BUS208 Case Studies in Business Administration

All of the following are ways to calculate different versions of ROI except: A. Return on sales x investment turnover B. Income

Virty [35]

Answer:

The answer is D

Explanation:

The formula - Revenues / Total Assets is not one of the ways to calculate Return on Investment (ROI)

Return on Investment (ROI) is a ratio

net profit to cost of investment(total money invested the project or compnay)

The numerator must be profit while the denominator must be related to cost of Investment.

In all of the options, it is only option D that has revenue(sales) as the numerator which makes it automatically wrong.

7 0

3 years ago

Gladstone Company tracks the number of units purchased and sold throughout each accounting period but applies its inventory cost

Ilya [14]

Answer:

Sale, March 14 (1,380 units) cost of goods sold = $117,200
Sale, August 31 (1,550 units ) cost of goods = $96,100
Ending inventory = 1,800 units

Explanation:

a. Cost Of Goods Sold Using LIFO

1. Sale, March 14 (1,380 units)

- from May 1 purchase)

1,130 units at $90= 1130*90= $101,700

+

from January 30 purchase

250 units from 2,150 units at $62 = $15,500

Total= 15,500+101,700= $117,200

2. Sale, August 31 (1,550 units )

- from January 30 purchase

1,550 units from 1900 units leftover

1550 at $62 = 1550*62= $96,100

b. Ending inventory

350 units leftover from January 30 purchase + 1,450 units of Beginning inventory, January 1 = 1,800 units

5 0

3 years ago

Usually, price elasticities of supply areA) positive, because higher prices yield larger quantities supplied.B) considered short

Anna35 [415]

Answer:

A) Positive, because higher prices yield larger quantities supplied.

Explanation:

The correct answer to the question is A) Positive, because higher prices yield larger quantities supplied. The price elasticity of supply determines the change in price as a response to the change in supply of the good or service supplied. This is usually calculated in a figure that determines that if price increases what will be the impact on its supply, which usually is a positive figure.

3 0

3 years ago

The list price on Boyton's catalog indicated that product A sells for $3,000, with a trade discount of 5%. Boyton sells the good

Alexeev081 [22]

Answer:

B) $2,850

Explanation:

1: Find the discount: $3,000*5% = $150

2: Subtract the discount: $3,000 - $150 = $2,850

4 0

3 years ago

The most complex level of culture is the culture trait.

xeze [42]

Answer:

False.

Explanation:

Culture trait is the simplest level of culture. It is an individual tool, act, or belief that is related to a particular situation or need. Using spoons and forks when eating is a culture trait. Another trait is the specific greeting used when meeting people. If you meet a pal, you probably say, “Hello”. On the other hand, when greeting the company's manager you would probably be quite formal. The greeting you use is related to the particular situation or need.

So, Individual culture traits combine to form the next level – culture complexes.

And culture complexes combine to form larger levels called culture patterns. These patterns form important components of a society’s culture.

5 0

2 years ago