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a_sh-v [17]
3 years ago
8

Dee's has a fixed asset turnover rate of 1.12 and a total asset turnover rate of 0.91. Sam's has a fixed asset turnover rate of

1.15 and a total asset turnover rate of 0.88. Both companies have similar operations. Based on this information, Dee's must be doing which one of the following? A. utilizing its fixed assets more efficiently than Sam'sB.utilizing its total assets more efficiently than Sam'sC. generating $1 in sales for every $1.12 in net fixed assetsD. generating $1.12 in net income for every $1 in net fixed assetsE. maintaining the same level of current assets as Sam's
Business
1 answer:
Andreyy893 years ago
5 0

Answer:

B.utilizing its total assets more efficiently than Sam's

Explanation:

Dee's has a fixed asset turnover rate of 1.12 and a total asset turnover rate of 0.91. Sam's has a fixed asset turnover rate of 1.15 and a total asset turnover rate of 0.88. Both companies have similar operations.

Based on this information, although Sam seems to be utilizing its fixed assets more efficiently, <u>Dee's must be doing utilizing its total assets more efficiently than Sam's</u>

<u>The fixed asset turnover ratio is an efficiency ratio that measures a companies return on their investment in property, plant, and equipment by comparing net sales with fixed assets. In other words, it calculates how efficiently a company is a producing sales with its machines and equipment.</u>

Dee's has a total asset turnover rate of 0.91 compared to a total asset turnover rate of 0.88 by Sam. Hence Dee's efficiency is higher.

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<h3>What are the future values?</h3>

The formula for calculating future value:

FV = P (1 + r)^nm

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Jerry : 11,400 x ( 1 + 0.12/4)^(4 x 5) = 24,978.80

Elaine : 14,400 x (1 + 0.06/2)^(2 x 5) = 19,352.40

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Kramer : 17,400 x (1.10)^5 = 28,022.87

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2 years ago
Brews 4 U is a local chain of coffee shops. Managers are interested in the costs of the stores and believe that the costs can be
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Answer:

Explanation:

a. In a regression equation expressed as y= a + bx, how is the letter b best described?

Here, b is the slope and best described as the estimate of the cost when there's a visit of an additional customer.

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c. How is the letter x in the regression equation best described?

The letter x is the observed customer visit for that particular month.

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The estimated cost for 370 customer visit will be:

Y = a + bx

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Y = $1496 + ($2.08 × 370 customer visit)

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The percent of total variance which the regression equation explain will be:

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3 years ago
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Answer:

The most sensible position is to understand that theory, while not practical in itself, can be immensely helpful when dealing with pratical matters.

This is because theory gives you a sound conceptual foundation that can be used to analyze the practical context, and approach it with the best possible practical solutions.

Without theory, managers have to rely too much on intuition, which can often fail.

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Any item that has a definite monetary value is able to be used as:
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The environmental variables can be broadly divided into technological, cultural, political, social, and legal factors. While these external factors' influences are often outside the HRM's control the HRM is required to address their effect on the organization and its goals. Some of the other factors can be ethical and global factors.

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