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mixas84 [53]
3 years ago
15

Which of the following is not an asset utilization ratio?

Business
1 answer:
maw [93]3 years ago
5 0

Answer:

B) Return on assets

Explanation:

Asset utilization ratio shows the length of time take on average to collect its sales. Inventory turnover, Fixed asset turnover and average collection period are all the ratio calculates the average days / times to recover the sales value. So the only return on asset is  a value which deals with total net income as a percent of average assets

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If the Federal Reserve tightens the money supply, other things held constant, short-term interest rates will be pushed upward, a
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Answer:

The statement is true

Explanation:

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When a firm can _____ its capital equipment over a shorter period, it cuts its taxes _____. appreciate; later appreciate; now de
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When a firm can depreciate its capital equipment over a shorter period, it cuts its taxes now.

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8 0
2 years ago
A company has advance subscription sales totaling $45,000 for the upcoming year when four quarterly journals will mailed to cust
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Answer:

A.

Debit Unearned Revenue $11,250

Credit Sales $11,250

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B. It is an income for the company. Prepaid subscription is an expense for the company. Therefore, it is incorrect.

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E. Again, cash cannot be credit. Therefore, it is incorrect.

A is the correct answer. As, when the company received the payment, unearned revenue was credit. As the income is now recorded for the first quarter, $(45,000/4) = $11,250 of unearned revenue becomes earned. So, it is debit. Since it is a sale of a company, the sale becomes credit.

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