GEN COMBO MANAGERIAL ACCOUNTING FOR MANAGERS; CONNECT 1S ACCESS CARD
GEN COMBO MANAGERIAL ACCOUNTING FOR MANAGERS; CONNECT 1S ACCESS CARD
4th Edition
ISBN: 9781259911682
Author: Eric Noreen
Publisher: McGraw-Hill Education
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Chapter 12, Problem 12.17P

1

To determine

Advantages of breaking ROI into two separate elements

Introduction: Return on investments is difference between cost of investment and net profit. It is also performance measure which evaluates the efficiency of the investment made. It is even used in comparing the efficiency of difference between investments.

2

To determine

Relative performance of three companies and ways to improve ROI.

Introduction: Return on investments is difference between cost of investment and net profit. It is also performance measure which evaluates the efficiency of the investment made. It is even used in comparing the efficiency of difference between investments.

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correct answer please subject- accounting
Contribution margin is
In the process of reconciling its bank statement for July, Summit Retailers compiles the following information: Cash balance per company books on July 31: $12,750 ⚫ Deposits in transit at month-end: $2,800 • Outstanding checks at month-end: $1,400 Bank service charges: $75 EFT payment automatically deducted monthly, not yet recorded: $950 • An NSF check returned to a customer account: $600 • What is the adjusted cash balance per the books on July 31? a) $11,325 b) $10,950 c) $11,125 d) $11,875
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