Answer:
Asset turnover 1.42
Return on assets 0.39%
Explanation:
Here, we are asked to calculate the asset turn over and the return on assets.
Mathematically;
Asset turnover = Net sales/Average total assets
Net sales = $35,497
average total assets = (25,633+24,244)/2 = 24938.5
Asset turnover = 35,497/24938.5 = 1.42
The return on assets can also be calculated mathematically.
mathematically, return on assets = Net income/Average total assets
Net income = $98
Average total assets = 24,938.5 from above
= 0.0039 or 0.39%
Let's say that a severe and protracted recession leads some job seekers to give up on their attempts because they think there are no jobs accessible for them. These people are referred to as: Discouraged.
Discouraged by continuous failure: dishearten was deprived of courage or confidence. to undermine an effort to reduce absenteeism by impeding it. sought to discourage her from going, or to try and prevent someone from doing something. to get demoralized Discouragement is the act of trying to persuade someone not to do something. One way to discourage someone is to list all the reasons they shouldn't purchase a new car.
Learn more about Discouraged here.
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Answer:
Production= 60,740
Explanation:
Giving the following information:
Sales= 59,700
Beginning inventory= 6,410
Desired Ending inventory= 7,450
<u>To calculate the production for the year, we need to use the following formula:</u>
Production= sales + desired ending inventory - beginning inventory
Production= 59,700 + 7,450 - 6,410
Production= 60,740
Answer:
Apportioned joint cost to A=$92,800
Explanation:
<em>Joint costs are the costs incurred up until the split-off where two or more products result from the same production process. These common costs need to be apportioned among the joint products using any of the following basis:</em>
- physical units
- Relative sales value basis.
The relative value basis apportions joint costs using the proportion of product individual sales value to the the total sales value.
Total sales value = (280×4,000) + (100×2,800) =1400000
Apportioned joint cost to A =(1,120,000/1,400,000)× 116,000=92800
Apportioned joint cost to A=$92,800
