Answer: It was concerned almost exclusively with hiring first-line employees.
Explanation:
Personnel management has to do with the planning, integration, compensation, and maintainance of employees to achieve Individual or organizational goals.
Recently, personnel management is now called human resources management. Before then, personnel management during the 1930s and 1940s was concerned almost exclusively with hiring first-line employees who worked on issues relating to the company's future and achieving the company's goals
Many graduates choose to go to a community college or a trade school after graduation to save money on tuition. Typically, a trade school program takes two years to complete and ends with
an apprenticeship in the student's chosen trade to provide hands-on training.
How does the decision to go to a trade school rather than a university affect the long-term financial goals of an individual? IE.1.4
O It leads to less hands-on training and less difficulty finding a job.
O It creates less debt from tuition and the ability to enter the workforce sooner.
O It leads to more hands-on training and more difficulty finding a job.
O It creates more debt from tuition, and trade school takes longer to complete.
Going to a trade school rather than a university can positively affect the long-term financial goals of an individual by Option B. It creates less debt from tuition and the ability to enter the workforce sooner.
One of the primary advantages of choosing a trade school is the lower cost of tuition compared to a traditional university. Trade schools typically have lower tuition fees, making them more affordable for many students. This translates to less debt burden, allowing individuals to start their careers with a smaller financial obligation.
Additionally, trade school programs are typically shorter in duration, typically taking two years to complete. This means that students can enter the workforce and start earning sooner compared to the longer duration of university programs. By gaining early entry into the workforce, individuals have the opportunity to start earning and saving money earlier, contributing to their long-term financial goals.
Furthermore, trade school programs often emphasize hands-on training and practical skills development. This prepares students directly for their chosen trade and enhances their employability. They gain specific, job-related skills that are in demand, which can make it easier for them to find employment in their field upon completion of the program.
In contrast, attending a university often involves higher tuition costs, longer program durations, and a broader education rather than a focused trade-specific curriculum. While universities provide valuable knowledge and opportunities for certain careers, trade schools offer a more cost-effective and streamlined path for individuals seeking hands-on training and immediate entry into the workforce. Therefore, the correct option is B.
The question was incomplete, Find the full content below:
Many graduates choose to go to a community college or a trade school after graduation to save money on tuition. Typically, a trade school program takes two years to complete and ends with an apprenticeship in the student's chosen trade to provide hands-on training. How does the decision to go to a trade school rather than a university affect the long-term financial goals of an individual? IE.1.4
A. It leads to less hands-on training and less difficulty finding a job.
B. It creates less debt from tuition and the ability to enter the workforce sooner.
C. It leads to more hands-on training and more difficulty finding a job.
D. It creates more debt from tuition, and trade school takes longer to complete.
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Community centers, libraries or churches are all places that
a. Lend books to students
C. Do not offer tutoring
b. May offer tutoring
d. All of the above
Answer:
The answer is "Option b".
Explanation:
In the centers are public sites, in which members of the community appear together to collect for group activities, social service, publicly available, as well as other uses and they, are often open to the entire community or even a specialist group within the wider community, that's its museums or temples are places where tutoring may take place.
Answer:
B.
Explanation:
The following information pertains to the inventory of Parvin Company during Year 2. Prepare income statements using FIFO and LIFO.
Based on the given information of the inventory of Parvin Company during Year 2, income statements using FIFO and LIFO are prepared below.
What are LIFO and FIFO?First-In, First-Out ("FIFO") bases its calculations on the production costs of the oldest items in a company's inventory, which have typically been sold first. The "Last-In, First-Out" (LIFO) strategy relies on the idea that the most recent products in an organization's inventory have already been sold.
The terms "FIFO" and "LIFO accounting" refer to two techniques for managing inventories and financial matters regarding the amount of money a company must have invested in its inventory of manufactured items, raw materials components, or feedstocks.
