Only the marketing department is responsible for executing the marketing functions for a company

Which of the following is a disadvantage of a just-in-time management system?

A) It results in a decrease in production space. B) It increases the inventory cost. C) The risk of the inventory becoming obsolete is very high. D) The users of this system sometimes lose sales because of little or no inventory buffers.

Nylan Tiles is considering an investment in new equipment costing $858,000

The equipment will be depreciated on a straight-line basis over a five-year life and is expected to have a residual value of $62,000. The equipment is expected to generate net cash inflows of $1,002,000 in total during the five-year life. What is the accounting rate of return associated with the equipment investment? (Round your answer to two decimal places.) A) 12.36% B) 8.96% C) 45.23% D) 9.34%