Sea Cruise Equipment Company Has Several Divisions That Are Investment

question 121

True/False

Sea Cruise Equipment Company has several divisions that are investment centers.Data for the Boat Division and the Trailer Division are shown here:
$$\begin{array} { | l | r | r | } \hline & \text { Boat Division } & \text { Trailer Division } \\\hline \text { Operating income } & \$ 70,000 & \$ 42,000 \\\hline \text { Total assets at Jan. 1 } & \$ 692,000 & \$ 233,000 \\\hline \text { Total assets at Dec. 31 } & \$ 700,000 & \$ 281,000 \\\hline\end{array}$$ With regard to the efficient use of assets,the Boat Division has a higher return on investment (ROI)because it has the highest operating income.

Recognize the importance of managing patient information and preferences in scheduling.

Identify strategies for handling late arrivals, no-shows, and cancellations.

Learn how to effectively communicate with patients regarding their appointments.

Understand the ethical and efficient handling of in-office emergencies and practitioner unavailability.

---

Definitions:

Line Of Credit

An arrangement between a financial institution and a customer that establishes a maximum loan balance that the borrower can access.

Carrying Costs

The cumulative expenses associated with maintaining inventory, which encompass storage fees, insurance premiums, taxes, the decrease in value over time, and the costs related to missed opportunities.

Shortage Costs

Costs incurred when demand exceeds supply, leading to inventory shortages, potentially including lost sales, backorder costs, and customer dissatisfaction.

Stock Out Costs

The costs associated with running out of stock, including lost sales, diminished customer loyalty, and operational disruption.