The income statement is given below:
FIFO LIFO
Sales (3500*80) 280000 280000
Cost of goods sold
Beginning inventory (300*37) 11100 11100
Purchase 144300 144300
Cost of goods available for sale 155400 155400
Less: Ending inventory -9000 -7400
Cost of goods sold 146400 148000
Gross profit 133600 132000
Operating expense 46000 46000
Operating income 87600 86000
Income before tax 26280 25800
Net income 61320 60200
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The complete question is:
The Following Information Pertains To The Inventory Of Parvin Company During Year 2: Jan. 1 Beginning Inventory 300 Units at $ 37 Apr. 1 Purchased 2,900 Units at $ 42
The following information pertains to the inventory of Parvin Company during Year 2:
Jan. 1 Beginning Inventory 300 units at $ 37
Apr. 1 Purchased 2,900 units at $ 42
Oct. 1 Purchased 500 units at $ 45
During Year 2, Parvin sold 3,500 units of inventory at $80 per unit and incurred $46,000 of operating expenses. Parvin currently uses the FIFO method but is considering a change to LIFO. All transactions are cash transactions. Assume a 30 percent income tax rate. Parvin started the period with cash of $84,000, inventory of $11,100, common stock of $59,000, and retained earnings of $36,100.
Exercise 5-6A Part b
b. Prepare income statements using FIFO and LIFO.
Which of the following is a common potential benefit of outsourcing services?
a. increased control over the service delivery decreased need to attend to people (customers of the service)
b. allowing greater focus on processes increased
c. ability to focus on core competencies
d. decreased need to control the quality of the service because it is outsourced
a typical potential advantage of outsourcing services is option c. The capacity to concentrate on core skills
The act of contracting with a third party to do tasks, run operations, or provide services on the company's behalf is referred to as outsourcing. Outsourcing is the process of hiring a third party from outside a business to carry out duties or produce goods that were previously handled in-house by the business's own staff members. In order to reduce costs, businesses frequently use outsourcing.
Outsourcing non-core operations can improve productivity and efficiency since another company can handle these small tasks more skillfully than the corporation can. Additionally, this strategy can increase industry rivalry, accelerate turnaround times, and lower overall operational costs.
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What trigonometric expression can be used to find the value of x? Replace a and b with the correct values.
A triangle with base side labeled 12 and vertical leg labeled x. Angle at top vertex is labeled 25 degrees. Angle at right vertex is marked right angle
The trigonometric expression that can be used to find the value of x is tan(x) = 12/x
How to determine the trigonometric expression?From the question, we have the following parameters:
Vertical Leg = xBase length = 12Angle at the vertical side = 25 degreesThe measure of x is then calculated using the following tangent ratio
tan(x) = Base length/Vertical leg
Substitute known values
tan(x) = 12/x
Hence, the trigonometric expression that can be used to find the value of x is tan(x) = 12/x
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A bank is preparing a financial asset for trading in the over-the-counter market. It most nearly sounds as though they are _____. securitizing securitizing collateralizing a loan collateralizing a loan creating a derivative creating a derivative offsetting negative risk
A bank is preparing a financial asset for trading in the over-the-counter market. It most nearly sounds as though they are a derivative offsetting negative risk. The correct option is D.
What are over-the-counter financial instruments?OTC securities are those that are not listed on a national securities exchange. The majority of these securities are traded on Alternative Trading Systems (ATSs), which are quotation mediums that may include electronic interdealer quotation systems that show quotes from broker-dealers for many OTC securities.
In over-the-counter markets, trading is done electronically rather than in a physical location. An auction market system is very dissimilar from this. Dealers serve as market makers in OTC markets by quoting prices at which they will buy and sell securities, currencies, or other financial products.
Thus, the ideal selection is option D.
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Write an Introduction and Theoretical Framework on CHS Group - a company offer customised transportation.
The compay link: https://chs.fi/en/
Introduction: CHS Group is a transportation company that provides customized and reliable transportation solutions.
Theoretical Framework: The transportation industry plays a critical role in facilitating economic growth and development.
CHS Group transportation company offers a range of transportation services, including ground transportation, airport transfers, and event transportation, among others. With a focus on quality and customer satisfaction.
The key benefit of customized transportation solutions is that they enable companies to optimize their transportation networks, reducing the time and cost of transportation.
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1. Why do younger, male pay more for car insurance? Why do you believe single people pay more for car insurance than married couples?
average, a married driver pays $160 less per year for car insurance than does a single, unmarried driver. While being married doesn't necessarily make you a better driver, historical data show married couples are more likely to share driving responsibilities than single people.
Hi army
gud nyt
Which of the following would appear in the cash flows from investing activities section of the statement of cash flows?
a. Cash received from stock issued
b. Cash received from bonds payable
c. Depreciation expense on equipment
d. Cash paid for equipment
The correct answer is:
d. Cash paid for equipment
Cash flows from investing activities include transactions related to the acquisition or sale of long-term assets such as property, plant, and equipment. Cash paid for the purchase of equipment would be categorized as an investing activity because it involves the outflow of cash for the acquisition of a long-term asset.
