with the customer, and reach a minimum date to pay as much as possible.
2. Stay polite, calm, and professional during the negotiation.
3. Put the new agreement in writing and let the customer be aware of the implication in case of default.
4. Ensure the agreement includes modes and methods of payment
5. Do more background checks on the customer concerning his credit history.
Answer:
New technology and demand.
Explanation:
The California market is highly attracted to new promoters, industrialists, and entrepreneurs.
California is a place for business where all types of industrialists, entrepreneurs provide value for new knowledge, new technologies, and new research, etc.
This place can be easily seen by individuals using their capital for new business, hence California is suitable and considered a good place for new industrialists and entrepreneurs.