Based on the given figures above, the total asset turnover rate is 1.28. To get the <span>1.28, you need to use the below formula:
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Total asset turnover= 1/ capital intensity ratio
The capital intensity ratio given is 0.78
Therefore you calculation should be:
Total asset turnover = 1 / .78
Total asset turnover = 1.28
Answer: External records
Explanation:
According to ARMA - "A record is a stored information, regardless of media or characteristics, made or received by an organization that is evidence of its operations and has value requiring its retention for a specific period of time."
The statement above is FALSE. The cash pay back techniques is an important accounting too which managers used to evaluate the viability of capital projects before they decide to go for such projects. The method is used to evaluate how long a capital project will take to cover its original investment.
Answer:
d. neither will advertise.
Explanation:
A game theory is used to analyse the choices of firms in an oligopoly.
A collusion is when two or more firms come together to make a decision usually concerning price.
If both firms advertise, the profit is less than when both firms don't advertise. Therefore, if both firms collude, they would agree not to advertise in order to maximise profits.
But the Nash equilibrium would be for each firm to advertise.
Nash equilibrium is the best strategy for a player in a game regardless of what the other player plays.
I hope my answer helps you.
