Le Meridien, Inc. has an objective of achieving a 25% return from its overall sales. This is an example of a ____ pricing objective.
A. market share
B. cash flow
C. return on investment
D. profit
E. status quo
Answer: D
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Indicate whether the statement is true or false
During the current year, Kemp Construction Company built 23 custom homes that ranged in size from 2,500 square feet to 8,000 square feet. One home was completed each month during January, February, and March. Three homes were completed during April and May. Two homes were completed during each of the months from June through December. Based upon this information, the most appropriate allocation base (i.e., cost driver) for the assignment of indirect overhead costs to each house would be the:
A. Number of months in the year. B. Number of homes built during the year. C. Number of homes built during the month. D. Size of the home.
Which of the following is a factor that will help you direct a presentation specifically to an audience?
a. the location and occasion of the speech b. the audience's knowledge & experience c. the seating arrangement for the presentation d. all of the above.
Complete the following table, which compares the effects of LIFO, FIFO, and weighted-average inventory costing methods on the financial statements in periods of rising inventory costs. The answer should be lowest, highest, or middle
Financial Statement Element: LIFO FIFO Weighted- Average Cost of Goods Sold Net Income Ending Merchandise Inventory What will be an ideal response