The typical amount of capital needed to launch a startup, according to the Bureau of Labor Statistics, is

Lok Co. reports net sales of $5,856,480 for 2016 and $8,679,690 for 2017. End-of-year balances for total assets are 2015, $1,686

mart [117]

Answer:

2016 = $3.36

2017 = $4.59

Explanation:

The solution of total assets turnover is shown below:-

Particulars 2016 2017

Total assets in the beginning $1,686,000 $1,800,000

Total assets at the end $1,800,000 $1,982,000

Average assets $1,743,000 $1,891,000

(Assets in the beginning + Assets at end) ÷ 2

Sales revenue $5,856,480 $8,679,690

Total assets turnover $3.36 $4.59

(Sales revenue ÷ Average Total assets)

4 0

3 years ago

A reporter appears on television and reports that a collegiate athlete is currently using steroids. The reporter has a sincere b

zhannawk [14.2K]

Answer:

The answer is D, the reporter is liable for a claim of libel

Explanation:

First of, we need to understand that libel in it self refers to a false statement or report published against an individual and of which the report has a very high tendency of tarnishing the individuals image. In order words, it can also be refereed to as the defamation of character where the victim in this case is refereed to as the character.

So, referring back to the question. As a reporter, it is assumed that proper diligence has been done in respect to investigation or investigative journalism as some like to call it before going before the public to declare such a defaming statement and in such a case where such sequentially, the statement comes to be a false statement, the reporter and in some cases the firm at large is liable for a claim of libel.

So as related to the question asked, the answer is D.

6 0

3 years ago

When a tax is placed on the buyers of cell phones, the size of the cell phone market

bonufazy [111]

When a tax is placed on the buyers of cell phones, the size of the cell phone market <span>and the effective price received by sellers both decrease. When a tax is placed on the buyers of cell phones, the market doesn't really increase or decrease as those needing cell phones are still going to purchase and use them however the price that is received usually decreases because they aren't moving at a fast rate. It is likely that the amount of tax placed on them will have a say in how they increase or decrease within the market. </span>

3 0

3 years ago

Bart works as an accountant for Good Times Restaurant. He is responsible for not only keeping the books current but also for mak

GenaCL600 [577]

Embezzlement. He is taking (stealing) asserts that we’re entrusted to him. Bad Bart!

7 0

3 years ago

ssume that Kish Inc. hired you as a consultant to help estimate its cost of capital. You have obtained the following data: D 0 =

Rufina [12.5K]

Answer:

Option (D) is correct.

Explanation:

Given that,

Dividend, D0 = $0.90

Price, P0 = $27.50

Growth rate, g = 7.00% (constant)

D1 = D0 (1 + g)

= $0.90 × (1 + 0.07)

= $0.90 × 1.07

= $0.963

Cost of equity, Ke = [ D1 ÷ P0 ] + g

= [$0.963 ÷ $27.50 ] + 0.07

= 0.0350 + 0.07

= 0.1050 i.e 10.50 %

7 0

3 years ago