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3 years ago

Baldwin has an asset turnover of 1.55 (Asset Turnover = Sales/Assets). That means:________.

Business

1 answer:

DedPeter [7]3 years ago

5 0

Answer:

4. Each $1.00 of assets in the firm generates $1.55 of sales revenue.

Explanation:

Given that

The asset turnover ratio is 1.55 times

Also, it could be calculated by applying the following formula

Asset turnover ratio is

= Sales ÷ Average assets

In this the comparison is made for generating the sales by considering the assets

Therefore in the given case, the last option is correct and hence the same is to be considered

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Question 1

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3 years ago

An attempt to gain control of the firm by buying sufficient shares of the target firm in the marketplace is known as a ________

nikdorinn [45]

Answer:

d. hostile takeover; tender offer

Explanation:

The hostile takeover is the transaction of the merger in which the management of the firm i.e. targeted would not support and acquirer could attempt to gain the control for purchasing the enough shares. And this could be achieved via a tender offer

Therefore as per the given situation, the option d is correct

hence, the same is to be considered

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2 years ago

Miguel owns a bicycle-based courier service named Speed2U. The brand's focus is on fast delivery within 15 minutes from anywhere

Vitek1552 [10]

Miguel did not focus on differentiation. Differentiation in marketing refers to that thing about your company or product that makes you unique and better than everyone else. Speed2U's competitive advantage is their delivery speed. Miguel should have responded that what makes Speed2U unique is their ability to deliver in 15 minutes or less.

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3 years ago

Read 2 more answers

A corporation had the following assets and liabilities at the beginning and end of this year.

ludmilkaskok [199]

Answer:

Net Income / Net Loss:

Scenario A $35,888 (-58,000 + 22,112)

Scenario B $37,088 (-58,000 + 22,112 + 1,500)

Scenario C -$9,112 (-58,000 + 45,000 + 22,112)

Scenario D $17,112 (-58,000 + 35,000 + 22,112 + 18,000)

Explanation:

a) Data and Calculations:

Beginning Ending

Assets $57,000 $24,463

Liabilities 115,000 46,575

Equity (58,000) ($22,112)

Net Income / Net Loss:

Scenario A $35,888 (-58,000 + 22,112)

Scenario B $37,088 (-58,000 + 22,112 + 1,500)

Scenario C -$9,112 (-58,000 + 45,000 + 22,112)

Scenario D $17,112 (-58,000 + 35,000 + 22,112 + 18,000)

b) The net income is the difference between the beginning equity plus new investments and the ending equity and dividends.

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2 years ago