What have you learned from the self-reflection in this class, and how do you think it will help you in the workforce? Be specific.
Okay, I will give you 45 points and mark you Brainliest if you answer this as good as you can. I would really appreciate if you can answer before 10:00pm 12/07/2020.
THANK YOU!!!
Answer:
The first week of this unit I had a mix of emotions, excitement and stress . The topics covered each week have giving me the opportunity to increase my knowledge in many areas. Having an interest in teaching when I started this course has now grown to having an interest in learning as well. Reflecting on my education as a child has shown me the growth in teaching and our current education system.
Professionalism was a great way to start the unit; this topic has giving me the chance to understand the responsibilities that teachers have to students and their parents. On beginning this topic I believed that professionalism was about ethics and how teachers conducted themselves in and out of the classroom. However while this is…show more content…
Cognitive learning and constructing knowledge are topics that hold a strong interest to me. Working with children that have language disorders and cognitive issues the more knowledge I gain in this area assist with the quality of instruction that I provide. Meaningful learning is vital in assisting students to learn and to store newly learned knowledge. Students will benefit from high quality concrete examples, simple and precise instructions. Language development should be encouraged and modelled students should have the opportunity to ask questions. Introducing new words within instructions will assist the student in extending their vocabulary. It is important for all students to put into words their understanding of the tasks being taught.
Understanding cognition and how we learn is essential in the developmental stages of children. Not all students learn in the same way, understanding the cognitive process will assist in the development of the students. By modifying my approach when giving instructions I have noticed growth in current students that I am working with. Using concrete materials and giving the opportunity for students to be involved in hands-on activities on a daily basis, is essential in making new material meaningful to learners.. The knowledge gained from this topic has increased my understanding.
Explanation:
We are evaluating a project that costs $1.68 million, has a five-year life and no salvage value. Assume depreciation is straight-line to zero over the life of the project. Sales are projected at 82 000 units per year. Price per unit is $43.29, variable cost per unit is $22.18 and fixed costs are $623 000 per year. The tax rate is 34% and we require a 10% return on this project. What is the sensitivity of NPV to a 100-unit change in the sales figure?
The sensitivity of NPV to a 100-unit change in sales is -$0.20. This means that for every 100-unit increase in sales, the NPV of the project decreases by $0.20.
To calculate the sensitivity of NPV to a 100-unit change in sales, we need to calculate the NPV of the project at two different sales levels: 82,000 units and 82,100 units. The difference between the two NPV figures will tell us the sensitivity of NPV to a 100-unit change in sales.
First, let's calculate the annual cash flows for the project at 82,000 units:
Revenue = 82,000 x $43.29 = $3,548,780
Variable costs = 82,000 x $22.18 = $1,817,560
Fixed costs = $623,000
Depreciation = $1,680,000 / 5 = $336,000
Taxable income = $772,220
Taxes = $262,300 (34% x $772,220)
Net income = $509,920
Operating cash flow = $846,920 ($509,920 + $336,000)
Now, let's calculate the NPV of the project at 82,000 units:
Year 0: -$1,680,000
Year 1-5: $846,920 / (1 + 10%)^n, where n = year
NPV = -$1,680,000 + ($846,920 / 0.621) = $-423,338.18
Next, let's calculate the annual cash flows for the project at 82,100 units:
Revenue = 82,100 x $43.29 = $3,553,809
Variable costs = 82,100 x $22.18 = $1,820,758
Fixed costs = $623,000
Depreciation = $1,680,000 / 5 = $336,000
Taxable income = $772,051
Taxes = $262,514.34 (34% x $772,051)
Net income = $509,536.66
Operating cash flow = $845,536.66 ($509,536.66 + $336,000)
Now, let's calculate the NPV of the project at 82,100 units:
Year 0: -$1,680,000
Year 1-5: $845,536.66 / (1 + 10%)^n, where n = year
NPV = -$1,680,000 + ($845,536.66 / 0.621) = $-423,701.25
Finally, we can calculate the sensitivity of NPV to a 100-unit change in sales:
Sensitivity = (NPV at 82,100 units - NPV at 82,000 units) / (100 units x price per unit)
Sensitivity = ($-423,701.25 - $-423,338.18) / (100 x $43.29) = -$0.20
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what is the cost of value stream approach with smaller batch size
The value stream approach is a lean manufacturing methodology that focuses on creating value for the customer by identifying and eliminating waste in the production process. One of the key principles of the value stream approach is to create smaller batch sizes to reduce the amount of work-in-progress inventory and improve flow.
