Examlex

Solved

Studies Show That Complying with the Americans with Disabilities Act

question 45

True/False

Studies show that complying with the Americans with Disabilities Act (ADA) requires businesses to spend an average of almost $17,000 to bring their buildings up to ADA standards.


Definitions:

Return On Investment (ROI)

A performance measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the net profit from the investment by its original cost.

Residual Income

The income that remains after subtracting all required expenses, including a minimum target return, from operating income.

Producing Departments

Sections within a manufacturing facility where raw materials are processed or assembled into finished products.

Fixed Costs

Costs that do not change with the level of output or sales, such as rent, salaries, and insurance premiums.

Related Questions