Chicks Corporation had $1,100,000 in invested assets, sales of $1,210,000, income from operations amounting to $242,000, and a desired minimum rate of return of 15%. The residual income for Chicks is:
A) $60,500
B) $22,000
C) $77,000
D) $24,200
C
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Under incentive pay, piecework rates are most suited for routine, standardized jobs with output that is easy to measure.
Answer the following statement true (T) or false (F)
Answer the following statements true (T) or false (F)
1) Plant assets are long-lived, tangible assets used in the operation of a business. 2) The process of allocating the cost of a plant asset over its useful life is known as cost reduction. 3) The cost principle requires a business to record the assets acquired, or services received, at their actual cost. 4) The cost of a plant asset includes all amounts paid to ready the asset for its intended use. 5) A business that has a vacant building that is not currently being used would classify the building as a plant asset.
Chips of Joy, a leading chocolate chip cookie manufacturer, has decided to use the same marketing strategy approaches and marketing mix worldwide for all of its brands
The only change that will be made is language translation on the various packaging. Chips of Joy is using a(n) ________ marketing strategy. A) collective global B) standardized global C) adapted global D) joint global E) direct global
When the value of a country's exports exceeds the value of its imports, the country has a(n) ________
A) industrial economy B) exchange control C) trade surplus D) trade deficit E) post-industrial economy