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Nana76 [90]
2 years ago
5

When calculating turnover of property plant & equipment and receivables, which item from the income statement do we use? Ope

rating expenses, Sales, Gross profit, Net income
Business
1 answer:
saw5 [17]2 years ago
4 0

The term used from the income statement to calculate turnover is (b) Sales

<h3>How to determine the term?</h3>

The turnover of property plant & equipment and receivables is calculated using

Turnover = Sales ÷ Average Inventory

The dividend in the above equation is Sales

Hence, the term used from the income statement is (b) Sales

Read more about turnover at:

brainly.com/question/25623677

#SPJ1

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On June 1, 2018, Cork Oak Corporation purchased a passenger automobile for 100 percent use in its business. The auto, with a cos
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=$ 4400

Explanation:

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Environmental Designs issues 3,000 shares of its $1 par value common stock at $15 per
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Examples of the environmental designs technique encompass the use of roadway noise laptop fashions in the design of noise obstacles and the use of roadway air dispersion fashions in reading and designing city highways.

Environmental design is the ordering of the big-scale factors of the environment by means of structure, engineering, panorama architecture, urban making plans, regional planning, and so forth., typically in a mixture. the have a look at or exercise of this.

An environmental design diploma is an education program that teaches college students how to design environmentally sustainable areas. students enrolled in this degree program discover ways to make design selections that benefit both human beings and the herbal surroundings.

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If union contracts raise wages above competitive levels, what might be one negative outcome?​
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Companies will move overseas to escape unions and hire cheaper labor.

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Operating profit is essentially a measure of how efficient management is in generating revenues and controlling expenses. True F
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