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3 years ago

Asset utilization ratios

Business

1 answer:

Igoryamba3 years ago

8 0

Answer:

a. relate balance sheet assets to income statement sales.

Explanation:

Asset utilization ratio measures the ability of a firm to generate revenue from each dollar of assets that it holds. It is computed using the following formula:

Asset Utilization = Revenue / Average Total Assets

Revenue is an income statement account, while average total assets is a balance sheet account, thus, the answer is a.

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On January 10, Molly Amise uses her Lawton Co. credit card to purchase merchandise from Lawton Co. for $1,700. On February 10, M

AVprozaik [17]

Answer:

the journal entry are given below

Explanation:

given data

On January 10

purchase merchandise = $1,700

On February 10

amount due = $1,700

On February 12

Molly pays = $1,100

On March 10

amount due & interest = 1% per month

solution

Interest revenue to be recorded on March 10 that is calculated as

Unpaid balance as of February 12 = $1700 - $1100 = $600

and interest rate = 1% per month

Interest revenue = $600 × 1% = $6

so the journal entry are

date account title debit credit

January 10 account receivable $1700 sales revenue $1700

February 12 cash $1,100

sales revenue $1100

March 10 account receivable $6

interest revenue $6

5 0

3 years ago

nokia reportedly dismissed the original iphone with its large glass surface partly because it failed one of nokia's own ruggedne

blondinia [14]

The logical conclusion to draw from Nokia's experience in this regard is Nokia prioritized that attribute more highly than the market did. The correct option is d.

<h3>What is the logical conclusion?</h3>

A logical conclusion is a logical statement that is given by taking facts and ideas that are presented before the person. These conclusions are based on true facts and logical things that can happen.

Here, the company Nokia dismissed the original iPhone with its large glass surface, partly because it failed the testing.

Thus, the correct option is d. Nokia prioritized that attribute more highly than the market did.

To learn more about logical conclusion, refer to the link:

brainly.com/question/24658702

#SPJ4

The question is incomplete. Your most probably complete question is given below:

a. Five feet is too stringent; two or three feet would have been more reasonable.

b. The iPhone should have been stronger.

c. Consumers should have paid more attention to Nokia's high standards.

d. Nokia prioritized that attribute more highly than the market did.

e. Apple should have enforced stronger quality controls.

5 0

1 year ago

In Spring 2018, Parmac Engineering Company signed a $160 million contract with the city of Parkersburg, to construct a new city

marta [7]

Answer:

By using the percentage-of-completion method the $64 million revenue should Parmac recognize in 2018

Explanation:

Percentage-of-completion method : Under this method,

First we have to calculate the percentage which is based on current period cost to total period cost.

After that, multiply the percentage with the revenue so that we get to know how much revenue is being recognized during an particular year.

In mathematically,

Estimated Cost percentage = current period cost ÷ total period cost

= $48 million ÷ $120 million

= 40%

Now,

Revenue recognized = Estimated cost percentage × Revenue

= 40% × $160 million

= $64 million

Hence, by using the percentage-of-completion method the $64 million revenue should Parmac recognize in 2018

7 0

3 years ago

The business environment consists of several factors that affect a business's ability to be successful and operate profitably.Cr

Damm [24]

Answer:

1. technological

2. Social

3. Competitive

4. Economic and legal

5. Global

Explanation:

environmental forces can be defined as those factors that have the ability to affect or influence how an organization or business operates.

based on the question, 5 environmental forces have been identified with each:

1. Technological

for Booksellers- Boarders, they eventually went bankrupt because of technological advancement that has made books readily available on the internet. so people easily go for these soft copies rather than the hardcopy that they used to.

2. Social

Snap for Seniors- Eve Stern is an entrepreneur who started a business. this is a social environment force that is involved in serving the needs of the elderly.

3. Competitive

blackberry- When the BlackBerry phone system quit working, it affected 70 million customers. Those customers turn to other cellphones which offered the reliable service business customers demand, at a lower price. customers are always likely to go to the side of the competition where prices seem to be fairer.

4. Economic and legal

Jeffries Roofing- Tom Jeffries owns Jefferies Roofing company. In his proposals, Tom describes materials to be used and a price. When the customer signs the bid, it becomes an enforceable contract.

5. Global

WalMart- In China, Walmart has nearly doubled in size and made "Made in China" stickers are visible all over Walmart stores in the United States.

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3 years ago

The B-52 is an aircraft used by the U.S. military in armed conflict. Based on this information, what kind of good is a B-52 airc

ycow [4]

B. because it is only used by the military and not the public

5 0

3 years ago