Answer:
D. return on investment.
Explanation:
The purpose of this comparison is to evaluate the training program on the criterion of return on investment.
In Business management, Return on Investment (ROI) is a metric mostly used by employers as an assessment and evaluation tool of a training program over a period of time.
Answer: The revenue-maximizing price is $10.
Explanation:
Given that,
Inverse demand function: P = 
Where,
P - Price per ride
Q - Number of rides per day
Revenue(R) = P × Q
= × Q
= 
Differentiating 'R' with respect to Q for calculating Marginal revenue(MR):
MR = 
Here, MC = 0
MR = MC
= 0
Therefore, Q = 10,000
P =
= 
= $10
Hence, the revenue-maximizing price is $10.
<u>Adjusting entry for Rent Receivable:</u>
It is given that Sanborn Company rents space to a tenant for $3,100 per month. The tenant currently owes rent for November and December, it means the Rent Receivable as on Dec. 31 is (3100*2) = $6,200
So the adjusting entry as on Dec. 31 shall be as follows:
Rent Receivable Debit $6,200
Rent Revenue Credit $6,200
(Being adjustment made for rent receivable)
Answer:
$375
Explanation:
If Johnson will use the desired gross margin percentage to determine the selling price of its products, they must use the following formula:
selling price per unit = total manufacturing costs per unit / (1 - gross margin)
Total manufacturing costs = variable manufacturing costs + total fixed costs + batch level fixed overhead = $2,350,000 + $1,200,000 + $200,000 = $3,750,000
total manufacturing cost per unit = $3,750,000 / 20,000 units = $187.50
selling price per unit = $187.50 / (1 - 50%) = $187.50 / 50% = $375
Operations management in the service sector has grown more rapidly than the manufacturing sector. Operations management is the implementation aspect of management.
