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NISA [10]
3 years ago
12

On january​ 1, 2017​ hillop, inc. had total assets of​ $370,000. during the​ year, the company purchased new machinery worth​ $8

8,000 and promised to pay the amount due after two years. throughout the​ year, it earned revenue of​ $60,000 every month. calculate the asset turnover ratio.
Business
1 answer:
makvit [3.9K]3 years ago
5 0
<span>asset turnover ratio is the ratio of the value of a company's sales or revenues generated relative to the value of its assets. The Asset Turnover ratio can often be used as an indicator of the efficiency with which a company is deploying its assets in generating revenue. Given that the sales is 60k and the value of the asset is 370k, the ratio is simply the sales / value of assets which is 60/(370-88).</span>
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Sprouts Corporation reported net cash provided by operating activities of $412,000, net cash used by investing activities of $25
topjm [15]

Answer:

$32,000.00

Explanation:

Free cash flow is net cash inflow after all of the items.

Here, Inflow from operating activities - Used in investing activities + Inflow from financing activities - Cash outflow on capital assets = Free cash flow

= $412,000.00 - $250,000.00 + $70,000.00 - $200,000.00 = $32,000.00

Note: Generally amount used in purchasing capital assets is part of investing activity, here it is not part of such activity as it is given in addition.

Therefore, free cash flow = $32,000.00

7 0
3 years ago
nflation, recession, and high interest rates are economic events that are best characterized as being A.factors associated with
IgorLugansk [536]

Answer:

A. Factors associated with market risk.

Explanation:

Inflation, recession, and high-interest rates are economic events that all investors need to be aware of. Diversification can lower these risks, but does not eliminate them. They generally are beyond the control of investors, but they should always be considered by security analysis, portfolio managers, and stockbrokers. They are not irrelevant in any way, shape, or form. Everything done with stocks, bonds, and mutual funds should be coordinated based on inflation, recessions, and high interest rates.

5 0
3 years ago
Which of the following is true? In a one-shot game, a collusive strategy always represents a Nash equilibrium. A subgame perfect
Kaylis [27]

Answer: Each Nash equilibrium is a subgame perfect equilibrium.

Explanation:

The Nash Equilibrium in a game is the outcome of which neither of the players would want to deviate from because they are making the highest payoff that they can given the other player's possible choice and leaving this outcome would result in a lower payoff.

In every subgame that is based on the original game therefore, the Nash equilibrium represents the perfect equilibrium for the players as it is giving the highest payoff given the circumstances.

8 0
3 years ago
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gavmur [86]

Answer:

D. Equivalent units of production

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7 0
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Sergio039 [100]

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5 0
3 years ago
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