While implementing smaller batch sizes can result in several benefits, such as reduced lead times, increased flexibility, and improved quality, there are also costs associated with this approach. Some of these costs include:
Setup costs: Setting up machines and equipment for each batch can be time-consuming and expensive. The more frequent the setups, the higher the setup costs.
Labor costs: Smaller batch sizes may require more frequent machine and equipment changes, which can increase labor costs.
Material costs: Ordering smaller quantities of materials may result in higher per-unit costs due to reduced economies of scale.
Transportation costs: Shipping smaller quantities of products more frequently can result in higher transportation costs.
Overhead costs: Smaller batch sizes may require more frequent quality checks and inspections, which can increase overhead costs.
In summary, while smaller batch sizes can result in several benefits, it is important to carefully evaluate the costs and benefits before implementing this approach in a manufacturing setting.
You decide to decrease the price of your product to increase total sales revenue, because you believe your product's demand is
A) perfectly inelastic
B) unit elastic
C) price elastic
D) price inelastic
Answer:
C) price elastic.
Explanation:
How can not having a checking account become expensive?
A checking account offers easy access to your money for your daily transactional needs and helps you cash secure.
In today's world it is important to have a checking account, for example in India even in rural areas people have checking accounts, which makes transactions easy and secure and it can become expensive if not have a checking account, for example, if a shopkeeper is not having change and you don't have a checking account then the transaction can become expensive, moreover, you will require to carry cash which will become expensive with less security.
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A treasury bonds will pay 3% interest a year for 30 years . How much interest will the investor collect at the of 30 years
The investor collect $30 for one year, $900 at the end of 30 years.
What are treasury bonds? The U.S. government's fixed-rate Treasury bonds (often known as T-bonds) have a maturity range of 10 to 30 years. T-bonds offer semi-annual interest payments until maturity, when the bond's face value is given to the owner.For investors seeking security and a fixed rate of interest that is paid until the bond's maturity on a semi-annual basis, Treasury bonds may be a wise investment. Bonds are a crucial component of an investment portfolio's asset allocation since their consistent return helps balance out the volatility of equities prices. I-bonds issued from May 2022 through October 2022 have a 9.62% composite rate.Learn more about treasury bonds here:
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nicholas omgnicholas omgnicholas omgnicholas omg
which accounting software packages provide CRM functions and automatic currency conversion
__ offers functions that also serve accounting purposes, such as CRM. __ is good for companies with subsidiaries in different counties
blank options- net suite, intacct, fresh books
Net suite offers functions that also serve accounting purposes, such as CRM. Intacct is good for companies with subsidiaries in different counties
Navigate to the Dependents and Benefits tab to manage your dependents and beneficiaries. A 360-degree review solicits comments from direct reports, peers who work closely with the employee, and supervisors in order to provide information to the individual from all perspectives.
A primary beneficiary is the person (or group of people or organizations) you name to receive your belongings after your death. If the primary beneficiary dies, the assets are distributed to the contingent beneficiary. Any property that is not expressly bequeathed to another beneficiary is distributed to a residuary beneficiary.
As a result, the criteria for selecting beneficiaries should be based on the overall purpose of the project. This may include job-related factors such as motivation.
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How do people who volunteering/organizing at a fundraiser use donated items
People who volunteer or organize fundraisers typically use donated items in several ways to maximize their impact providing both financial and experiential value, while fostering community involvement and support for the cause.
Firstly, they assess the donated items to determine their suitability for the event's goals. If the items align with the fundraiser's purpose, they may include them in auctions, raffles, or silent auctions to generate funds. High-value items or unique experiences are often reserved for live auctions to attract higher bids.
In addition to generating revenue, donated items can serve as incentives to encourage donations. Volunteers may offer them as rewards for specific donation thresholds or use them as prizes for fundraising challenges. By leveraging the donated items in this way, organizers motivate participants to contribute more generously.
Moreover, donated items can be used to enhance the overall atmosphere of the fundraiser. They may be displayed to create visually appealing setups, reinforcing the cause and encouraging attendees to engage with the event. For example, art pieces or crafts can be showcased, generating interest and potentially leading to additional donations.
