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3 years ago

Which of these statements is true? Group of answer choices

Business

1 answer:

Thepotemich [5.8K]3 years ago

3 0

Answer:

In general, the higher the total asset turnover and the lower the capital intensity ratio, the more efficient the overall asset management of the firm will be.

Explanation:

Asset Turnover = Net Sales / Total Asset

Capital Intensity = Total Asset / Net Sales

According to the above formulas most efficient situation will be to increase the asset turnover and decrease the capital intesity ratio because they are reciprocal to each other, so thses will behave inversly with each other. Higher turnover means the higher sales using total asset and lower capital intensity ratio means asset are lower timesto the net sales which is an efficient use of asset.

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Profit is the difference between

Arte-miy333 [17]

Answer: D) the amounts received from customers for goods or services and the amounts paid for the inputs used to provide the goods or services

Explanation:

The profit is the difference between the income and the expenses as:

Profit = Income - expense

Income is money that one earn profit in their business and expenses are the money which we spend. And your total income is your revenue. And if the number is in positive value then, it makes profit. Therefore, (D) is the correct option.

8 0

2 years ago

. Zoe Corporation has the following information for the month of March: Purchases $ 92,000 Materials inventory, March 1 6,000 Ma

rodikova [14]

Answer:

1. Cost of goods manufactured = $150,500

2. Net income = $36,500

3. Total Inventory = $61,500

Explanation:

Requirement 1

Zoe Corporation

Schedule of cost of goods manufactured

For the month ended March 31

Direct Materials:

Beginning Materials inventory $6,000

Add: Raw materials purchases 92,000

Raw materials available for use $98,000

Less: Ending Raw Materials 8,000

Direct materials used $90,000

Direct Labor 25,000

Prime Cost $115,000

Factory overhead 37,000

Total manufacturing cost $152,000

Add: Work in process, March 1 22,000

Less: Work in process, March 31 (23,500)

Cost of goods manufactured $150,500

Requirement 2

Zoe Corporation

Income Statement for manufacturing company

For the month ended March 31

Sales revenue $257,000

Less: Cost of goods sold

Beginning finished goods inventory $ 21,000

Add: Cost of goods manufactured (Req.1) 150,500

Finished goods available for sale 171,500

Less: Ending finished goods inventory (30,000)

Cost of goods sold 141,500

Gross Profit $115,500

Less: Sales and administrative expenses 79,000

Net operating Income $36,500

Requirement 3

Zoe Corporation

Balance Sheet

As at March 31

Inventory:

Materials $8,000

Work-in-process 23,500

Finished goods 30,000

Total Inventory $61,500

Inventory consists of all the ending materials, ending work-in-process, and ending finished goods. All the ending items need to be shown in the balance sheet because those inventories will remain at hand at the end of the period.

5 0

2 years ago

When they first started to conduct business, international ride-sharing companies such as Uber or Lyft relied on new, unfamiliar

kobusy [5.1K]

Ride sharing is transformational innovation, according to the innovation matrix.

Uber and Lyft use transformational innovation

Transformational innovation includes making discoveries and creating products for the market.
Companies like Uber use credit and debit cards for reservations, a novel tactic.
Such ideas were virtually unknown to markets in many nations.
In some markets, it gave businesses like Uber a competitive edge.

To learn more about transformational innovation, refer to-

brainly.com/question/17517143

#SPJ4

5 0

2 years ago

In the space below, please tell us more about yourself. We are interested in hearing about your professional strengths, greatest

Sedaia [141]

Answer:

You introduce the following below:

1. Name

2. Your Educational Achievements

3. Your professional achievements related to the work.