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Phantasy [73]
3 years ago
6

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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In terms of economics, stagflation, sometimes known as recession-inflation, is a state in which unemployment is consistently high, the economy is growing slowly, and the inflation rate is high or rising. When inflation and economic stagnation coexist, this is known as stagflation. The economy is in a state of stagnation due to rising unemployment.

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1 year ago
Suppose that due to a fear that the United States is about to enter a long period of stagnant growth, stock prices fall by 50% o
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Answer:

spending would increase

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3 years ago
If the supply of solar panels increases, 1. the price and quantity of solar panels increases. 2. the demand for solar panels inc
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Answer:

3. the price of solar panels decreases and the quantity increases.

Explanation:

An increase in supplies results in reduced prices.  As per the law of supply and demand, an increase in supply while holding the demand contact results in a decrease in price.  Increase supply causes downward movements along the supply curve, pushing the prices lower. There will be many solar panels available in the market competing with for few buyers.

An increase in supplies means an increase in the quantities available in the markets. Buyers will have a large selection of solar panels to choose from.

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To motivate employees, several major department stores are experimenting with incentive compensation plans, although compensatio
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