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The goal of benchmarking is to: To make an organization more competitive with other companies within the industry. Identify those best practices and improve both
The goal of benchmarking is to: To make an organization more competitive with other companies within the industry. Identify those best practices and improve both quality and productivity. Help managers understand the interrelationships between various areas of an organization. Use qualitative and quantitative measures to evaluate managers of organizational units. The average collection period reveals: How many days, on average, it takes between when an original contact is made to collect an account until the cash is collected. How many days, on average, the company takes to collect past due accounts How many days, on average, it takes between when an order is placed until the cash is collected, How many days, on average, the company takes to collect cash from a credit sale. After a company invests in capital assets, it will perform a in order to compare the actual to the projected net cash inflows. cash flow analysis post-implementation audit post-cash flow audit pre and post analysis Gibson Inc. is considering the purchase of equipment costing $150,000. The equipment has a 12-year useful life and no salvage value. The equipment will generate $25,000 in annual cash flows. The company has a 10% required rate of return and uses the straight-line depreciation method. The accounting rate of return on this equipment is closest to: 8.33% 18.05% 9.03% 16.67%
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