Thank you for helping me out Chegg Tutor! Much appreciated! :)

QUESTION 1

1. Which of these businesses is likely to operate a job costing system?

   	a.	Kmart Car Repairs
   	b.	Kitchen installations firm
   	c.	All are likely to operate a job costing system
   	d.	Advertisement design firm
   	e.	A taxation consulting firm

1 points

QUESTION 2

1. Using the information in the table below, calculate the accounting rate of return (ARR) rounded to two decimal places.

   Average profit before depreciation	$75 000
   Annual depreciation	$15 000
   Period of investment	4 years
   Initial investment	$800 000
   Value at end of the investment period	$100 000

   	a.	13.33%
   	b.	16.67%
   	c.	None of the options is correct
   	d.	15%
   	e.	18.75%