Question
Provide the answer and calculation/explanation please! 1. Maxwell Company established a center to provide its employee training seminars. Maxwell budgeted costs for a weekend training
Provide the answer and calculation/explanation please!
1. Maxwell Company established a center to provide its employee training seminars. Maxwell budgeted costs for a weekend training seminar for managers at $300 per employee. Actual costs were $315 per employee. The training center would be considered a (an)
a. asset center.
b. profit center.
c. cost center.
d. investment center.
2. Kennedy Aeronautics desires an 8% ROI on all investment projects. Details of a proposed investment include the following:
Sales Revenues $30,000
Expenses 27,000
Investment Turnover 1.5
Which of the following statements is accurate?
a. Based on ROI, the company should accept the investment project.
b. The investment project would have a 10% return.
c. The company should reject the investment project.
d. The company
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