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patriot [66]
3 years ago
9

Lenders are prohibited from

Business
1 answer:
boyakko [2]3 years ago
3 0
Taking money from others
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The following financial statement data are for the year ending December 31 for Agency Company: Sales $200,000 Total assets: Begi
azamat

Answer:

1.25

Explanation:

asset turnover ratio = net sales / average total assets = $200,000 / [($170,000 + $150,000) / 2] = $200,000 / $160,000 = 1.25

Asset turnover ratio is a useful indicator of a company's efficiency, since it measures total sales relative to total assets. A company that uses its assets to generate sales more efficiently will have a higher asset turnover ratio.

5 0
4 years ago
Question 1 of 10: a drugstore is promoting candy sales for one month. a budget of $300 was allocated to this promotion based on
jek_recluse [69]
A) 6,000
300/0.05=6,000
4 0
3 years ago
Read 2 more answers
Employers are least likely to help pay for at least a portion of which of the following employment benefits?
Liono4ka [1.6K]
Where are the following benefits?
6 0
3 years ago
The owner of Fido's Pet Supplies wants to know how much dry dog food to stock in her new location. On her customer questionnaire
Zarrin [17]
It seems that you have missed the necessary options for us to answer this question so I had to look for it. Anyway, here is the answer. If the owner of Fido's Pet Supplies wants to know how much dry dog food to stock in her new location and on her customer questionnaire, the question that would be most likely to help her estimate her needs is this: <span> Does your dog prefer canned or dry food? Hope this helps.</span>
7 0
4 years ago
A process cost system would be used for all of the following except the :____________
yuradex [85]

Answer:

d. printing of wedding invitations.

Explanation:

Process costing can be regarded as accounting methodology which involves the tracing as well as accumulation of direct costs, then carry it the allocation of indirect costs of a manufacturing process. There is usually assigning of Costs to products, which is in a large batch, this might not encompass an entire production of that month.

process cost system would be used for ;✓refining of petroleum.

✓manufacture of cereal.

✓production of automobiles.

3 0
3 years ago
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