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Cerrena [4.2K]
2 years ago
14

g Cabal Products is a division of a major corporation. Last year the division had total sales of $10,333,500, net operating inco

me of $539,500, and average operating assets of $4,150,000. The company's minimum required rate of return is 13%. The division's turnover is closest to:
Business
1 answer:
timama [110]2 years ago
6 0

Answer:

2.49

Explanation:

The division’s turnover is computed using the formula of turnover ratio. Divide the total sales portion of the division with the average operating assets that gives the division’s turnover.

Division Turnover= Sales / Average Operating Cost

DT= $10,333,500 / $4,150,000

DT= 2.49

The division's turnover is closest to 2.49

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Austin Grocers recently reported the following 2016 income statement (in millions of dollars): Sales $700 Operating costs includ
Zolol [24]

Answer:

$152.4 million

Explanation:

The computation of the projected net income is shown below:

As we know that

Net income = (EBIT - interest) × (1 - tax rate)

where,

EBIT = Sales - operating cost

= $700 × 120% - ($700 × 120% × 65%)

= $840 - ($840 × 65%)

= $840 - $546

= $294

The interest expense and tax rate is $40 and 40%

So, the projected net income is

= ($294 - $40) × (1 - 40%)

= $152.4 million

We simply applied the above formula so that the projected net income could be come

7 0
2 years ago
The book gives a clear knowledge of marketing at both the strategic and conceptual level as well as the ____.
jasenka [17]

Answer:

The book gives a clear knowledge of marketing at both the strategic and conceptual level as well as the ____.

tactical, hands-on level

Explanation:

At the highest level of marketing management is the strategic level, which is more conceptual.  Down the scale is the tactical marketing plan, which specifies the marketing tools and techniques which a company will use to meet its marketing goals.   At this level, the tactical tools in use include advertising, sales promotions, and other activities that directly implement the strategic marketing plan.  The tactical level reduces the business strategic goals to marketing objectives.

3 0
2 years ago
reventive action ____________. a. realigns the performance of the project work with the project management plan b. seeks to ensu
torisob [31]

Answer:

The correct answer is letter "B": seeks to ensure the future performance of the project work is aligned with the project management plan.

Explanation:

Preventive actions are defined as those that aim to mitigate risks inherent in the operations of a business. Preventive actions lead to entities creating contingency plans that allow them to have certain strategies in front of unexpected situations that could harm the firm's operations.

<em>The project risk management plan is the reference that prevention actions take at the moment of recognizing the set of activities that should be followed to ensure the optimal future performance of a project.</em>

8 0
2 years ago
1) Markets and competition In a perfectly competitive market, all producers sell___________ goods or services. (perfectly identi
marishachu [46]

Answer:

The answers are,

1) Perfectly Identical

2) many

3)takers

4)false

Explanation:

Lettuce is a commodity that can't be differentiated much based on the product. It can be however, differentiated from branding, packaging, etc.

But since the Lettuce is a broad category, we can assume that it is a competitive market.

Perfectly competitive markets do not really exist in the real world and are more of a hypothetical scenario. However, knowing the concept allows businesses and governments to make sound economic decisions regarding production and consumption.

3 0
3 years ago
The effective rate of a $25,000 non-interest-bearing simple discount 10%, 90-day note is
Vlada [557]
<span>For the answer to the question above, the $25,000 due in 90 days.
 I'll use 365 days per year. 10% simple discount:
25000*0.10(90/365) = 616.44
Cash in hand at the beginning of the 90 days:
25000 - 616.44 = 24,383.56

Solve for r: 616.44 = 24383.56*r*(90/365) 

r = 0.10252837 or the nearest answer is letter <span>C. 10.26%
It is not exact because maybe he rounded  off the </span></span>24383.56 
5 0
2 years ago
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