Answer:
d. 0.93
Explanation:
Investment turnover is a measurement of how a company is able to generate revenue as a result of using the money invested in the company.
Investment turnover is computed by
= Net sales ÷ Invested assets
Given that;
Sales = $140,000
Invested assets = $150,000
Investment turnover = $140,000 ÷ $150,000
Investment turnover = 0.93
Therefore, investment turnover for Division A is 0.93
But does business in another country
Answer:
You need to get more points so you can ask questions.
Explanation:
You can do this by answering other people's questions
Answer:
False
Explanation:
Exchange rate helps to determine the value of money in the foreign currency. If the exchange rate changes from 1.8 to 1.5 francs per dollar it means that the franc per dollar appreciates, and the dollar depreciates. Now, more dollars can be bought by trading Swiss franc compared to the previous rate. A decrease in exchange rate decreases the value of the dollar compared to the Swiss franc.
