Answer:
a. Ratio of fixed assets to long-term liabilities
= <u>Fixed assets </u> x 100
Long-term liabilities
= <u>$3,200,000</u> x 100
$2,000,000
= 160%
b. Ratio of liabilities to shareholders' equity
= <u>Total liabilities</u> x 100
Shareholders' equity
= <u>$3,000,000</u> x 100
$5,000,000
= 60%
c. Asset turnover
= <u>Sales</u>
Total assets
= <u>$18,750,000</u>
$7,000,000
= 3 times
d. Return on total assets
= <u>Net income</u> x 100
Total assets
= $930,000 x 100
$7,000,000
= 13.29%
Explanation:
The ratio of fixed assets to long term liabilities equals fixed assets divided by long-term liabilities multiplied by 100.
Ratio of liabilities to stockholders' equity equals total liabilities divided by total stockholders' equity multiplied by 100. The total liability is equal to current liabilities plus long-term liabilities.
Asset turnover equals sales divided by total assets.
Return on total assets equals net income divided by total assets multiplied by 100.
<span>The organization that requires a 90-day supply of oil is the International Energy Agency (IEA). Each country in the organization must stock an amount of petroleum equivalent to this amount because of the organization's obligations.</span>
Answer:
1. B
2. E
Explanation:
1. Consumer or buyers use the extended decision making as it is that decision making which involves high level of the purchase involvement, extensive internal and the extensive information search with complex evaluation of the alternatives. In case of automobiles, buyers will choose the extended decision making as it is expensive, infrequently purchased products.
2. As there is involvement of high risk of financial loss in the future purchasing power, for people or consumer, the automobiles have the situational involvement, it is the short term state which directs towards the attaching relevance of a situation or person. In other words, it is an state where, it establish a level of involvement when a consumer or person think of a specific situation or object.
Answer:
C. $2
Explanation:
The marginal cost is the cost for producing an additional unit of the product. According to this and as the statement says that with the additional worker the output rises to 3,750, teh first thing is to find the number of additional units that were produced:
3,750-3500= 250
With the new worker, the firm produces an additional 250 units that cost $500 because this is the salary of the new worker and to calculate the cost of one additional unit you have to do the following:
250 units ⇒ $500
1 unit ⇒ x
x=( 1*500)/250= 2
The firm's short-run marginal cost is $2.
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