Overall, donated items play a crucial role in fundraising events, providing both financial and experiential value, while fostering community involvement and support for the cause.
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How to make your own website ?
Answer:
Use visual studio code
Explanation:
You want to then make HTML code and CSS code 2 different files that corillate together and you need a header, footer, main, functions is CSS etc
Jake is the manager of a cafe in Houston Texas. Jake opened a bank account under the cafe name
Jake’s Finer Foods is a family-owned, Houston-based broadline distributor and food supplier delivering quality food, exceptional service and custom solutions to foodservice providers throughout Texas and Louisiana since 1946.
Jake’s services a wide range of industry segments, including independent restaurant operators, multi-unit chains, retail grocery, daycares, caterers and corporate cafeterias. Its complete line of product offerings also includes fresh-cut, premium meats from Gourmet Ranch, Jake’s exclusive custom butcher shop.
From its simple and humble start selling eggs door-to-door, to today tapping into global trends, and national and local brands, Jake’s Finer Foods is a thriving family business that is led by faith – impacting lives and helping others achieve their goals.
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Roles and responsibility of central management(business policy)
Answer:
The Four Functions of Management: What Managers Need to Know
Planning. One main role of a manager is creating a plan to meet company goals and objectives. ...
Organizing. ...
Leading. ...
Controlling. ...
How to Develop Key Management Skills. ...
Work to Develop Your Management Skills With an MBA.
McFerrin runs a manufacturing business. His company uses animal skin as raw material to manufacture leather products, such as bags and belts. Last week, the state government passed a new law considering the sentiments of environmental activists and animal lovers. The law bans the use and sale of leather entirely. How will this situation affect McFerrin’s business?
A.
affect his purchase of raw material
B.
affect the release of funds from banks
C.
affect the sale of goods out of United States
D.
affect the sale prices of goods
Answer:
I am pretty sure that your answer will be C. affect the sale of goods out of the U.S
Explanation: Because if you think about it, him not being able to use and sale the leathers is going to affect everyone in the long run, because he is a manufacturer, and probably manufactures to a lot of companies.
Answer:
A,
Explanation:
The Question states STATE government not federal. Automatically canceling C. The law put in place bans SALE AND USE of leather so he can not get access to leather hides let alone turn them into products to sell. Therefore affecting his purchase of raw materials.
In a progressive tax structure, the higher a taxpayer's
income, the greater percentage he or she must pay in
taxes. This chart shows a sample progressive income tax
CEPTS for a taxpayer with total taxable income of $100,000.
Income According to the chart, what would be the total
tax on taxable income of $65,000?
Answer:According to the chart, the total tax on taxable income of $65,000 would be $16,250.
Explanation:
Remember not to use tools that are blank in any way
Remember not to use tools that are D. broken in any way.
Why are tools used ?Any instrument or basic piece of equipment that you hold in your hands and use to perform a specific type of job can be referred to as a tool. Tools include things like spades, hammers, knives, etc.
Any object used to accomplish a task can be referred to as a tool. Equipment typically refers to a collection of tools used to accomplish a particular task. However, it is important to keep in mind that you should never utilize items that are broken in any way before using them.
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Options for this question include:
U.S. Treasury issues three types of Treasury securities: Treasury bills (T-bills), Treasury notes (T-notes), and Treasury bonds (T-bonds). The time to maturity (TTM) of T-bills is 12-month or less than 12-month. The TTM of T-notes is between 1 year and 10 years. The TTM of T-bonds is longer than 10 years. Which one(s) (T-bills, T-notes, or T-bonds) belong to the money market instrument(s)? Which one(s) belong to the capital market instrument(s)? If you would like to buy Treasury securities, which one(s) would you purchase? Explain why?
Answer:
Treasury bills (T-bills) are short-term money market instruments issued by the government to raise short-term funds. They are issued for terms of less than a year and are sold at a discount from their face value. T-bills have maturities of 4, 8, 13, 26, and 52 weeks. Therefore, T-bills belong to the money market instrument(s).
Treasury notes (T-notes) are issued with maturities from two to 10 years and pay interest semi-annually. Therefore, T-notes belong to the capital market instrument(s).
Treasury bonds (T-bonds) are long-term investments that have maturities of 10 to 30 years and also pay interest semi-annually. Therefore, T-bonds belong to the capital market instrument(s).
