The denominator of the fixed asset turnover ratio is AVERAGE FIXED ASSET.
The fixed assert turnover ratio refers to the ratio of sales to the value of fixed asset of a company. The ratio is very important in evaluating how a company is using its fixed assets to generate sales.
Mathematically, fixed asset turnover ratio = Net sales / Average fixed assets.
The numerator is net sales while the denominator is average fixed asset.
Answer:
A credit to Cash of $299
Explanation:
Journal Entry Debit Credit
Merchandise inventory $62
Delivery charges $46
Office supplies $30
Miscellaneous expenses $51
Cash over and short
$100
Cash $299
Cash to be reimbursed = Minimum cash balance required - Cash balance left
Cash to be reimbursed = $500 - $201
Cash to be reimbursed = $299
Explanation:
There are several reasons involved in the reasons why large companies hire celebrities to appear in their marketing communications.
<u>Strategically, using a celebrity on the media can attract attention to the company, due to the large number of people who are curious and are influenced by the values and habits of a certain celebrity, in addition to transmitting reliability to a product or service, which generates attraction of target audience for the brand. Other advantages involved are that celebrities add value to the ad.
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However, to be an effective marketing strategy, it is necessary that the profile and lifestyle of the celebrity are consistent with the values of the company and its target audience, so that an accurate communication that brings success to the company can be transmitted.
A product or service that uses celebrities in its ads is the company Calvin Klein, which prints billboards with celebrities wearing their pieces in various appropriate locations, which is a strategy that adds value to the product, and makes the company recognized and strong market positioning.
<u>B2B (Business to Business)</u> type of commerce makes up the highest percentage of electronic transactions.
E Option is correct
Business-to-business, or B2B, is a method of doing commerce in which corporations transact with other businesses. It alludes to the trading of goods or services between businesses. This phrase can be used to refer to both offline and internet trade. But e-commerce is where we utilize it the most frequently.
When a business concentrates on a B2B model, it markets to other businesses. As a result, the sales process could be lengthier and more complicated than under a business-to-consumer (B2C) model. (B2B) refers to a deal or business done between two companies, like a wholesaler and a retailer.
To know more about B2B
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