By 2025, annual consumption in emerging markets will total $30 trillion and contribute more than ________ percent of global GDP growth
A) 65
B) 70
C) 78
D) 81
E) 85
B
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The accounting rate of return (ARR) is computed by dividing a project's after-tax net income by the average annual investment.
Answer the following statement true (T) or false (F)
Farmen Company had net sales of $600,000 and cost of goods sold of $450,000. Calculate Farmen's gross profit.
What will be an ideal response?
The keys to maintaining a broad differentiation strategy are to
A. out-innovate and out-advertise rivals. B. stress constant innovation to stay ahead of imitative rivals and to concentrate on a few differentiating features. C. keep prices close to the average of all rivals and to spend heavily on new product R&D. D. emphasize personalized customer service and to add as many differentiating features as possible. E. charge a premium price that more than covers the extra costs of differentiating features and to convince customers to be brand loyal.
Use the following to answer the questions below:On October 1, 2016, the City of Mizner issued $5,000,000 in 4%, general obligation bonds at 101 for the purpose of constructing an addition to City Hall. The premium was transferred to a debt service fund. A total of $4,968,750 was used to construct the addition, which was completed prior to June 30, 2017. The remaining funds were transferred to the debt service fund. The bonds were dated October 1, 2016, and paid interest on April 1 and October 1. The first of 20 annual principal payments of $250,000 is due October 1, 2017. The fiscal year for Mizner is July 1- June 30.How would the construction costs of $4,968,750 be reported at year-end?
A. As a capital asset in the Statement of Net Position only. B. As an expenditure of the capital projects fund only. C. As an expenditure of the capital projects fund and an expense in the government-wide Statement of Activities. D. As an expenditure of the capital projects fund and a capital asset in the government-wide Statement of Net Position.