Answer:
TRUE
Explanation:
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Answer:
The total turnover increases
Explanation:
Asset Turnover Ratio is a measure of how efficient the assets of a company is when compared with the company's sales or revenue. To calculate Asset turnover ration, the<u> net sales is set as a percentage of the company's total assets. </u>
The higher the turnover of the asset based on the calculation then the higher the chances that organisation is generating revenue efficiently from its assets. A lower turnover however is the implication that the company is not efficiently using its assets and it could imply some internal issues.
Therefore, the higher the sales without any change in assets means the Asset Turnover will increase or be higher and it will indicate higher efficiency
Answer:
the weighted average cost of capital is 6.96%
Explanation:
The computation is shown below;
= Cost of equity × weight of equity + cost of debt × (1 - tax rate) × weight of debt
= 15% × 40% + 2.45% × (1 - 0.35) × 60%
= 6% + 0.96%
= 6.96%
Hence, the weighted average cost of capital is 6.96%
The same would be considered
The price of sugar that prevails in international markets is called the: Market futures price.
<h3>Market Futures price</h3>
The price of any commodity, sugar inclusive is usually quoted in two different ways.
The first of which is the market or the market futures price, which is the price reported in the news and regarded as the global trading price for such commodity. The spot price, on the other hand, is the cash price of commodities. This is what traders actually use for such commodity on the day of purchase.
Read more on market futures price;
brainly.com/question/1355815
Answer:
Option (b) is correct.
Explanation:
Given that,
Balances at June 30, the end of the fiscal year:
Sales = $10,800
Sales Returns and Allowances = $400
Sales Discounts = $200
Cost of Goods Sold = $5,000
Net sales for the month:
= Sales - Sales Returns and Allowances - Sales Discounts
= $10,800 - $400 - $200
= $10,200
Therefore, the net sales for the month of June is $10,200.