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Hunter-Best [27]
3 years ago
13

Bonner Corp.'s sales last year were $415,000, and its year-end total assets were $355,000. The average firm in the industry has

a total assets turnover ratio (TATO) of 2.4. Bonner's new CFO believes the firm has excess assets that can be sold so as to bring the TATO down to the industry average without affecting sales. By how much must the assets be reduced to bring the TATO to the industry average, holding sales constant?
Business
1 answer:
koban [17]3 years ago
5 0

Answer:

$182,083

Explanation:

The computation of the total assets by considering the total assets turnover is shown below:

Total assets turnover = Sales ÷ total assets

2.4 = $415,000  ÷ total assets

So, the total assets equal to

= $415,000 ÷ 2.4

= $172,917

So, the assets is reduced by

= Year-end total assets - calculated assets

= $355,000 - $172,917

= $182,083

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Tcecarenko [31]

Answer:

308 minutes

Explanation:

The average waiting time = \frac{42*5^2+4(540)^2}{2*(480-(42*5)-540*4))}

= \frac{42*25+1166400}{2*(480-(210)-2160))}

= \frac{1167450}{-3780}

= - 308.85 minutes

Thus; alex average waiting​ time, in​ minutes,  308 minutes  if he still wants to  continues to be the only​ worker.

8 0
2 years ago
The midpoint method is used to compute elasticity because it A. automatically rounds quantities to the nearest whole unit. B. gi
gizmo_the_mogwai [7]

Answer:

B. gives the same answer regardless of the direction of change

Explanation:

The computation of the price elasticity of demand using mid point formula is shown below:

Price elasticity of demand = (Percentage change in quantity demanded) ÷ (percentage change in price)

where,

Percentage change in quantity demanded is

= (change in quantity demanded ÷ average of quantity demanded)

And,

The percentage change in price is

= (percentage change in price ÷ average of price)

Therefore, it reflects the same answer  

6 0
3 years ago
The data analysis process phases are ask, prepare, process, analyze, share, and act. What do data analysts do during the ask pha
salantis [7]

The thing which the data analysts do during the ask phase are:

  • Define the problem by looking at the current state
  • Identifying how it's different from the ideal state.

<h3>What is Data Analysis?</h3>

This refers to the use of data to find out the similarity and differences between the different data and how to use it to solve problems.

With this in mind, we can see that during the data analysis process phases, we can see that they include:

  1. Ask
  2. Prepare
  3. Process
  4. Analyze
  5. Share
  6. Act.

Then in the ask phase, the data analysts have to define the problem and then identify how to solve it.

Read more about data analysis here:

brainly.com/question/23810306

7 0
2 years ago
Question 13 of 20 : Select the best answer for the question. 13. The document a caterer uses to stipulate the terms, conditions,
iVinArrow [24]
The document a caterer uses to stipulate the terms, conditions, and contents of the services he or she will provide each client is called the A.) CLIENT AGREEMENT.

Client Agreement is a contract between the client and the contractor. Both parties will sign on the written client agreement contract and both are held accountable on the terms and conditions specified in the contract.
8 0
3 years ago
Violet, William, and Xavier are partners in a partnership that sells medical devices. Violet and William each contributed $100,0
mafiozo [28]

Answer:

d. purchase the machine because each partner has one vote in management matters

Explanation:

Since in the question it is mentioned that the partners vote whether or not to buy a new machine for $100 so the violet and William would agree on this but Xavier does not agree

Now according to this situation the machine should be purchased as each partner vote is necessary also there is a majority of 2 person to buy the machine

hence, the option d is correct

8 0
3 years ago
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