If you would like to buy Treasury securities, it depends on your investment goals. If you want a short-term investment with low risk and low return, you can consider buying T-bills. If you want a medium-term investment with moderate risk and moderate return, you can consider buying T-notes. If you want a long-term investment with high risk and high return, you can consider buying T-bonds.
Explanation:
I hope this helps
The Berne Conventions provides for international protection of copyrights.
True
False
Which of the following is true if you find a better rate on an external 3rd party channel within 24 hours of making a reservation through one of Marriott's direct channels?
If you find a better rate on an external 3rd party channel within 24 hours of making a reservation through one of Marriott's direct channels, the Marriott’s Best Rate Guarantee policy comes into effect.
Marriott’s Best Rate Guarantee policy is a commitment to providing the lowest rate possible. If you find a lower rate within 24 hours of booking through one of Marriott’s direct channels, Marriott will match that rate and offer an additional discount of 25%.
This policy applies to any Marriott brand including Ritz-Carlton, St. Regis, Westin, Sheraton, Aloft, and othersYou need to first book your reservation through Marriott’s direct channels like Marriott.com, the Marriott Mobile app, Marriott Bonvoy app, the Marriott Reservation Center, or directly with the hotel.
After that, you should look for lower rates on other third-party websites. If you find a lower rate within 24 hours, contact Marriott’s Customer Care team, and they will match that rate plus an additional discount of 25%.The policy does come with some terms and conditions.
The lower rate you find on the third-party website must be for the same hotel, same room type, same dates, same number of guests, same currency, and with the same booking conditions. It also excludes rates that are only available to members of certain groups or organizations, package rates that include flights, car rentals, and other amenities, and rates that are not available to the general public
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Which best describes how consumers may benefit from specialization?
Consumers can only purchase high-quality goods.
Consumers have more price options.
O Consumers receive more sale offers.
O Consumers find products at lower prices.
In specialization a company have produced the product at different price levels. Consumers have more price options.
What is consumer?A consumer is a person who purchases the goods and or services from the business and is also the ultimate user of the products or services. In specialization the company produces a certain product at many different levels by which they have many price options available which vary according to their customization and quality that can be offered to the consumers and hence the customer can purchase different types of a single product from a single company or Brand.
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Monow Manufacturing provided the following information at 1 June 2017. Machinery - Cost $18,100 - Accumulated depreciation $8,350 On 1 January 2018 a machine was sold for $3,000 cash. The machine was purchased on 1 September 2015 for $6,600. On 1 March 2018 a new machine costing $9,900 was purchased. Depreciation is charged for each month of ownership at 20% per annum on a straight line basis. Required (a) Calculate for the machine disposed of: (i) the total amount of depreciation charged (ii) the profit or loss on disposal. (b) Calculate the total depreciation charge on machinery for the year ended 31 May 2018. (c) Prepare an extract of the statement of financial position at 31 May 2018 showing machinery only
In accountancy, depreciation is a term that refers to two aspects of the same concept.
What is the meaning of depreciation?In accounting, the term "depreciation" refers to two different aspects of the same concept: first, the actual fall in an asset's fair valuation, such as the yearly decline in the value of manufacturing equipment.
Depreciation is the estimated decrease in the value of fixed assets over a fiscal year. For tangible items like real estate, machinery, vehicles, and others, large lump-sum purchases are made. To calculate depreciation using the straight-line method, subtract the asset's cost from its salvage value. The amount that can be depreciated, or the depreciable basis, is the outcome. Subtract this sum from the asset's useful life, which is measured in years.
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Estate has an ROI of 16% based on revenues of $400,000. the residual income is $14,000 and the investment turnover is 2. what is the hurdle rate? With Explanation
If Estate has an ROI of 16% based on revenues of $400,000. the residual income is $14,000 and the investment turnover is 2. The hurdle rate is 9%.
How to find hurdle rate?First step is to find the investment turnover using this formula
Investment turnover=Sales/invested capital
Investment turnover = ($14,000 / $400,000) × 2
Investment turnover = 0.035 × 2
Investment turnover =0.07
Second step is to find the hurdle rate using this formula
Hurdle rate = ROI - Investment turnover
Hurdle rate = 0.16 - 0.07
Hurdle rate = 0.09× 100
Hurdle rate = 9%
Therefore the hurdle rate is 9%.
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