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MakcuM [25]
3 years ago
9

Assume the Residential Division of KappyKappy Faucets had the following results last​ year: Net sales revenue $16,320,000 Operat

ing income 6,528,000 Average total assets 5,100,000 Management's target rate of return 16% What is the​ division's asset turnover​ ratio?
Business
1 answer:
Alinara [238K]3 years ago
3 0

Answer:

3.20

Explanation:

The computation of the asset turnover ratio is shown below:

Total asset turnover = (Net Sales revenue ÷ Average Total assets)

                                  = ($16,320,000 ÷ $5,100,000)

                                  = 3.20

It shows a ratio between the net sales revenue and the average total assets.

All other information which is given is not relevant. Hence, ignored it

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Phillip​ Witt, president of Witt Input​ Devices, wishes to create a portfolio of local suppliers for his new line of keyboards.
kirill115 [55]

Answer:

Based on the EMV value, the best choice is to use Two suppliers

Explanation:

Is necessary to consider different amount of suppliers and evaluate the cost. We will choose the number of suppliers which offers a lower cost.

  • EMV1 = cost of shutdown*super event risk + cost of shutdown*unique event risk + cost of managing supplier = 480000*.02 + 480000*0.05+16000 = 9600 + 24000 + 16000 = $ 49600

  • EMV2 = cost of shutdown*super event risk + cost of shutdown*unique event risk of each supplier*unique event risk of each supplier + cost of managing 2 suppliers = 480000*.02 + 480000*0.05*.05+16000*2 = 9600 + 1200 + 16000*2 = $ 42800

  • EMV3 = cost of shutdown*super event risk + cost of managing 3 suppliers = 480000*.02 + 480000*0.05*.05+16000*2 = 9600 + 16000*3 = $ 57600

Based on the EMV value, the best choice is to use Two suppliers

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3 years ago
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Mortgage banks typically will attempt to sell loans as quickly as possible after they are originated by either issuing mortgage
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Answer:

A) mortgage pipeline.

B) mortgage

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Mortgage banks typically will attempt to sell loans as quickly as possible after they are originated by either issuing mortgage securities or selling the loan to an intermediary that will subsequently sell the loan in the secondary market. The period between loan commitment and loan sale is referred to as the mortgage pipeline.

A mortgage pipeline refers to mortgage loans that are locked-in with a mortgage originator by borrowers, mortgage brokers, or other lenders. <u>A loan stays in an originator's pipeline from the time it is locked until it falls out, is sold</u> into the secondary mortgage market, or is put into the originator's loan portfolio.

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The basis for one's pleasure or dissatisfaction with their financial condition can be defined as income evaluation. Additionally, it might engender a sense of fairness or unfairness in how income is distributed, which might bring about societal change or stabilize the situation.

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