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Cerrena [4.2K]
3 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]3 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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Answer:

a. Asarta Inc. could pay the fishermen $8,500 and keep polluting  

Explanation:

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Due to pollution emitted by company into stream, their catch is dwindling and also their income.

The company benefits from usage of stream to the tune of $4,000 a year.  In such scenario, if company compensates the fishermen for any amount between $8,000 and $40,000 then, in that case, optimal solution to the problem can be achieved in absence of any other transaction cost as per the Coase Theorem.

Therefore, The Asarta Inc. could pay the fishermen $8,500 and keep polluting.

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<h3>What is GDP?</h3>

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